Dow
Jones
10484.38
+64.79
7:15
am PST, September 26, 2005
NASDAQ
2126.98
+10.14
For
info, visit access.smallcapnetwork.com
S
& P 500
1220.03
+4.74
Change
your subscription status here
Russell
2000
658.80
+3.34
VOLUME
05: ISSUE 74
Feature:
Xtreme - Oversold Conditions Ripe.
Back
in July- specifically from July 6 to July 12, Xtreme doubled. The stock
closed at $.12 on July 6, and closed at $.25 a mere six days later.
The move from $.12 to $.25 might
seem like no big deal, but on a percentage basis a six day double is. If
the stock had been $12 going to $25 in six days, it would have made headlines
everywhere. Since Xtreme (OTCBB:
XTME) is a micro cap, its six day double went completely under
the radar for most. At the time, the stock was fueled by a surprisingly
strong earnings report and Growth is rapid.
XTME delivered $552,300 in the second
quarter versus $16,800 for the same quarter 2004. Risk-oriented investors
get on board this specialty boat manufacturer as 2005-2006 looks to be
an excellent growth period for shareholders. The $.14 closing price on
Friday equates to a market value in the $2.5 million range. This
share price likely won't last for long as the Rita Rebound is bound to
bring oversold stocks back to reasonable levels.
Technically,
XTME appears way oversold, so we feel strongly that the risk/reward at
current levels looks good. Accumulation is suggested for risk-oriented
investors.
Do the math. The company's current
market cap is a mere $2.5 million. While still in its formative stage,
XTME has made amazing progress in the last few months; signing dealers,
selling boats and securing a foreign reseller in Turkey for its security/patrol
watercraft.
This morning, just prior to the market
open, XTME announced another significant milestone. Their homeland security
specific boats are garnering international notice. Evidence comes from
XTME's first sale in the Far East. XTME sold one of their mission specific
fire and rescue boats to Taiwan.
XTME's line of Challenger boats aslo
appears to be doing well. We are confident new dealer signups will continue,
resulting in more boat sales--both to the recreational and Homeland Security
sectors.
While the stock has seemingly fallen
off of many investor radar screens, the stock's current price level represents
a significant opportunity both for a decent short-term trade, as well as
to begin or continue to accumulate the core of a cheap, long-term investment
position. As you can see from the circle on the chart, buyers of the extremely
oversold conditions in July were handsomely rewarded when they jumped on
during an inclining market on good news.
Today's news is as robust as it was
in July. Also, the market should begin a Rita Rebound phase today as the
recent slate of hurricanes in the Gulf of Mexico have caused more dramatic
spikes in the price of oil, sending investors to cash in anything non-energy.
Conditions are setting up for another
potential double. Act early and aggressively.
Here is this morning's news release:
Xtreme's First Responders
Announces First International Sale to Taiwan
Monday September 26,
7:13 am ET
WASHINGTON, Mo., Sept.
26 /PRNewswire-FirstCall/ -- Xtreme Companies, Inc. (OTC
Bulletin Board: XTME - News) manufacturer of mission-specific Fire-Rescue
and Patrol boats, announced its first ever international sale. The XFR.F.12
fire-rescue boat was sold by Xtreme's 'First Responders' Unit to its Taiwanese
distributor Shuanyi Industry Company LTDC, for resale to a government fire
department.
Shuanyi Industry Company
LTDC, General Manager Chun-Jen Chen stated, "Xtreme's boats are very versatile
and are perfect for many different water purposes. We are very happy to
have established our relationship with them."
Xtreme CEO Kevin Ryan
commented, "The announcement of our first international fire-rescue boat
sale continues on the heels of what already has been an exciting and record
year for us so far. Our partnership with Shuanyi Industries, now provides
us with an established channel for significant penetration into the Asian
markets. He added, "Given the current cycle of volatile coastal weather
conditions over the past few years, we believe that the need for our rescue
craft will continue to increase both domestically as well as abroad."
About Xtreme Companies,
Inc.
Xtreme Companies, Inc.,
through its wholly-owned subsidiary First Responder's, Inc., is engaged
in manufacturing and marketing of mission- specific Fire-Rescue and Patrol
boats used in emergency, surveillance and defense deployments. The boats
have been marketed and sold directly to fire and police departments, the
U.S. Military and coastal port authorities throughout the United States.
Additionally, Xtreme
is the exclusive marketer and distributor for Marine Holdings, Inc. (MHI)
d/b/a Challenger Offshore which manufactures semi-custom fiberglass boats
of 19' to 97' in length, which include leisure, performance, fishing and
motor yachts. MHI is best known for their products that compete directly
with the industry's largest boat producers. Internationally known race
driver and designer Don Aronow, credited as being the architect of the
performance boat industry, designed and created some of the hull technologies
today used by Challenger Offshore. Mr. Aronow has also been credited with
creating companies such as Cigarette, Donzi, Formula, Apache and Magnum.
Xtreme holds an option
to purchase 100% of the outstanding shares of MHI by March 2006. For more
information you may visit please visit http://www.xtremecos.com
and http://www.challengeroffshore.com.
Xtreme's public financial information and filings can be viewed at http://www.sec.gov.
