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Author Topic: COIN Deal with Walmart O/S 32m .80
jdizz
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lets see this roll today.. finally got my funds

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dont make yourself loose money in a stock that you had a resonable profit in

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invester
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Buys at $1.15
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invester
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110000 buy at open.
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invester
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Bought more at $1.05
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sju1973
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Entered a stop order this morning to protect my initial investment should this fall hard. I'm long otherwise for a while. I really think this one is going to do very well.
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invester
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Big buys at $1.09 This ones going to run hard
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invester
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Found a base at $1.05
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jdizz
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isnt this what usually happens the next day after a stock goes up preety heavaily? alot of people want to cash out?

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dont make yourself loose money in a stock that you had a resonable profit in

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invester
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quote:
Originally posted by jdizz:
isnt this what usually happens the next day after a stock goes up preety heavaily? alot of people want to cash out?

Sometimes. I'm buying on dips.
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sju1973
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I think we will move a little at close today. IMO, buyers are looking for the low of day to buy in. I feel near close we will see those buyers getting in as we are riding that baseline right now. The chart looks good right now. Pretty much what I expected. After a huge day like yesterday we were sure to have a little sell off. The trend is up and looks good.
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invester
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Agreed.
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invester
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Stock Alert Converted Organics Inc. (COIN)(D*)
January 14, 2010
Converted Organics Inc. (NASDAQ: COIN)(D*)
* Financial status indicator is deficient: Issuer failed to meet NASDAQ continued listing requirements.

Converted Organics Inc. (COIN) operates processing facilities that use food waste as raw material to manufacture all-natural soil amendment products combining nutritional and disease suppression characteristics. In addition to its sales in the agribusiness market, the Company sells and distributes its products in the turf management and retail markets. As of December 31, 2008, the Company operated two facilities: Woodbridge facility and Gonzales facility. The Company derives revenue from two sources: tip fees and product sales. Waste haulers pay the tip fees to the Company for accepting food waste generated by food distributors, such as grocery stores, produce docks, fish markets and food processors, and by hospitality venues, such as hotels, restaurants, convention centers and airports. On January 24, 2008, the Company acquired Waste Recovery Industries, LLC (WRI) and United Organic Products, LLC (UOP).
Converted Organics Inc. was founded in 2003 and is headquartered in Boston, Massachusetts.

Share Statistics (13-Jan-10)

FY

2007
FY

2008
%

Chg
Q3 2008
Q3 2009
%

Chg

Symbol COIN
Revenue, $Mn 0.0M
1.55M
16.7%
n/a
747K
n/a

Current price $1.33
Gross marg. n/a
-28.0%
n/a
n/a
-141.0%
n/a

52wk Range: $0.57-3.71
Oper. margin -n/m
-670.6%
n/a
n/a
-452.5%
n/a

Avg Vol (3m): 1,283,270
Net margin -n/m
-1043%
n/a
n/a
-643.9%
n/a

Market Cap. 43.7M







Dil. Shares Outst. 37.7M
EPS, $ -0.87
-2.70
-68.2%
n/a
-0.24
n/a


Source: Reuters.com, SEC Filings.


Financial Summary
Financial Strength (13-Jan-2010) Company Industry Sector S&P 500
Quick Ratio (MRQ) 0.24 1.42 1.05 0.93
Current Ratio (MRQ) 0.28 1.96 1.67 1.09
Long-Term Debt to Equity (MRQ) 1,830.15 24.62 25.32 123.53
Total Debt to Equity (MRQ) 1,989.85 44.09 39.90 182.87


Source: Reuters.com, SEC Filings.


Analyst Consensus
No chart available.

Source: www.ft.com


No consensus analysis data available.


Source: http://www.reuters.com/finance/stocks/financialHighlights?symbol=COIN.W

Investment Highlights

COIN recently announced that in connection with previously-received orders from Walmart announced last week, the Company has also received orders for its all-natural, organic fertilizers from Sam’s Club of Puerto Rico and the Amigos supermarket chain of Puerto Rico. Both Sam’s Club and Amigos are affiliates of Walmart. All orders were received by Matosantos Commercial Corp., the Company’s exclusive distributor in the Caribbean.

COIN announced last week that the Company’s proprietary High Temperature Liquid Composting (HTLC) process and unique organic granular and liquid fertilizer products are the focus of a news segment recently posted on www.nj.com, New Jersey’s largest local Web site.

The news segment, shot at COINs’ Woodbridge, N.J. plant, details how the Company’s novel HTLC process converts food waste into organic granular and liquid fertilizer products for residential, municipal, agricultural and landscape use. COIN’s General Manager Dean Ulrich narrates the steps of the manufacturing process throughout the segment.

