FORM Holdings Corp. (FH.O) for Monday 8/8/2016

UPDATED 8/8/2016: The Q2’2016 Earnings Report is in with additional report of an acquisition … see additional info and comments below

FH Monday (8/8/2016) Reg Hrs close:   $2.10  +0.11 (5.53%) 

After Hours: 2.40 +0.30 (14.29%)  (AH Volume 4500 shares)    Aug 8, 5:00PM EDT

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  First, this blog is for self-motivated individuals doing their own homework, after all, it is YOUR MONEY,  … below you will find select information for speculative (less than $5 per share, and/or less than $100 Million Market Cap) stock  FORM Holdings Corp. Common Stock (NASDAQ: FH.O) formerly Vringo Inc. (VRNG) as of Friday, 8/5/2016, including daily, weekly, and monthly (d-w-m) charts, with observations, analysis, and sometimes my humble opinion (IMHO) on those observations and analyses, along with the Pivot Points, Support and Resistance for Monday 8/8/2016 thru Friday, 8/12/2016, to be updated as, or if, appropriate, and as calculated from the changes in prices through Friday’s (8/5/2016) close.
 I.    I did search for the potential explanations of the decline in FORM Holdings Corp. (FH.O) price per share through Friday’s (8/5/2016) close at  $1.99.  The only thing I could come up with is this missing item:
  •   Aug 4  FH to announce Q2 earnings After Market (Unconfirmed)
 IMHO, when FORM Holdings Corp. (FH.O) announced its business strategy for selling its charging stations … it was a gamble as to whether it would work, or not.  Well, the gamble  appeared to work.  However, I remember thinking at the time that there would probably be Securities and Exchange Commission (SEC ) accounting, and reporting, rules and regulations conflicting with US Internal Revenue Service (IRS)  accounting rules and regulations, along with who knows what else … that could turn a winning, profitable “business plan” into reporting headache, maybe even a reporting nightmare.   I can only account for the FORM Holdings Corp. (FH.O) pull back as related to the lack of the above expected earnings report, and/or not even a peep of an earnings report announcement.
 II.   When I started my homework, in preparation for the potential August 4th report … this is what I put in my notes:
  1.    FORM HOLDINGS CORP  (FH)  CUSIP    34634E102
  2.   $2.38 Up 0.04 (1.71 %) as of 4:00 pm ET 07/27/2016
  3. Primary Exchange   NASDAQ-NMS    Options   Yes
  4. Index: Not in  S&P 500®,  DJIA®,  NASDAQ 100®
  • 52-Week High     08/03/2015 7.40
  • 52-Week Low      02/11/2016 1.1815
  • Price Performance (Last 52 Weeks)  07/26/2016  -45.29%
  • Volume                    127,800
  • Volume (10 day Average)   346,938
  • Volume (90 day Average)   181,674
  • Market Capitalization     $35.09M
  • Shares Outstanding     14,994,000
  • Shares Short              819,389
  • Short Interest as a % of Shares Outstanding  5.46%
  • Days to Cover                4.73
  • P/E (Trailing Twelve Months)    —
  • PEG Ratio (5-Year Projected)     —
  • Ex-Dividend Date                 —
  • Dividend Pay Date               —
  • Dividend                        —
  • Dividend Yield (Annualized)     —
  •    Additional Notes: 
  • Aug 4  FH to announce Q2 earnings After Market (Unconfirmed)

 

  ======================================================
  That stated, I expect we can, and should,  contact FORM HOLDINGS CORP  (FH) Investor Relations and inquire as to when management might be announcing, and providing a quarterly report … and we have to be ready for rules and regulations that might make, not just for reporting purposes, but also for reading comprehension and understanding, that reporting a headache, maybe even that reporting a nightmare …

 Previous related blog:

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 III.   FORM Holdings Corp. (FH.O) Charts (d-w-m)

  Observation, Analysis, and Opinions (IMHO) of FORM Holdings Corp. (FH.O) (formerly Vringo, VRNG) Daily, Weekly, Monthly, (d-w-m) chart activity through Friday’s (8/5/2016) close at  $1.99.
   The current trend is down and all orders on the short side may be considered.  If already holding short positions, look to take partial profits on any retracement to 2.50.  Traders with remaining short positions, after profit taking, should consider placing capital conserving stops in the region of 2.57.  Be prepared for a potential short term price rally back to the 2.24  area.
Suggested placement of capital conserving stops:
If Long — exit all contracts at …      1.96
If Short — exit all contracts at …      2.57
  Note: … the normally bearish retracement calculations point to upside, not downside.  Even the “pull back” numbers point to upside, not downside.  These are Contrarian Bullish indications that, IMHO,  could be brought to fruition with the announcement of a quarterly report.
   —–
fh 20160805d1
  Chart #1 (above, daily, PP-SupRes)   FORM Holdings Corp. (Vringo)(FH.O)

