SLS chart analysis and DD

[up2nogd420]

SLS

Is anyone still in this?

I haven't sold a share yet. Volume has been interesting these past few days. Yesterday around 2:00pm the pps fell sharply to $.82 on very low volume. Then a huge buy came in and scooped up all those cheap shares in a matter of seconds. On the 1-minute chart it shows over 90,000 shares were traded in that minute. This was the single largest volume spike in that past 20 days that I can see from the charts. I checked out the time/sales stats and it shows a single buy order went thru yesterday for about 40,000 shares. That’s over a $30,000 sale. I've been watching almost every buy/sell tick go buy since I got in 2 weeks ago. Most are not more than 5000 shares at a time; the majority I see are maybe only 100-500 shares at a time. That single buy yesterday was roughly around 40,000. I only bought 550 shares. Another thing I noticed on the time/sales stats was that over 125,000 shares were traded after-hours. Is that correct? I thought there’s no AH trading for this stock. SLS is not very exciting to watch and the volume is usually minimal. But the past few days there has been some abnormal activity. I was wondering if anyone could provide some insight.

Here is some TA and some DD I dug up for anyone interested…

If you look at the 3-month chart you can see a major sell-off that lasted nearly 2 months. Then in late April it clearly hits bottom and is now well on its way with the reversal.

Now some quotes from recent PR’s.

On April 3rd it was announced…

“Fourth Quarter 2005 Revenues Increased 109% Year-Over-Year; 2005 Full Year Revenues Increased 97 % from 2004”

Then on May 3rd….

“SLS International Launches Q-Line Gold System in Best Buy Stores Throughout U.S.”

“The timing of the Q Line Gold System product offering in Best Buy stores coincides with its product debut on the series finale of “The Apprentice,” the popular reality show which stars Donald Trump and is produced by Mark Burnett Productions in association with Trump Productions LLC. The series finale is scheduled to air on June 5th.”


Also, there has also been some insider-buying going on. Four separate filings in the past 2 weeks (Form 4’s).

Originally I was only in this one to make a quick buck off the bounce from the bottom. I believe Boo or TCG had mentioned this might be a good play bottom play awhile back and it caught my attention. I didn’t know if SLS grew corn or built airplanes. I jumped in solely based on chart analysis. Things got off to a good start but this one is very boring. So I began to read up on SLS and found what looks to be some great news for the company and its shareholders. I’m thinking I will ride it out till June when the season finale airs and then sell into the news. However, I will probably consider taking profits if it falls below $.80. But with all this recent activity, I think it will continue its uptrend thru early June at least.

What’s everyone else’s take on this recent action and things to come?

[Mad Girl Investor]

Im still in. You viewpoint is the same as mine, May is a big month for them...Thier products, audio speakers, are to be a part of the season finale of The Apprentice late May..that with some PR about the sales from Best Buy should push it up.

The bid-ask is spread too much, no one wants to sell,,,everyone know a run is near.

[cnelson]

I'm still in as well.... I think we could see well over a $1.00 if the Apprentice hype is significant. Lets plan to meet back here in a few weeks and discuss!

[Robmeister]

Me too! I was tempted to sell in the .90's, but I think there's more room to grow (I hope!)

I'm still in CBAY as well.

Hopefully they'll both take off soon & make us some $$$ :p

[Leb]

im not in this stock but i noticed you guys talking about Apprentice... since ive seen every episode of that show since season 1, i can tell you that this season is definitely one of the weakest ones... the reasons being

1) Martha Stewarts Apprentice was such a disaster that it tarnished the reputation of Trumps Apprentice (this was even admitted by trump himself)

2)this season's contestants are horrible.. they are definitely not some of the brightest in the country,, not a single one of them is anything special

3)the tasks in the show are getting extremely lame... some have absolutely NOTHING to do with business skills.. (for example last week the contestants had to set up a hair salon!! 8O wtf is that)

im just trying to give u guys a heads-up that this seasons finale wont be as huge as some of you would like it to be for the sake of sls

[Mad Girl Investor]

gee thanks Leb

[cnelson]

I actually think the success or ratings of the show will not have much impact on the stocks potential to rise. Its not like I anticipate Apprentice viewers to buy the stock the day after the broadcast. Rather, if SLS's communications department is competent, they should be able to flood the market with press releases which I think is more likely to catalyze a little bump. I'm actually wondering if selling right before the show airs may be the best way to play this? We'll see where the price is residing when we get there.

