Service Stocks

Alliance MMA Inc AMMA Stock News

Like all great fighters, Alliance MMA, Inc, (AMMA) is not taking nicely to the fact that its stock has been underperforming in recent weeks, despite the fact that the company has been producing consistent news related to their growth and acquisition strategy. Yesterday, shares of AMMA traded as high as $1.44 on a heavy surge in volume that is in excess of 10X normal trading averages. Since the early morning spike, shares have traded in a range of between 6%-14% higher on continued strong volume.

While no specific news is on the wires to contribute toward the volume and share price increase, investors may be expecting that the flurry of positive press generated by the company during the past two months may translate into a pattern that ultimately delivers sustainable revenues and earnings growth.





Growth At AMMA

The company has been active on its ambitious strategy, acquiring Roy Englebrecht Promotions in June and hosting numerous sanctioned promotional events throughout the country that have featured prominent title bouts featuring many of the most promising and emerging fighters in the sport.

AMMA’s strategy continues to deliver premiums and the goal of becoming the most prolific “minor league” contributor to MMA promotions is clearly taking shape. AMMA has presented fights on Dana White’s Tuesday Night Contender Series, and reported promoting a record six events in the month of July alone. The stated goal by AMMA management is to promote at least 125 regional MMA events per year.




Events in July included promotions with Combat Games, Roy Engelbrecht Promotions, NFC 97, and the Iron Tiger Series scheduled for July 29th. To date AMMA has assembled eleven regional MMA promotion companies throughout the United States and is beginning to gain traction as becoming one of the premier “feeder” systems to offer both the UFC and Bellator the opportunity to view and sign AMMA fighters once they prove their merit to fight at the highest professional level.

Why The Spike?

While no news is currently on the wires, the old adage that “volume precedes price” may hold true here, with shares trading sharply higher throughout Wednesdays trading. AMMA is a company that has been on our watch list for some time now, and investors interested in watching this emerging company develop should stay close to CNA Finance for the most current and up to date developments at AMMA.

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Diana Containerships DCIX Stock News

Diana Containerships Inc (NASDAQ: DCIX) is having an overwhelmingly strong start to the trading session in the pre-market hours today, and for good reason. The company reported its earnings for the second quarter, causing excitement among investors and leading to gains. Of course, our partners at Trade Ideas were the first to alert us to the gains. At the moment (9:19), DCIX is trading at $0.73 per share after a gain of $0.23 per share (45.98%) thus far today.





DCIX Flies On Earnings

As mentioned above, Diana Containerships is having an overwhelmingly strong start to the day in the pre-market hours after reporting its earnings for the second quarter. The earnings showed incredible year-over-year growth. Here’s what we saw:




  • Sales – While sales came in a bit lower than expected, earnings per share clearly blew expectations out of the water. We’ll get to earnings in a second; let’s start with sales. During the quarter, analysts expected that DCIX would generate $6.8 million in sales. However, the company actually generated sales in the amount of $5.498 million.
  • Earnings – While sales didn’t quite hit the mark, earnings definitely proved to be great. During the second quarter, the company generated earnings per share in the amount of $17.27. That’s an incredible jump from the loss of $6.13 per share that the company experienced in the same quarter last year.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on DCIX. In particular, we’re interested in seeing if the company can keep the exceptional earnings growth coming. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Top Ships TOPS Stock News

Top Ships Inc (NASDAQ: TOPS) is having an overwhelmingly strong day in the market today as rumors start to surface surrounding the company. The rumor, suggesting that the company will soon see an acquisition, is causing excitement among investors, sending the stock upward and prompting our partners at Trade Ideas to alert us to the movement. At the moment (11:10), TOPS is trading at $0.60 per share after a gain of $0.34 per share (129.12%) thus far today.





