Poseidon Concepts

PSN-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about PSN-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
August 26, 2013

(A Top Pick August 12/12. Down 98.12%.) This company was delisted from the TSX. It will be interesting to see the results of the class-action suit.

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(A Top Pick August 12/12. Down 98.12%.) This company was delisted from the TSX. It will be interesting to see the results of the class-action suit.

COMMENT
COMMENT
February 6, 2013

Just sold his holdings.

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Poseidon Concepts (PSN-T)
February 6, 2013

Just sold his holdings.

DON'T BUY
DON'T BUY
January 28, 2013

(Market Call Minute.) Real disaster stock to own. Have a fair bit of debt on their balance sheet. Future is very unclear.

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Poseidon Concepts (PSN-T)
January 28, 2013

(Market Call Minute.) Real disaster stock to own. Have a fair bit of debt on their balance sheet. Future is very unclear.

SELL
SELL
January 25, 2013

Stay away until this company shows it has some credibility. If you own, he would go elsewhere.

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Poseidon Concepts (PSN-T)
January 25, 2013

Stay away until this company shows it has some credibility. If you own, he would go elsewhere.

SELL
SELL
January 8, 2013

Have more than 3 competitors in the oil patch doing exactly the same thing. As a growth stock, this company has overstayed its welcome. When he sees a stock like this that has fallen from grace and suddenly has accounting issues, it’s a run for the door stock.

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Have more than 3 competitors in the oil patch doing exactly the same thing. As a growth stock, this company has overstayed its welcome. When he sees a stock like this that has fallen from grace and suddenly has accounting issues, it’s a run for the door stock.

COMMENT
COMMENT
January 8, 2013

Still owns all his holdings and even bought some more at $2.50. Things are happening behind the scenes so how much can be recovered he doesn’t really know. There is a lot of volume at the $1.50-$1.60 level. Even though he is holding all of his stocks, he is not recommending to anybody that they do anything right now.

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Still owns all his holdings and even bought some more at $2.50. Things are happening behind the scenes so how much can be recovered he doesn’t really know. There is a lot of volume at the $1.50-$1.60 level. Even though he is holding all of his stocks, he is not recommending to anybody that they do anything right now.

COMMENT
COMMENT
January 3, 2013

Sold some of his holdings of on the way down. Management is doing a spinoff. He has no sense of the reason for the calamity. Doesn’t know what happens next.

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Sold some of his holdings of on the way down. Management is doing a spinoff. He has no sense of the reason for the calamity. Doesn’t know what happens next.

DON'T BUY
DON'T BUY
December 27, 2012

Wouldn’t be stepping into this one today. Management team left. Dividend has been suspended. Have a number of lawsuits against them.

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Poseidon Concepts (PSN-T)
December 27, 2012

Wouldn’t be stepping into this one today. Management team left. Dividend has been suspended. Have a number of lawsuits against them.

SELL
SELL
December 21, 2012

He owned it and rode it down. Was a very, very bad drop. 50-60% in a single day and then it kept going. He got out right away. Don’t expect a dead cat bounce. Has gone beyond panic selling.

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Poseidon Concepts (PSN-T)
December 21, 2012

He owned it and rode it down. Was a very, very bad drop. 50-60% in a single day and then it kept going. He got out right away. Don’t expect a dead cat bounce. Has gone beyond panic selling.

DON'T BUY
DON'T BUY
December 13, 2012

Had a 43% miss on earnings. Cut guidance. Whole bunch of problems. Confidence has been lost in management. Yield of 31% so definitely the dividend is in doubt. Have more competition coming on. Demand for this kind of service is declining.

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Poseidon Concepts (PSN-T)
December 13, 2012

Had a 43% miss on earnings. Cut guidance. Whole bunch of problems. Confidence has been lost in management. Yield of 31% so definitely the dividend is in doubt. Have more competition coming on. Demand for this kind of service is declining.

HOLD
HOLD
December 6, 2012

Not one of his best picks. Bowled over by the earnings announcement 3 weeks ago. Competition came in a lot sooner than anticipated. Decline is a little over done. 40-50 cents in dividends next year. If you have it, hold it and don’t sell during the tax loss season. Tax loss selling will be a big issue for this stock.

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Poseidon Concepts (PSN-T)
December 6, 2012

Not one of his best picks. Bowled over by the earnings announcement 3 weeks ago. Competition came in a lot sooner than anticipated. Decline is a little over done. 40-50 cents in dividends next year. If you have it, hold it and don’t sell during the tax loss season. Tax loss selling will be a big issue for this stock.

SELL STRENGTH
SELL STRENGTH
December 3, 2012

Tough part is that their business model has significantly changed. It was a growth and dividend payout darling. Numbers have been slashed now. Business model is a bit broken and timing the bottom is difficult. Tax loss selling candidate or sit tight and wait.

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Poseidon Concepts (PSN-T)
December 3, 2012

Tough part is that their business model has significantly changed. It was a growth and dividend payout darling. Numbers have been slashed now. Business model is a bit broken and timing the bottom is difficult. Tax loss selling candidate or sit tight and wait.

SELL
SELL
November 29, 2012

Came out with disastrous earnings. Canadian analyst raise earnings estimate 2 days before the announcement. The dividend is declared for Nov/Dec, but he would not touch this one.

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Poseidon Concepts (PSN-T)
November 29, 2012

Came out with disastrous earnings. Canadian analyst raise earnings estimate 2 days before the announcement. The dividend is declared for Nov/Dec, but he would not touch this one.

SELL
SELL
November 29, 2012

Stock took a 50%+ drop last week because of a class-action lawsuit. Dropped their 2012 guidance by 30% in mid-November. Stock will be in the penalty box at best. There are concerns about the sustainability of what they are doing.

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Poseidon Concepts (PSN-T)
November 29, 2012

Stock took a 50%+ drop last week because of a class-action lawsuit. Dropped their 2012 guidance by 30% in mid-November. Stock will be in the penalty box at best. There are concerns about the sustainability of what they are doing.

COMMENT
COMMENT
November 23, 2012

Owns a small position. Was attracted by Return on Capital and the dividend. Management has revised what its profitability will be and it is nowhere near as profitable. When you get a situation where a bad quarter comes out, there is a big, big overreaction. You are probably safe around this price. All the people who own this stock though are going to be looking to Sell between now and January for tax loss purposes. This one could even go down into the $4’s. Once the selling has stopped, it will probably go back to $7-$8. Accumulate this between now and Dec 15.

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Poseidon Concepts (PSN-T)
November 23, 2012

Owns a small position. Was attracted by Return on Capital and the dividend. Management has revised what its profitability will be and it is nowhere near as profitable. When you get a situation where a bad quarter comes out, there is a big, big overreaction. You are probably safe around this price. All the people who own this stock though are going to be looking to Sell between now and January for tax loss purposes. This one could even go down into the $4’s. Once the selling has stopped, it will probably go back to $7-$8. Accumulate this between now and Dec 15.

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