[up2nogd420]

Personally I’ve never watched the show, looks kinda lame if ya ask me. I was never expecting the finale to be “huge”. All I know is SLS’s product will be featured in some way on the show. This could hopefully draw some national exposure and maybe increase the share price in the process. I’m anticipating a run-up prior to the airing of the finale. A PR regarding BestBuy sales and/or possible reorders of the Q-Line Gold system would definitely give SLS a boost.

[up2nogd420]

PR and 10-Q filed after the bell today…



Monday May 15, 5:14 pm ET
SLS International Reports First Quarter Results; Quarter-end Order Backlog Exceeding $2 Million Is Highest in Company's History; Best Buy Places Additional $1.6 Million in Orders

SLS International (Amex: SLS - News), a leading provider of premium quality sound systems for professional (recording studio, concert, etc.), cinema and home entertainment markets, today announced results for its 2006 first quarter ended March 31, 2006. The Company reported revenue of $970,497, an increase of 17.7% compared to $824,720 for the same period in 2005 due to increased demand for the Company's Cinema product series.

The Company reported a net loss from operations of $(3.1) million, compared to a net loss from operations of $(2.7) million in the year-earlier period. The increase in the net loss was a result of higher general and administrative resulting primarily from increased personnel and infrastructure in anticipation of the launch of the Q Line Gold Home Theater System in over 600 Best Buy stores this Spring. The 2006 net loss included a loss of $325,464 associated with the sale of the Company's corporate headquarters. SLS had a net loss available to common stockholders of $(3.4) million, or $(0.07) per share, compared to a net loss of $(4.9) million, or $(0.12) per share in the first quarter of 2005. The 2005 results included a charge of $3.2 million for a dividend associated with the beneficial conversion of preferred stock.

Other income (expense) decreased to net other expense of $322,293 in the 2006 first quarter as compared to net other income of $947,667 in the 2005 first quarter, primarily due to the loss on the sale of the Company's headquarters building in Ozark, Missouri, in the first quarter of 2006 and an $899,928 gain on the valuation of the D warrants in the first quarter of 2005.

On March 31, 2006, the Company had a backlog of orders of approximately $2.05 million, which included a $1.6 million order for the Q-Line Gold system from Best Buy and $450,000 in orders for its professional products. SLS had a backlog of orders of $150,000 as of March 31, 2005. The backlog at March 31, 2006, does not include $1.6 million in additional consignment orders from Best Buy.

"We made significant progress during the first quarter, positioning the Company for the launch of the Q-Line Gold Home Theater System as we continued to build product inventory and recognition to support the anticipated customer demand," said John Gott, SLS International's Chairman and Chief Executive Officer. "I am pleased to report that the Q-Line Gold System is now in 618 Best Buy stores throughout the country. While the initial response has been encouraging, we believe the product's appearance on the series finale of 'The Apprentice,' the popular reality show that stars Donald Trump and is produced by Mark Burnett Productions in association with Trump Productions LLC, will drive substantial interest and brand awareness. The series finale is scheduled to air on June 5. We have also been preparing for the launch of our newly developed ribbon driver noise-canceling headphones. In addition, sales of our Cinema Series loudspeaker systems have increased more than five-fold this year, as movie theaters increasingly recognize that our ribbon-driver technology provides a superior listening experience to digital surround sound, which represented the state-of-the-art technology for years. As retail consumers increasingly recognize the quality of our cutting-edge sound systems, like the commercial and professional markets have done for years, we believe it will fuel strong growth and demand for our innovative products."

[ooskylineoo]

ya right se ya at $0.50

[Mad Girl Investor]

Uh, ya sure about that, school boy?