Source: http://www.convertedorganics.com/

Technical Analysis


Source: http://stockcharts.com


COIN is trading above its 50-day moving average. While this is normally considered to be a bullish sign, the moving average is downward sloping, which means that investors have been liquidating shares during this time period and tempers the bullishness of the signal.

COIN’s recent volatility has been greater than normal. This is evidenced by the increased distance between the upper and lower Bollinger Bands. These bands measure volatility using standard deviation and a large width is due to high volatility. Additionally, COIN is trading above its upper Bollinger Band. Relative to recent price action, the stock is currently overextended and due for either a pause or retracement.

The MACD for COIN currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above 0, which implies that the underlying moving averages are trending higher.

Comparative Analysis
Company Name
Ticker
Price per
Mrkt. Cap.
P/E
P/S

Jan-13-2010
symbol
Share, $
$ Mn
2009
2010
2009
2010









Terra Industries Inc. TRA
32.36
3.23B
10.06
n/a
1.75
n/a

Total SA TOT
65.61
146.43B
n/a
n/a
n/a
n/a

El DuPont de Nemours & Co. DD
34.39
31.08B
46.22
n/a
n/a
n/a

Agricultural Chemicals Median


60.24B
28.14
n/a
n/a
n/a

Converted Organics Inc. COIN
1.33
43.7M
n/a
n/a
11.44
n/a


Source: Thomson Financial


Insider Trading Activity
NET SHARES PURCHASE ACTIVITY

Inside Purchases – Last 6 Months

Shares
Transaction

Purchases 56,750
7

Sales n/a
0

Net Shares Purchased (Sold) 56,750
7

Total Insider Shares Held 1.01M
n/a

% Net Shares Purchased (Sold) 6.0%
n/a

Net Institutional Purchases — Prior Qtr to Latest Qtr

Shares

Net Shares Purchased (Sold) (92,465)

% Change in Institutional Shares Held (70.0%)



Source: Yahoo Finance

Report Dislcaimer
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice.

The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual circumstances. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any of the companies profiled based solely on information contained in our report. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research.

Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing.

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invester
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Agricultural Chemical Stock Alert for Converted Organics Inc. Issued by StockPreacher

Buzz up! 2 Print..Companies:Converted Organics Inc.Related Quotes
Symbol Price Change
COIN 1.04 0.00


{"s" : "coin","k" : "c10,l10,p20,t10","o" : "","j" : ""} Press Release Source: StockPreacher On Thursday January 14, 2010, 6:50 am EST

DALLAS, Jan. 14, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Converted Organics Inc. (Nasdaq:COIN - News). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.


The full report is available at: http://www.stockpreacher.com/n/COIN


Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/StockPreacher


Converted Organics Inc. (COIN) operates processing facilities that use food waste as raw material to manufacture all-natural soil amendment products combining nutritional and disease suppression characteristics. In addition to its sales in the agribusiness market, the Company sells and distributes its products in the turf management and retail markets. As of December 31, 2008, the Company operated two facilities: Woodbridge facility and Gonzales facility. The Company derives revenue from two sources: tip fees and product sales. Waste haulers pay the tip fees to the Company for accepting food waste generated by food distributors, such as grocery stores, produce docks, fish markets and food processors, and by hospitality venues, such as hotels, restaurants, convention centers and airports. On January 24, 2008, the Company acquired Waste Recovery Industries, LLC (WRI) and United Organic Products, LLC (UOP).


Message Board Search for COIN: http://www.boardcentral.com/boards/COIN


In the report, the analyst notes:


"COIN recently announced that in connection with previously-received orders from Walmart announced last week, the Company has also received orders for its all-natural, organic fertilizers from Sam's Club of Puerto Rico and the Amigos supermarket chain of Puerto Rico. Both Sam's Club and Amigos are affiliates of Walmart. All orders were received by Matosantos Commercial Corporation, the Company's exclusive distributor in the Caribbean.


"COIN announced last week that the Company's proprietary High Temperature Liquid Composting (HTLC) process and unique organic granular and liquid fertilizer products are the focus of a news segment recently posted on www.nj.com, New Jersey's largest local Web site."


To read the entire report visit: http://www.stockpreacher.com/n/COIN


See what investors are saying about COIN at penny stock forum


StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com


StockPreacher.com Disclosure


StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.