TOPS Gains On Takeover Speculation

As mentioned above, Top Ships is having a strong time in the market today after rumors started to pop up that the company will soon be acquired. The rumors started to fly yesterday when they were started by Sierra World Equity Review. On the website, Sierra says that John Fredriksen is going to acquire TOPS within the next 30 days. While the publication does not suggest at what price the acquisition may happen, they seem to be adamant that it’s likely.




Keep in mind that we see rumors in the market all the time. Sierra World Equity Review has provided two of those rumors in the past month, the first of which didn’t pan out. Chances are that this is nothing more than speculation. At the end of the day, rumors are just that – they are rumors. So, if you’re going to trade on this, make sure to do so with caution.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on TOPS. In particular, we’re interested in finding out of Sierra got it right this time. While we don’t believe that this acquisition is going to take place, anything can happen in the market. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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DryShips Inc. DRYS Stock News

DryShips Inc. (NASDAQ: DRYS) is having an overwhelmingly strong day in the market today, following serious losses experienced last week. It kind of reminds me of an old saying that my dad would utter when I tried to make something that was obviously bad look good. “You can polish a turd, but it will always be a turd!” Well, my friends, that’s what we have with DRYS. You can keep polishing if you’d like, but all you’ll end up with is a hand full of shiny crap!





DRYS Deserves Investigation, Not Support!

For some reason, and one that I simply can’t understand, DryShips is having yet another strong day in the market today. This is proving to be a repetitive process. So, for those of you who missed it the past several times, here’s how it all works.

It starts with DRYS processing a reverse stock split. That’s something that has taken place 5 times so far this year, and will likely take place more. From there, the stock falls dramatically. However, a few days later, we see a trader-fueled pop, like the one we’re seeing today. Over time, this money somehow disappears and DRYS finds itself trading below $1 per share yet again, leading to the next split. Classic pump and dump? You be the judge.




Illegal Activities With Kalani Investments

Another big piece of crap that seems to be closely tied to DryShips is known as Kalani Investments. Kalani is known for buying massive amounts of DRYS shares after dilution with the purpose of selling the stock quickly to make a quick buck. In fact, even the Wall Street Journal believes that these activities should be investigated. Here’s what Jill Fisch had to offer:

If [Kalani is] buying it with the intent to resell, then they’re acting as an underwriter and this is a public offering…”

There would be no problem with that if Kalani was registered with the Securities and Exchange Commission as an underwriter. However, they are not. Instead, they seem to be part of the fraudulent pump-and-dump activity that DRYS continues to take part in.

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What Shareholders Should Do

At the end of the day, if you’ve held shares of DRYS throughout this year, you’ve lost a ton of value on your investment, and considering that the past is likely to be indicative of the future, the game playing by George Economou and the DryShips team is far from over. With that said, it’s time to fight back. It’s time to report the company to the SEC, and if enough people do, an investigation will take place, as it should! The bottom line here is that Economou has made it his mission to take money out of your pocket and put it into his. Stop playing the role he wants you to play and start asking the hard questions!

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DryShips Inc. DRYS Stock News

DryShips Inc. (NASDAQ: DRYS) is having an overwhelmingly rough day in the market today, and for good reason. The company has been following unethical practices for quite some time, driving value down for investors while funneling money into the pockets of the CEO and others on the management team. As a result, multiple class action suits have been filed against the company, leading to fear and sending the value of the stock dramatically down. Of course, our partners at Trade Ideas were the first to alert us to today’s declines. At the moment (9:53), DRYS is trading at $1.30 per share after a loss of $1.70 per share or 56.64% thus far today.





DRYS Gets What It Deserves

Through past articles, I’ve worked to inform investors of unethical business practices at DRYS. With toxic financing, largely led by George Economy, the CEO of the company, himself, and various other unethical business practices, money has been funneled out of investor accounts and into the pockets of management, and a massive amount of it.