SLS International Enters into $5 Million Receivables Financing Agreement
PR Newswire - May 16, 2006 07:13
Financing Expected to Support Rollout of Q Line Gold System Throughout Best Buy Stores and aid in Sales Efforts for its Commercial Products


SPRINGFIELD, Mo., May 16, 2006 /PRNewswire-FirstCall via COMTEX/ -- SLS International (Amex: SLS), a leading provider of premium quality sound systems for professional (recording studio, concert, etc.), cinema and home entertainment markets, announced today that it has signed an agreement to finance up to $5 million of accounts receivables. Under an arrangement with Prestige Capital Corporation, a finance company based in New Jersey, the Company is expected to use the financing to support the rollout of the Q-Line Gold System throughout Best Buy stores across the country.

"We are pleased that we were able to secure this financing which will allow us to accelerate shipments of the Q-Line Gold System to Best Buy," said John Gott, SLS International's Chairman and Chief Executive Officer. "With the product's upcoming appearance on the series finale of 'The Apprentice, this arrangement will allow us to produce the inventory necessary to meet the anticipated demand. We will also be able to use this facility to factor our commercial receivables allowing us to accelerate our cash flow and possibly aid in sales by extending additional credit terms to these customers."

Under the agreement, the Company can assign domestic accounts receivable from any of its qualified customers to Prestige. Prestige will then advance up to 75% of the outstanding amount of each invoice, subject to a maximum outstanding balance of $5 million. Upon collecting the receivable Prestige will retain a fee equal to 3-6%, depending upon the age of the receivable from 30 to 90 days and then remit the balance of the entire invoice to the Company. The Company granted Prestige a security interest in all of its accounts receivables and inventory equal to the revolving outstanding balance of the amounts factored.

About SLS:

[up2nogd420]

I've had enough of this one, I couldn't stand to watch it another day. I thought for sure the news would have given it the boost it needed. Something doesn't smell right. 7 consecutive days in the red now. Whats it gonna take to get this thing moving?!? Good luck to anyone still holding.

[soundlanguage]

ya right se ya at $0.50
http://www.marketwatch.com/tools/quotes/intchart.asp?symb=SLS&siteid=mktw&time=7&freq=1&comp=&compidx=aaaaa%7E0&compind=&uf=0&ma=&maval=&lf=1&lf2=&lf3=&type=2&size=1&txtstyle=&style=&submitted=true&intflavor=basic&origurl=%2Ftools%2Fquotes%2Fintchart.asp

Chart for the last 6 months... don't see any consistant half dollars in there, you wet blanket. Seems like the only posts you do are dumping on people, wishing for the worst or chiding them about downturns/losses, never anything good natured. Go away, gnat.

*swat*

[Mad Girl Investor]

SLS has been on a slow rise up. It may take another run at breaking $1. Besides, I had a dream about it last night...thats usually the definitive indicator its time to buy :)..........take it for what its worth... lol

[soundlanguage]

Madgirl ... you dream about stocks??? God girl, you got it baadddd lol
Hope you're right about this little one, its on my watch list & i'll make a move when my cash is freed up.

Hey whatever works for ya! btw when do we get to see your screaming girl avatar back? all those cootie cutter/bland buxom babes everyones choosing are uninspiring ... are they conspiring to intentionally drive Thierry crazy? (i dont know anything about it, i'm out of the loop!)

*Enjoy your holiday*

[Mad Girl Investor]

The screaming girl has been retired...due to my silent protest.

[TheChartGuru]

SLS is heading to $1.20

Triple MA crossover. MA(10,20,and30)

Formed a higher bottom

The Guru has spoken

[ooskylineoo]

SLS is heading to $1.20

Triple MA crossover. MA(10,20,and30)

Formed a higher bottom

The Guru has spoken

more like back to 50 cents

[aiki14]

more like back to 50 cents

Any ideas as to why you say this will drop? I have been following this since it was mentioned here and haven't been able to convince myself to pull the trigger so I'm not pumping it, but you have twice made this statement. Is it based on an idea or are you just a sourpuss looking to spread your misery? My guess is the latter, and if you ever had an idea, it died of loneliness.

