Archive for August 16th, 2007
Clarus Research on Nightingale quarter
16 August 2007Here is a quick bit from Clarus Securities on Wellington Financial Fund III portfolio co. Nightingale Informatix Corp. (NGH:TSXV):
Nightingale reported Q1/08 (ended June-30) results which included two months of VantageMed that were in-line with our expectations. Total revenue grew by 78.8% sequentially to $6.1 million, in-line with our $6.2 million forecast. We note [...]
The shorts will be out in force at COF
16 August 2007Coventree (COF:TSX) couldn’t land any buyers last night, so the capital need has grown to $1.6 billion in the space of just three days — against total conduit assets of about $15.5 billion according to the June 30th balance sheet release of earlier this week.
Whoever covered their shorts yesterday, driving the stock up nicely, will [...]
Safety recalls becoming rampant
16 August 2007First we learned in June that a certain wooden boxcar (among other Chinese-made Thomas the Tank Engine products) that has been innocently chewed on and otherwise enjoyed by thousands of young children has dangerous levels of lead paint, and was being recalled by RC2 Corporation (RCRC:NASDAQ). Justice is served, and their stock’s down 25% [...]