The company has largely gotten away with doing so as the result of misleading statements to its investors. While making these statements, DRYS has consistently moved forward with reverse stock splits, showing that the picture isn’t quite as pretty as Mr. Economou explained. In fact, this year alone, DRYS has processed a total of 5 reverse splits. However, looking to the past shows that this is just the tip of the iceberg. In fact to put this into perspective, if you own 1,000 shares today, before the first reverse split that took place in 2016, you now only own 0.00008503 shares. While the SEC claims that reverse splits are nothing more than cosmetic, the carnage these actions have created is incredible, causing many to lose more than 99.89% of their entire investment in just months!

If The SEC Doesn’t Play Ball, Class Action Attorneys Will!

Here’s the reality my friends… it is illegal and unethical to make misleading statements to investors, to act without a fiduciary responsibility to your investors, and to do so in an attempt to steal money from your investors and put that money in your pocket. While the SEC hasn’t decided to play ball quite yet, class action attorneys are all over this thing!

In fact, they are already starting to. Over the past few days, class action attorneys have been filing cases against the company. Just to name a few of these, Khang & Khang LLP, The Law Offices of Vincent Wong, and Lund Law PC have all announced class action suits against DRYS for misleading statements and other misrepresentations. However, they all need you to carry out the justice that should have been carried out before. With that said, if you’ve been taken advantage of by DRYS as so many have, I strongly suggest clicking on the links above and becoming part of these cases against the company. If all goes well, this will lead to money finally being funneled out of the slime bag, George Economou’s pockets and back into the investors’ pockets!

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on DRYS. In particular, we’re interested in following the various class action suits and seeing if they cause Economou to pump the brakes on his unethical business practices. While we don’t believe this will be the case, at least investors now have the opportunity to fight to get back at least some of what was lost! Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Sears Holdings Corp SHLD Stock News

Sears Holdings Corp (NASDAQ: SHLD) is having an incredibly strong day in the market today, and for good reason. Early this morning, the company announced a key agreement with Amazon.com, Inc. (NASDAQ: AMZN). While the terms of the agreement were not disclosed, it did indeed cause excitement among investors, leading to gains and prompting our partners at Trade Ideas to alert us to the movement. At the moment (10:03), SHLD is trading at $10.41 per share after a gain of $1.73 per share (19.93%) thus far today.





SHLD Gains Big On Deal With AMZN

As mentioned above, Sears Holdings is having an incredibly strong day in the market today after announcing an agreement with Amazon. Under the terms of the agreement, the full line of Kenmore Smart Appliances will be integrated with Amazon Alexa. The deal will help to expand the distribution of Kenmore outside of SHLD branded stores and related online platforms.




According to a press release offered early this morning, Kenmore Smart connected room air conditioners have already been integrated with Alexa and are now available on Amazon.com. While only the room air conditioners are available at the moment, the deal will soon expand to the entire line of Kenmore home appliances in all U.S. Market segments. In a statement, Edward S. Lampert, Chairman and CEO at SHLD, had the following to offer:

We continuously look for opportunities to enhance the reach of our iconic brands to more customers and create additional value from our assets… The launch of Kenmore products on Amazon.com will significantly expand the distribution and availability of the Kenmore brand in the U.S. At the same time, Sears Home Services and our Innovel Solutions unit will benefit from the relationship as more customers experience their quality services for Kenmore products purchased on Amazon.com.”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on SHLD. In particular, we’ll be watching to see how the relationship with Amazon works out, specifically with regard to sales of the Kenmore branded products. Nonetheless, we’ll continue to follow the story and bring it to you as it breaks!

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Chipotle Mexican Grill CMG Stock News

Chipotle Mexican Grill, Inc. (NYSE: CMG) is having a rough time in the pre-market hours this morning, and for good reason. By now, most of us know that one of the company’s restaurants was shut down yesterday due to severe illnesses being reported in customers after they ate there. While some are touting this as a reason to stay away from the stock, others are calling it a buying opportunity. So, which is the case here? Before we get into it, we’d like to give a special thanks to our partners at Trade Ideas for being the first to alert us to the movement on the stock. At the moment (9:00), CMG is trading at $371.18 per share after a loss of $3.80 per share (1.01%) thus far today.