[Mad Girl Investor]

Any ideas as to why you say this will drop? I have been following this since it was mentioned here and haven't been able to convince myself to pull the trigger so I'm not pumping it, but you have twice made this statement. Is it based on an idea or are you just a sourpuss looking to spread your misery? My guess is the latter, and if you ever had an idea, it died of loneliness.
Haaaaaaaaaaaaaaaaaaaaaaaaaahaaaaaaaaaaaaaaahaaaaaa aaaaaaaa!

[ooskylineoo]

check the date of my posts and check price history
sorry i was off by 2 cents when it hit 52 cents

[aiki14]

check the date of my posts and check price history
sorry i was off by 2 cents when it hit 52 cents

Actually the first time you specifically mentioned SLS was 25 apr when it had a low of .56 (off the low of 21 apr of .52). Its low close for the YTD is .62. Even with todays hit if someone bought it when you said it would hit .5 they would be UP more than 40%. And if they'd sold at the high since your statement UP 99%.
Reading your posts it is clear you have nothing to add to the discourse and I hope you put your money where your mouth is and shorted SLS at .56. But folks like you never put there money where their mouth is, they just slither in and spit venom and then it's back under the rock.
Later for you, Shemp.

[ooskylineoo]

Actually the first time you specifically mentioned SLS was 25 apr when it had a low of .56 (off the low of 21 apr of .52). Its low close for the YTD is .62. Even with todays hit if someone bought it when you said it would hit .5 they would be UP more than 40%. And if they'd sold at the high since your statement UP 99%.
Reading your posts it is clear you have nothing to add to the discourse and I hope you put your money where your mouth is and shorted SLS at .56. But folks like you never put there money where their mouth is, they just slither in and spit venom and then it's back under the rock.
Later for you, Shemp.
no more like april 16th trading in the 80-70 cent range
before it made new 52 week lows, again

[ooskylineoo]

also bashed SLS on march 25th as well when trading above 1.00

[aiki14]

also bashed SLS on march 25th as well when trading above 1.00

So, what your saying is, you made these espousals of punditry a little less than a month BEFORE you joined this forum!! Of course we knew you were a troll, no doubt previously banned (I have always suspected you are SWFlookingforequallyhopelessM ).
Now put your hockey helmet and drool bib on, get on the small bus, and head back to your village.
You are testament to why we tell our children not to eat paint chips.

Anybody think I'm out of line here? (you don't need to answer ooskylineoo, this question is for the adults)

[cubfaninmo]

Sorry to see you've had to deal w/goofs here. Sounds real similar to a few over on the YAHOO board for SLS.

My take on this company is that it is purely a speculative play that has a ton of potential!

Only $4M/year in revenue in 05.
Will have equal that in Q2 alone!
On Apprentice finale Monday.
New products in the pipeline.
Sales growth in their theater/professional and commercial lines is strong.
Possible announcement of a partnership w/another big box retailer.
Will spokesperson Quincy Jones do any interviews/PR around the Best Buy launch of the QGold?
Any additional exposure will bring in new investors to stimulate sales and if any institutions start to accumulate shares, who knows?!

[cnelson]

For what its worth, I watched part one of the season finale to see what the SLS exposure was. They got just a couple of mentions, and no details at all about what the company does, etc etc. SLS is not the primary sponsor of either event, but a secondary sponsor. I would assule they'll get more air time next week, but since Pontiac is the primary sponsor of the SLS event they might not see much air. There were also no SLS/Best Buy commercials during the breaks, which was a bit disappointing. Not sure if they'll really see that much of a buzz from this Apprentice deal, but it may be too early to tell.