 

  •   :: Pivot point   2.07
  •   Support (s1)  1.88       Support (s2)  1.78
  •   Resistance (r1) 2.17   Resistance (r2)  2.36
  •   Simple Moving Average (Close 50):   $2.07    (uptrend)
  •   Simple Moving Average (Close 200):  $2.205   (downtrend)
  •   52 week High         52 week Low
Additional Micron Tech (MU.O) DAILY chart info:
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are moving.
  • Intermediate term: Prices are trending.
  • By the way, prices are vulnerable to a recovery correction towards 2.13.
  • The upper projected target is: 2.23.
  • The lower projected target is: 1.75.
  • The projected closing price is: 1.99.
Note:   the above Daily price projections are calculated from previous trading activity and therefore for reference only, and can be easily exceeded, up or down,  by Mr. & Ms. Fickle Markets.  Sorry, past performance is no guarantee of future similar results.
     —–
fh 20160805w1
  Chart #2 (above, weekly, PP-Sup-Res)  FORM Holdings Corp. (Vringo)(FH.O)  Currently the Weekly Moving Average Convergence Divergence (MACD) is bullish since it is trading above its signal line.  The MACD crossed above its signal line 24 periods ago.  The MACD is not in an Overbought/Oversold range.  There have been no divergence signals within the last 5 periods.
  •   :: Pivot point   2.15
  •   Support (s1)  1.80       Support (s2)  1.61
  •   Resistance (r1) 2.34   Resistance (r2)  2.69
  •   Simple Moving Average (Close 50):   $2.755   (downtrend)
  •   Simple Moving Average (Close 200):  $18.48   (downtrend)
  •   52 week High         52 week Low
Additional Micron Tech (MU.O) DAILY chart info:
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are moving.
  • Intermediate term: Prices are trending.
  • Note: this chart shows extraordinary price action to the downside.
  • The upper projected target is: 2.98.
  • The lower projected target is: 0.84.
  • The projected closing price is: 1.91.
Note:the above Weekly price projections are calculated from previous trading activity and therefore for reference only, and can be easily exceeded, up or down,  by Mr. & Ms. Fickle Markets.  Sorry, past performance is no guarantee of future similar results.
     —–
fh 20160805m1
   Chart #3 (above, monthly, PP-Sup-Res) FORM Holdings Corp. (Vringo)  (FH.O)
Monthly  Monday 8/1/2016 to Wednesday 8/31/2016
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are moving.
  • Intermediate term: Prices are trending.
  • Note: this chart shows extraordinary price action to the downside.

-–  Monday, 8/8/2016   thru    Friday 8/12/2016  ——

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5 thoughts on “FORM Holdings Corp. (FH.O) for Monday 8/8/2016

  1. Update: the Q2’2016 earnings report is in and more …. an acquisition:

    FORM HOLDINGS TO ACQUIRE INDUSTRY-LEADING LUXURY AIRPORT SPA BUSINESS XPRESSPA
    Acquisition Further Diversifies FORM Holdings’ Portfolio and Expected to Add Over $35 Million of Shareholders’ Equity
    Transaction Supports Growth Strategy for Leading Airport Spa Company
    Conference Call Scheduled Today at 4:30 pm Eastern Time
    NEW YORK – August 8, 2016 – FORM Holdings Corp. (NASDAQ: FH), a diversified holding company focused on acquiring and developing small to mid-market companies with growth potential, today announced that it has entered into a definitive agreement to acquire 100% of XpresSpa, the industry-leading luxury airport spa business. The transaction will be funded with common and preferred equity and warrants in FORM Holdings. In addition, XpresSpa’s indebtedness will remain outstanding following the closing of the transaction. The transaction structure maintains FORM Holdings’ strong liquidity position and provides current XpresSpa equity holders an interest in the continued success of the business and FORM Holdings’ portfolio of assets.

    for the rest of the story, (downloadable PDF file)

    http://formholdings.com/

    Like

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