For Those Of You Who Didn’t See The CMG News

As mentioned above, yesterday proved to be a rough day for Chipotle Mexican Grill. That’s because multiple instances of vomiting, diarrhea, severe stomach pain, dehydration, and nausea were reported after consumers ate at a CMG restaurant in Virginia.




According to the most recent reports, there have been a total of 8 reports made that indicate that at least 13 people have fallen ill after eating at the restaurant on Friday and Saturday. The symptoms of the illness were those expected of consumers who contract norovirus. Nonetheless, Jim Marden, Executive Director of Food Safety at CMG, says that it is safe to eat at their restaurants. Here’s what he had to say:

We are working with health authorities to understand what the cause may be and to resolve the situation as quickly as possible… The reported symptoms are consistent with norovirus. Norovirus does not come from our food supply, and it is safe to eat at Chipotle.”

Is This A Buying Opportunity?

There’s no doubt that there is a good reason that some are calling this a buying opportunity. After yesterday’s declines, followed by more today, if you wanted to get in on the investment, you’d be getting in at a discount. However, is that really a smart idea? Here’s the argument:

  • Those Who Are For CMG – Those who say that now is a good time to invest in Chipotle Mexican Grill point to the fact that this is an isolated event, so far, and that it will likely be cleared up relatively soon. Therefore, getting in now gives investors a discounted opportunity to get in on future gains.
  • Those Against The Buy – While some believe this is a great buying opportunity, others believe that if you buy now, you’re going to lose. Their argument is simple. It’s possible that the norovirus did indeed come from the CMG food supply. If this is the case, we will see more reports in the days, weeks, and months to come; ultimately dragging the stock further into losses.

So, when answering the buying opportunity question, the best way to answer is that it depends on your tolerance for risk. Are you willing to risk your working capital, knowing that it’s possible that this proves not to be an isolated event? If so, you may be in the running for big gains ahead.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on CMG. In particular, we’re interested in following the news to see if this is indeed an isolated event that will be handled quickly, or if this will soon expand to other restaurants, proving to be a systemic issue. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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DryShips Inc. DRYS Stock News

DryShips Inc. (NASDAQ: DRYS) is having an incredibly rough time in the pre-market hours today, and for good reason. In true DRYS fashion, the company announced yet another reverse stock split, causing fear among investors and driving the price of the stock dramatically down. Of course, our partners at Trade Ideas were the first to alert us to the losses. At the moment (8:38), DRYS is trading at $0.57 per share after a loss of $0.26 per share (31.57%) thus far today.





DRYS Announces Reverse Stock Split

As mentioned above, DryShips is off to an incredibly rough start in the pre-market hours this morning after the company announced yet another reverse stock split. The split will be a 1-for-7 split, meaning that for every 7 shares of the company you own now, you will soon own 1 share with 7 times the value.

The reverse split will take effect starting on July 21st, 2017. When this happens, the amount of shares issued and outstanding will fall dramatically. Currently, there are a total of 36,296,095 shares. However, this figure will be reduced to total shares amounting to about 5.2 million.




You Can’t Say I Didn’t Tell You So

The truth of the matter is that I’ve written about DRYS quite often over the past year or so, and for one simple reason. That reason has been to warn investors of the toxic management, toxic financing, and overall toxic situation over at DRYS.

Unfortunately, George Economou has created an interesting system that opens the pathway for his hand to reach deeper and deeper into the pockets of investors. Today’s news is simply another example of what he has done as the CEO of the company.

Another Warning

Finally, I’d like to offer another warning. At the end of the day, this wasn’t the first stupid move that DRYS has made, and it won’t likely be the last. In fact, following the reverse split, chances are that we will see more toxic financing, and I wouldn’t be surprised to see the name Kalani Investments involved in the process. The bottom line here is that you work hard for your money; stop giving it to a company whose shares have fallen 99.9% in just a few simple months. You don’t deserve the losses that DryShips management seems to be shoving down your throat!

