Re: [CANSLIM] GAIA

From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] GAIA
Date: Tue, 1 Jan 2002 04:38:15 -0500

Next Article (by Subject): Re: [CANSLIM] GAIA "Katherine Malm"
Previous Article (by Subject): Re: [CANSLIM] GAIA Harvey Brion
Top of Thread: Re: [CANSLIM] GAIA "Tom Worley"
Next in Thread: Re: [CANSLIM] GAIA "Katherine Malm"
Articles sorted by: [Date] [Author] [Subject]

Hi Harvey,

Normally I would agree that funds ownership of 58% (DGO shows 59%) would be
worrisome. But in this case, of the 8.4 million shares issued, all but 1.8
million are owned by Management. So the funds ownership only amounts to
about 1 million shares. So it is nearly a private company, and likely to be
run the same way (which isn't necessarily bad), with shareholders having
little say. Even the funds will have little influence. The lack of a trading
float also contributes to volatility with ADV at 44K shares.

The upside of this is that the true owners (Management) have far more to
lose than any investor, or all investors combined including the funds, so
it's up to them to run the company well.

Tom Worley
stkguru@netside.net
AIM: TexWorley
- ----- Original Message -----
From: "Harvey Brion" <hbrion@ieee.org>
To: <canslim@lists.xmission.com>
Sent: Monday, December 31, 2001 11:16 PM
Subject: Re: [CANSLIM] GAIA


> I agree with concern about today's close near the day's low but most of
the
> day's volume was in the first 1 1/2 hours and the stock spent most of the
day
> near the midpoint of the day's range.
>
> I see a pivot point on the daily chart at 20.56 with a pretty good 2 week
handle
> on declining volume.  I also see a pivot point on the weekly chart of
20.25 in
> August with a 4 month handle on declining volume following a 15 month
base.
> (This pivot was hit on 12/12 and although having pulled back since then
has not
> broken below the base of the 4 month handle.)
>
> My biggest concerns are the 58% fund ownership and the fact that I can't
figure
> out what their business is.  If I believed in the business I'd consider an
entry
> at 21.50 and keep the stop tight because of the high fund ownership.
>
> Tom Worley wrote:
>
> > Andreas, you got your gap up, but I would be concerned about it closing
> > almost at the low of the day on very heavy volume (what Katherine calls
a
> > tail).  I also would be interested in you explaining how you selected
your
> > pivot or entry point, as I do not see a good one (other than the base it
> > built between 15 and 16.50).
> >
> > Tom Worley
> > stkguru@netside.net
> > AIM: TexWorley
> > ----- Original Message -----
> > From: "Andreas Himmelreich" <judgejimmy@web.de>
> > To: <canslim@lists.xmission.com>
> > Sent: Monday, December 31, 2001 8:49 AM
> > Subject: [CANSLIM] GAIA
> >
> > > GAIA Broke out on Friday
> > >
> > > CWH (Weekly Chart)
> > > Industry Group is in a very good uptrend (Price and Relative Strength)
> > >
> > > Pros -->
> > >
> > > High RS of Industry Group (97), RS 88, EPS 98, Acc Diss A, SMR A,
Timeless
> > > A, Shares 8.4 Million (1.8 Million Free Float), MGM Ownership 78%,
> > > 12 Funds are invested, 4 more then in June, ROI 16%, Dept 31% (not to
high
> > > for a retail comp)
> > > Accelarating Sales. Business Model seems to me very interesting
> > > (Environmental Lifestile stuff, Scalable through the web)
> > >
> > > Cons -->
> > >
> > > New CFO, Institutions are in big time (over 70% Institutions, I know
the
> > > numbers do not add up,
> > > I guess they have 70% the remaining 22% (100 - 78 (MGM Ownership) =
22%).
> > > So if the institutions sell, price goes down
> > > fast.
> > >
> > > I will get in today if there is a gap up today. I will wait if the
open is
> > > flat.
> > >
> > > See you
> > >
> > > Andreas
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > > -
> > > -To subscribe/unsubscribe, email "majordomo@xmission.com"
> > > -In the email body, write "subscribe canslim" or
> > > -"unsubscribe canslim".  Do not use quotes in your email.
> > >
> > >
> >
> > -
> > -To subscribe/unsubscribe, email "majordomo@xmission.com"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in your email.
>
>
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.
>
>



- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.