EMKR - Emcore Corp. (NASDAQ Stock)

[greencat]

EMKR rebounded nicly Friday moving to resistance and has set up for a possible cup pattern. Preliminary DD suggest this may have something to it and I am really beginning to like it..

BUSINESS SUMMARY
EMCORE Corporation provides compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite, and terrestrial solar power markets. The company's Fiber Optics segment offers optical components, subsystems, and systems that enable the transmission of video, voice, and data over fiber optic cables for high-speed data and telecommunications, cable television, and fiber-to-the-premises networks. EMCORE Corporation's Solar Power segment provides solar products for satellite applications, including compound semiconductor-based gallium arsenide solar cells, covered interconnect cells, and integrated solar panels; and terrestrial applications, such as concentrating photovoltaic systems (CPV) for utility scale solar applications, gallium arsenide solar cells, and CPV components for use in solar power concentrator systems. The company sells its products worldwide through direct sales force, external sales representatives, distributors, and application engineers. EMCORE Corporation was founded in 1984 and is headquartered in Albuquerque, New Mexico.


Share Statistics
Average Volume (3 month)3: 2,191,750
Average Volume (10 day)3: 1,538,290
Shares Outstanding5: 77.68M
Float: 61.08M
% Held by Insiders1: 26.89%
% Held by Institutions1: 92.00%
Shares Short (as of 12-Aug-08)3: 33.21M
Short Ratio (as of 12-Aug-08)3: 17.9
Short % of Float (as of 12-Aug-08)3: 45.10%
Shares Short (prior month)3: 34.86M


Income Statement
Revenue (ttm): 225.65M
Revenue Per Share (ttm): 3.706
Qtrly Revenue Growth (yoy): 69.90%
Gross Profit (ttm): 30.37M
EBITDA (ttm): -32.80M
Net Income Avl to Common (ttm): -57.10M
Diluted EPS (ttm): -0.94
Qtrly Earnings Growth (yoy): N/A


Balance Sheet
Total Cash (mrq): 18.18M
Total Cash Per Share (mrq): 0.234
Total Debt (mrq): 0
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 2.334
Book Value Per Share (mrq): 3.751


Cash Flow Statement
Operating Cash Flow (ttm): -37.88M
Levered Free Cash Flow (ttm): -70.26M


Major Holders Get Major Holders for:




BREAKDOWN

% of Shares Held by All Insider and 5% Owners: 27%
% of Shares Held by Institutional & Mutual Fund Owners: 92%
% of Float Held by Institutional & Mutual Fund Owners: 126%
Number of Institutions Holding Shares: 121


EMKR: Major Holders for EMCORE CORP - Yahoo! Finance


News
EMKR: Headlines for EMCORE CORP - Yahoo! Finance

[greencat]

Set-up to make a higher high. These kind of charts and plays are the bread and butter to putting cash flow into the account..

[greencat]

I found this at Motley Fool.
The Next Million-Dollar Penny Stock?

Company
Recent Price
CAPS Stars (5 Max)
Five-Year Return

Turkcell (NYSE: TKC)
$16.55
*****
478.7%

Gulfport Energy (Nasdaq: GPOR)
$13.34
*****
334.6%

Wipro (NYSE: WIT)
$11.58
****
180.4%

EMCORE (Nasdaq: EMKR)
$6.19
*
111.3%

Ceragon Networks (Nasdaq: CRNT)
$8.86
*****
101.4%

[BadThad]

Sure is a nice dip over the past week. Huge institutional holding, some 95%. Must be a pretty solid play even though it's listed as "distressed"....worth watching.

[greencat]

EMKR- I am adding to my watch list and adding an alert at 1.10. I think it will pull back to the lower bollie but it may also be ready to make a move. I would not want it to make a lower low especially since it dpesn't have a higher high..yet

EMKR

[greencat]

EMKR is all set to make a higher high..

EMKR Chart

[greencat]

EMKR makes a higher high.

Originally Posted by greencat

EMKR is all set to make a higher high..

EMKR Chart

[greencat]

EMKR getting ready to make a higher high. EMKR pulled back and made an area of support, consolidating and now making the next leg up.

[greencat]

EMKR on its way..

Originally Posted by greencat

EMKR getting ready to make a higher high. EMKR pulled back and made an area of support, consolidating and now making the next leg up.

[dr0832]

EMKR breaking out at 1.37. Volume 4x above average. No resistance until $1.75. Support 1.35, 1.30, 1.20. This is a strong buy for continuation tomorrow and then next few days,