Forward Looking Statements
This release contains
forward-looking statements, including, without limitation, statements concerning
our business and possible or assumed future results of operations. Our
actual results could differ materially from those anticipated in the forward-looking
statements for many reasons including: our ability to continue as a going
concern, adverse economic changes affecting markets we serve; competition
in our markets and industry segments; our timing and the profitability
of entering new markets; greater than expected costs, customer acceptance
of our products or difficulties related to our integration of the businesses
we may acquire; and other risks and uncertainties as may be detailed from
time to time in our public announcements and SEC filings. Although we believe
the expectations reflected in the forward-looking statements are reasonable,
they relate only to events as of the date on which the statements are made,
and our future results, levels of activity, performance or achievements
may not meet these expectations. We do not intend to update any of the
forward-looking statements after the date of this document to conform these
statements to actual results or to changes in our expectations, except
as required by law.
Contact: Michael Novielli
Chairman, Xtreme Companies,
Inc.
ph (845)575-6770
mnovielli@xtremecos.com
Source: Xtreme Companies,
Inc.
We
Value Your Feedback
Got comments, questions or suggestions?
Send 'em on over: Editor@smallcapnetwork.com
If you wish to send a written request
or inquiry, please send it to our physical address:
TGR Group, LLC
3525 Del Mar Heights Rd #334
San Diego, CA 92130
Subscribe
Information is power and timely information is profitable. Become informed and profit from SmallCapDigest Profiles and Trading Alerts by becoming a Preferred Member today. There is no cost associated with your email subscription. Add your email address below and make sure to check your email inbox and confirm your opt-in request to start receiving the SmallCapDigest Email Newsletter on a regular basis.
To ensure newsletter delivery, you can add any additional email addresses you may have to the SmallCapDigest Member List. Receiving the SmallCapDigest Newsletter in multiple locations is the best way of making sure you don't miss the next investing or trading opportunity! For web based email addresses, the SmallCapDigest recommends @yahoo.com or @aol.com for timely and reliable email newsletter delivery.
Subscribe Here
Note: Your email address will be kept strictly confidential, and will not be shared with any other entity for any purpose at any time. If you no longer wish to receive the SmallCapDigest, simply follow the instructions located at the bottom of every SmallCapDigest Newsletter Edition.
Unsubscribe
Here
D I S C
L A I M E R:
The
SmallCap Digest is an independent electronic publication committed to providing
our readers with factual information on selected publicly traded
companies. SmallCap Digest is not a licensed investment professional or
broker-dealer. All companies are chosen on the basis of certain financial
analysis and other pertinent criteria with a view toward maximizing
the upside potential for investors while minimizing the downside risk,
whenever possible. Moreover, as detailed below, this publication
accepts compensation from third party consultants and/or companies which
it features for the publication and circulation of the SmallCap Digest
or representation on SmallCapNetwork.net. Likewise, this newsletter
is owned by TGR Group, LLC. To the degrees enumerated herein,
this newsletter should not be regarded as an independent publication.
Visit
Here to view our compensation on every company we have ever covered,
or visit the following web address: http://access.smallcapnetwork.com/compensation_disclosure.html
for our full compensation disclosure and http://access.smallcapnetwork.com/short_term_alerts.html
for Trading Alerts compensation and disclosure. TGR Group LLC has been
paid a fee of $25,000 cash and 500,000 shares of newly issued restricted
stock directly by Xtreme Companies for coverage. Additionally, Some of
the companies featured in the SmallCap Digest Newsletter pay an ESP (Electronic
Service Provider) fee to an affiliated Technology Company for electronic
delivery of this newsletter and other web related technology services.
Fees range from $3,000 to $5,000 per month.
All statements
and expressions are the sole opinions of the editors and are subject
to change without notice. A profile, description, or other mention of a
company in the newsletter is neither an offer nor solicitation to buy or
sell any securities mentioned. While we believe all sources of information
to be factual and reliable, in no way do we represent or guarantee the
accuracy thereof, nor the statements made herein.
From time to
time TGR Group LLC sells shares in the open market it receives as compensation
for coverage of client companies. Since the shares are received as compensation
for services as previously disclosed, and not for investment purposes,
the editors do not view the sale of the shares as contradictory to any
advice delivered in the content. This should be viewed as a conflict of
interest by shareholders or prospective shareholders of the client companies.
The editor,
members of the editor's family, and/or entities with which the editor
is affiliated aside from TGR Group LLC itself, are forbidden by company
policy to own, buy, sell or otherwise trade stock for their own benefit
in the companies who appear in the publication unless specifically disclosed
in the newsletter. The profiles, critiques, and other editorial content
of the SmallCap Digest and SmallCapNetwork.net may contain statements that
appear forward as it relates to the expected capabilities of the companies
mentioned herein.
THE READER
SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING
IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE
AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE
IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE
COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT
OF THE EDITORS OF SMALLCAPNETWORK.NET.
We encourage
our readers to invest carefully and read the investor information available
at the web sites of the Securities and Exchange Commission ("SEC")
at http://www.sec.gov and/or the National
Association of Securities Dealers ("NASD") at http://www.nasd.com.
We also strongly recommend that you read the SEC advisory to investors
concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm
. Readers can review all public filings by companies at the SEC's EDGAR
page. The NASD has published information on how to invest carefully at
its web site.