Today on Stockhouse
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Peter Kennedy reports on why graphite is suddenly sexy in his Stockhouse Movers & Shakers column.
This as TickerTrax’s Danny Deadlock provides an updated junior golds' valuation table.
Top Bullboards post: “How could we as shareholders (or GBK as mgmt) quantify what an acceptable offer would be in the absence of an updated 43-101 resource calc on JCML/CRI (prefeasibility from 2007 lacks 2008, 2009, and 2010 exploration seasons) also missing is GBK's 2010 season (i.e. major resource expansion on 50% lands), and in the absence of an updated CRI feasibility study that was an agreed part of the JCML shareholder agreement? Further, why would we accept a discounted offer geared at a diluted rate of 4.21% when we all know we should have a 25% carried interest per the shareholder agreement and arbitration panel? And why now, in the 11th hour, knowing that Appellate Justice Punnet has been reviewing the volumes of oppression and breach for over a month? I would think that there would be no advantage in tendering at this time given the renewed bid, and knowing that the BC Supreme Court rulings, orders and awards are upon us. It seems we as GBK shareholders are firmly in the driver's seat going forward.” From ColonelPike on the Goldbrook Ventures (TSX: V.GBK, Stock Forum) board.
Top Bullboard: CardioComm Solutions (TSX: V.EKG, Stock Forum) gathered the second-most posts.
Top blog:balraj_rakhra presents an article that asserts this molybdenum junior has a bright future in the Investment Ideas blog.
For news about small stocks that made big moves Friday’s trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.
Word on Wall Street
"Overall, we're moving in the right direction and it's bolstered the market," said Frank Fantozzi, CEO of Planned Financial Services, in an interview with Associated Press. "The S&P getting over 1,300 this week is a nice sign.”
| Selected expected U.S. earnings releases for Monday |
| (Consensus Estimates vs. Last Year) |
|
| Crane Company (NYSE: CR) |
Q4 |
$0.90 vs. $0.68 |
|
| Halliburton Company (NYSE: HAL) |
Q4 |
$0.99 vs. $0.68 |
|
| Park National (AMEX: PRK) |
Q4 |
$0.92 vs. $0.73 |
|
| PetMed Express (NASDAQ: PETS) |
Q3 |
$0.16 vs. $0.20 |
|
| Texas Instruments (NASDAQ: TXN) |
Q4 |
$0.39 vs. $0.78 |
|
| Vmware, Inc. (NYSE: VMW) |
Q4 |
$0.60 vs. $0.46 |
|
Today In The Markets
Bank stocks send TSX higher as commodity prices fall, GE, Google disappoint
|
| DJIA |
12,720.48 |
+96.50 |
 |
|
| NASDAQ |
2,786.70 |
-1.63 |
 |
|
| S&P500 |
1,315.38 |
+0.88 |
|
|
| S&P/TSX |
12,397.10 |
+16.41 |
|
|
| S&P/TSX Venture |
1,571.34 |
+17.14 |
|
|
TORONTO-NEW YORK (The Canadian Press) - The Toronto stock market closed slightly higher amid lower commodity prices and a mixed run of earnings news from the United States.
The S&P/TSX composite index gained 16.41 points to 12,397.1 as the market balanced lower energy and mining stocks with higher gold and financials, while the TSX Venture Exchange gained 17.13 points to 1,571.34.
U.S. markets were mainly higher with the Dow industrials ahead 96.5 points to 12,720.48. The Nasdaq was down 1.63 points to 2,786.7 and the S&P 500 index added 0.88 of a point to 1,315.38.
Please click here for the complete U.S. and Canadian market summaries.
After-Hours News
Skystar Bio-Pharmaceutical Co. (NASDAQ: SKBI, Stock Forum)
Skystar Bio-Pharmaceutical Co., a China-based manufacturer and distributor of veterinary medicines, vaccines, micro-organisms and feed additives, announced that it has been notified by the Nasdaq Listing Qualifications staff that its request for an oral hearing to appeal the staff's delisting determination has been granted and the staff set a hearing date for such oral hearing before the Panel, at which hearing Skystar will present to the Panel its plan and timeline to regain compliance with Nasdaq listing standards. Accordingly, the staff's delisting action has been stayed, pending a final written decision by the Nasdaq Hearings Panel. The hearing will be held on Thursday, March 1, 2012.
Petro One Energy Corp. (TSX: V.POP, Stock Forum)
Petro One Energy Corp. announced that it has engaged Aberdeen Gould Capital Markets Ltd., an Exempt Market Dealer, for a non-brokered private placement of units at the price of $0.60 per Unit to raise gross proceeds of up to $1,000,000. Each Unit will be comprised of one common share and one-half of a share purchase warrant. Each full warrant will entitle the holder to purchase one additional common share at the price of $0.80 for a period of two years after Closing, subject to acceleration at the Company's option if its shares close at $1.20 or higher for twenty (20) consecutive trading days at any time after four months after Closing. Aberdeen has been granted the right to increase the size of the offering.