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invester
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Bought more at .97
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invester
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$1.04 Looks like consolidation is done. We’ll run from here.
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invester
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$1.07 Running
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invester
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$1.10
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invester
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$1.15


Consumer Goods Converted Organics Surges; Rivals Fall
By Andrea Tse 01/13/10 - 11:27 AM EST

Loading Comments...
Add CommentStock quotes in this article: COIN , TRA , CF , AGU NEW YORK (TheStreet) -- Shares of small-cap, Boston-based organic soil amendment and fertilizer manufacturer Converted Organics(COIN Quote) have shot up after the company announced orders from Walmart affiliates today.
More on COIN
Fertilizer War Over! CF Ends Pursuit of TerraPoll: Potash to Pace Ag Stocks in 2010Which Fertilizer Stock Will Outperform?Market Activity
CF Industries Holdings Incorporated| CF UPAgrium Incorporated| AGU DOWNConverted Organics Incorporated| COIN UPBy late morning, Converted Organics had skyrocketed by 25.3% to $1.10.
So far, more than 11.1 million shares in Converted Organics have traded hands today, compared to a three-month average trading volume of 1.3 million.
Converted Organics said that in connection to previous orders from Walmart of Puerto Rico, announced last week, the company has also gotten orders for its all-natural, organic fertilizers from Sam's Club of Puerto Rico and the Amigos supermarket chain of Puerto Rico.
Both Walmart affiliates placed the orders with Matosantos Commercial, Converted Organics' distributor in the Carribean.
The company says there's been growing interest in its products throughout Puerto Rico and the Caribbean due to their environmentally-friendly profiles.
"Converted Organics is committed to continuing to expand our presence throughout the Caribbean in 2010," said Edward Gildea, president of Converted Organics.
Other fertilizer companies are trading lower this morning. Terra Industries(TRA Quote) has tumbled by 3.9% to $32.10, while CF Industries(CF Quote) has inched lower to $94.30, down 0.5%.
Agrium(AGU Quote) has fallen by 1.9% to $65.30.

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sju1973
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Holding its own. Looking at the 4 month chart it's right on track. Very nice so far.
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invester
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Bought more at $1.13 I've got a large position in this. I see this exploding shortly.
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jdizz
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just baught 2k shares at 1.09
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Lockman
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http://stockcharts.com/h-sc/ui?s=COIN&p=D&b=5&g=0&id=p23030200359

--------------------
Let's Go METS!!!

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jdizz
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anyone got any predictions today?

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dont make yourself loose money in a stock that you had a resonable profit in

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invester
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quote:
Originally posted by jdizz:
anyone got any predictions today?

Looks like all the sellers are gone. This should run shortly. $1.10
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jdizz
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good to hear. thanks for the input invester.

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dont make yourself loose money in a stock that you had a resonable profit in

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jdizz
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Converted Organics Retains Crossbow Group for 2010 Marketing Efforts

--------------------
dont make yourself loose money in a stock that you had a resonable profit in

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invester
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Converted Organics Retains Crossbow Group for 2010 Marketing Efforts
4 minutes ago - Businesswire

Related Companies
Symbol Last %Chg
COIN 1.14 4.58%
COINU 1.30 0.00%

As of 1:35 PM ET 1/15/10
Converted Organics Inc. (NASDAQ: COIN) announced today that it has retained Crossbow Group of Westport, CT to develop high impact advertising and marketing communications programs targeted to several of the firm's target markets. Crossbow Group will be developing measurable, scalable programs for the retail lawn and garden, agriculture, professional lawn care and golf course markets. Programs will roll-out in the first quarter of 2010.

"We chose Crossbow Group because of their expertise in helping companies cost-effectively acquire new customers and drive sales," said David Flannery, Vice President of Marketing, Converted Organics. "Crossbow Group is comprised of experienced marketers with a disciplined approach that will enable us to develop and implement integrated marketing programs aimed directly at fertilizer buyers in our target markets. Working with Crossbow to drive sales is one component of Converted Organics' comprehensive sales and marketing strategy for 2010."

"The U.S. generates more than 25 million tons of solid food waste each year. Converted Organics uses advanced bio-scientific processes to convert this waste -- which would otherwise end up producing greenhouse gases in landfills -- into highly effective fertilizer that's safer for kids, pets and the foods we eat. Theirs is an environmentally sustainable solution that's also great business," said Jay Bower, Crossbow Group President. "We look forward to working with Converted Organics' management team to meet aggressive new customer acquisition goals for 2010."

About Crossbow Group

Crossbow Group, one of B-to-B Magazine's Agencies of the Year for the third straight year, is a full-service direct and interactive marketing and communications agency with expertise in developing high impact programs that drive measurable results -- across the entire spectrum of communications media. With a solid grounding in the discipline of conventional and interactive marketing, Crossbow Group ensures that all communications work together as an integrated whole to achieve an ROI that meets or exceeds expectations. The firm's client list includes CIGNA HealthCare, T.Rowe Price, Intuit, Yahoo!, The Motley Fool and other well-known brands. For more information about the company, go to www.crossbowgroup.com or contact Jay Bower at (203) 222-2244 or jbower@crossbowgroup.com.