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on DRYS. In particular, we’re interested in following the company’s toxic business practices and doing everything we can to warn investors before they get involved in this losing battle. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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Chipotle Mexican Grill CMG Stock News

Chipotle Mexican Grill, Inc. (NYSE: CMG) is having an incredibly rough day in the market today, as it seems like we’re heading for a blast from the past. Yes… that’s right… they are making people sick again! Of course, this led to declines in the value of the stock, prompting our partners at Trade Ideas to alert us to the movement. At the moment (10:55), CMG is trading at $374.53 per share after a loss of $17.47 per share (4.46%) thus far today.





CMG Makes Consumers Sick Again

As mentioned above, reports are breaking that are leading to some serious declines for Chipotle Mexican Grill. The reports are that a restaurant is making people sick in Virginia, a startling reminder of the last time multiple stores led to horrible illnesses for its customers. Nonetheless, CMG did issue a statement. Here’s what they had to offer:




We are aware of a small number of reported illnesses isolated to a single restaurant in Sterling, Virginia on Tripleseven Road, and have notified local health department officials. We are working with health authorities to understand what the cause may be and to resolve the situation as quickly as possible. The reported symptoms are consistent with norovirus. Norovirus does not come from our food supply, and it is safe to eat at Chipotle. We plan to reopen the restaurant today.”

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will be keeping a close eye on CMG. In particular, we’re interested in following the story surrounding the Virginia restaurant and interested to see if this issue spreads, as it did last time. Nonetheless, we’ll continue to follow the story and bring the news to you as it breaks!

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Netflix, Inc. NFLX Stock News

Netflix, Inc. (NASDAQ: NFLX) is off to an incredibly strong day in the market today, and for good reason. The company reported its earnings after the closing bell yesterday, beating expectations in various categories and exciting investors. Of course, this excitement led to gains, prompting our partners at Trade Ideas to alert us to the movement. At the moment (8:14), NFLX is trading at $176.20 per share after a gain of $14.50 per share (8.97%) thus far today.





NFLX Reports Second Quarter Earnings

As mentioned above, Netflix is off to an incredible start in the market this morning, and for good reason. The company reported results from the second quarter, and while earnings per share slightly missed the mark, revenue and subscriber growth definitely picked up the slack. Here’s what we saw from the earnings report:




  • Earnings Per Share – In terms of earnings per share, NFLX slightly missed the mark. During the quarter, analysts were expecting that the company would report earnings in the amount of $0.16 per share. However, the company actually reported earnings in the amount of $0.15 per share, falling a penny behind expectations.
  • Revenue – While earnings slightly missed the mark, that wasn’t the case when it comes to revenue. During the quarter, analysts expected that NFLX would generate revenue in the amount of $2.76 billion. However, the company reported total revenue in the amount of $2.78 billion.
  • The Big Story – Sure, financial data came in slightly below or slightly above expectations. So, what’s the big story? Well, the big story here is subscriber growth. During the second quarter, Netflix said it added a total of 5.2 million streaming subscribers. That figure absolutely blew Wall Street expectations away. In fact, Wall Street was expecting subscriber growth to come in at 3.2 million for the quarter. In the third quarter, NFLX expects to bring in 4.4 million new subscribers. This is also well ahead of analyst estimates of 3.99 million.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on NFLX. In particular, we’re interested in following the growth in subscribers that the company has been able to amass. Nonetheless, we’ll continue to follow the story and bring the news to you as it breaks!

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Thought Leader Discussions

Gevo, Inc. GEVO Stock News

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Gevo, Inc. (NASDAQ: GEVO) Before we get into this interview, I'd like to extend a special thanks to my friend Joey who both set up the...