[cubfaninmo]

SLS in BB Sunday Ad. Here's a link to the online ad. Apprentic finale tomorrow.

http://www.bestbuy.com/site/olspage.jsp?id=pcmcat93000050028&type=category

[ooskylineoo]

Any ideas as to why you say this will drop? I have been following this since it was mentioned here and haven't been able to convince myself to pull the trigger so I'm not pumping it, but you have twice made this statement. Is it based on an idea or are you just a sourpuss looking to spread your misery? My guess is the latter, and if you ever had an idea, it died of loneliness.
you wanna eat your words now or when it actually hits 50 cents

[aiki14]

you wanna eat your words now or when it actually hits 50 cents

If you can read you'll note that I never made any predictions as to the stock price, only references to your venomous comments. I guess my comments that were directed at you, were aimed above your ability to understand. Anything I could say at this point that would continue to make my case (again against your statements and not relating to any opinions I might have regarding the stock) would have to be put in a form you would comprehend and would therefore be reduced to the level of vulgarity. I will not be drawn into that. I will let my previous comments stand and hope that someday you gain the ability to understand them.

[ooskylineoo]

If you can read you'll note that I never made any predictions as to the stock price, only references to your venomous comments. I guess my comments that were directed at you, were aimed above your ability to understand. Anything I could say at this point that would continue to make my case (again against your statements and not relating to any opinions I might have regarding the stock) would have to be put in a form you would comprehend and would therefore be reduced to the level of vulgarity. I will not be drawn into that. I will let my previous comments stand and hope that someday you gain the ability to understand them.

actually it was pretty clear you wanted to go long

i apologize if im incorrect , but a while back a couple of you from this board were making fun of me because of some of my statements " especially mad girl investor" or whtever her sn is ridiculing me for being a student. and alot of you bandwagoned and did the same. do you know how ridiculously stupid that sounds? only in america is it "cool" to be stupid and go to school huh?
well my studies have paid off cause im out there making money in the market

ive made alot of bold statements as to stock prices and for the most part i have been correct

honestly the only reason i stick around is because i use this site as a proxy for dumb money and see what it is doing. so i can do the opposite. when dumb money goes long i go short. when dumb money goes short its time to go long( noticed all the short posts lately?)

[Pierre]

actually it was pretty clear you wanted to go long

i apologize if im incorrect , but a while back a couple of you from this board were making fun of me because of some of my statements " especially mad girl investor" or whtever her sn is ridiculing me for being a student. and alot of you bandwagoned and did the same. do you know how ridiculously stupid that sounds? only in america is it "cool" to be stupid and go to school huh?
well my studies have paid off cause im out there making money in the market

ive made alot of bold statements as to stock prices and for the most part i have been correct

honestly the only reason i stick around is because i use this site as a proxy for dumb money and see what it is doing. so i can do the opposite. when dumb money goes long i go short. when dumb money goes short its time to go long( noticed all the short posts lately?)

Well then... I guess that makes you the " smart money "...

[ooskylineoo]

Well then... I guess that makes you the " smart money "...
no im small money that wants to side with smart money

[Pierre]

no im small money that wants to side with smart money

So then you're " small money "...

Well...just what I thought...

You know what, I just thought of a lot of rhetorical b.s. that I wanted to spew and then I caught myself... I just don't care...

Good luck Sky!

[ooskylineoo]

So then you're " small money "...

Well...just what I thought...

You know what, I just thought of a lot of rhetorical b.s. that I wanted to spew and then I caught myself... I just don't care...

Good luck Sky!
i dont think anyone on this board trades with more than 50 mil
so i humble myself to consider myself small

and its not luck you need to be successful
successful traders would all agree that information and knowledge is what their edge is

[Pierre]

i dont think anyone on this board trades with more than 50 mil
so i humble myself to consider myself small

and its not luck you need to be successful
successful traders would all agree that information and knowledge is what their edge is

Hey " Lucky "... where's that big rally you were calling for today...
I guess with today's action, the dumb money was the smart money, or, the small money was the smart money... no wait, I think it was the dumb money being the small and smart... wait...Ahhh I could care less...

Dude...just playing with ya... actually I think your call was right, just a day early... I think monday looks good...
Could'nt trade today, I was busy w/ grand kids, but look, apparently we have gotten off on the wrong foot, let's be civil... we're all in the same boat eh...

Don't forget CPI next week...

Take care & Good Luck Sky