About Converted Organics

Converted Organics (NASDAQ:COIN, www.convertedorganics.com) is dedicated to producing high-quality, all-natural, organic soil amendment and fertilizer products through food waste recycling. The Company uses its proprietary High Temperature Liquid Composting (HTLC) system, a proven, state-of-the-art microbial digestion technology, to process various biodegradable food wastes into dry pellet and liquid concentrate organic fertilizers that help grow healthier food and improve environmental quality. Converted Organics sells and distributes its environmentally-friendly fertilizer products in the retail, professional turf management, and agribusiness markets.

Converted Organics' flagship manufacturing facility is located in Woodbridge, New Jersey. A second manufacturing site is located in Gonzales, California. Converted Organics' products have been tested in numerous field trials for more than a dozen crops with the result that, on average, the net value of the farmer's crop increased 11-16 percent, depending on the particular crop and product application. This is due, in part, to the disease suppression characteristics of the product, which reduce or eliminate the need for other costly, often toxic, crop protection applications. In a number of lab and field trials, Converted Organics' liquid product has been shown to be effective in mitigating powdery mildew, a leaf fungus that affects most plants and grasses and restricts the flow of water and nutrients to the plant. Increased use of nitrogen in commercial agriculture and turf grass applications, such as on golf courses, has reduced the soil's ability to absorb nitrogen and other nutrients. Using the products produced by Converted Organics helps restore the soil by replenishing these micronutrients. This reduces the amount of nitrogen required in a virtuous cycle that benefits from long-term use. As a result, use of the product reduces chemical run-off to streams, ponds and rivers, an objective with significant long-term benefits to the environment.

Converted Organics' products have a long shelf life compared to many other organic fertilizers. The Company's fertilizer products can be used on a stand-alone basis or in combination with more traditional fertilizers and crop protection products. Converted Organics expects to benefit from increased regulatory focus on organic waste processing and on environmentally-friendly growing practices.

This press release contains forward-looking statements that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. In some cases, you may identify forward-looking statements by words such as "may," "should," "plan," "intend," "potential," "continue," "believe," "expect," "predict," "anticipate" and "estimate," the negative of these words or other comparable words. Forward-looking statements include the ongoing customer demand for the Company's products and the Company's ability to continue to become more efficient in its operations. These statements are only predictions. One should not place undue reliance on these forward-looking statements. The forward-looking statements are qualified by their terms and/or important factors, many of which are outside the Company's control, involve a number of risks, uncertainties and other factors that could cause actual results and events to differ materially from the statements made. The forward-looking statements are based on the Company's beliefs, assumptions and expectations of our future performance, taking into account information currently available to the Company. These beliefs, assumptions and expectations can change as a result of many possible events or factors, including those events and factors described in the "Risk Factors" section in the Company's most recently filed annual report on Form 10-K, as updated in the Company's quarterly reports on Form 10-Q filed since the annual report, not all of which are known to the Company. Neither the Company nor any other person assumes responsibility for the accuracy or completeness of these statements. The Company will update the information in this press release only to the extent required under applicable securities laws. If a change occurs, the Company's business, financial condition, liquidity and results of operations may vary materially from those expressed in the aforementioned forward-looking statements.

COIN-G

SOURCE: Converted Organics Inc.

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invester
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$1.19
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jdizz
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invester what is your price range until you sell?

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dont make yourself loose money in a stock that you had a resonable profit in

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invester
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Large block buying.
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invester
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quote:
Originally posted by jdizz:
invester what is your price range until you sell?

I might sell half at $5 or so to eliminate my exposure. I do think this gets to $10 within a couple of months though. The float is nothing, thus major moves ahead.
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[/qb][/QUOTE]I might sell half at $5 or so to eliminate my exposure. I do think this gets to $10 within a couple of months though. The float is nothing, thus major moves ahead. [/QB][/QUOTE]


ok sweet

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dont make yourself loose money in a stock that you had a resonable profit in

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invester
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At $10 the market cap is roughly $300 million. They have $16 million in cash, and 2010 Capex is already paid for, thus no chance of dilution. Couple that with all the news about Wal-Mart Home Depot Whole foods etc.. and this is cheap. I think there will also be supply deals for the feedstock “Food Waste” on the horizon
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$1.21
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Converted Organics Upward Momentum Looks to Continue (COIN)
12 minutes ago - Comtex Smartrend(r)

Related Companies
Symbol Last %Chg
COIN 1.21 11.01%

As of 10:36 AM ET 1/19/10
SmarTrend identified an Uptrend for Converted Organics (NASDAQ:COIN) on January 05, 2010 at $0.81. In approximately 2 weeks, Converted Organics has returned 39.5% as of today's recent price of $1.13.

Converted Organics is currently above its 50-day moving average of $0.74 and above its 200-day moving average of $1.11. Look for these moving averages to climb to confirm the company's upward momentum.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Converted Organics shares.

Write to Chip Brian at cbrian@tradethetrend.com

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