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Home > (FINL, MJGCF.PK, ASTC, FRBK, ARNA) Notable Stocks by PennyOTCStock.com

(FINL, MJGCF.PK, ASTC, FRBK, ARNA) Notable Stocks by PennyOTCStock.com

September 23rd, 2011 at 02:53 pm









Headquartered in Indianapolis, Finish Line, Inc. (NASDAQ:FINL) operates 646 stores in malls across the United States. Finish Line is a premium retailer of athletic shoes, apparel and accessories. More than 11,000 Finish Line sneakerologists help customers each day connect with their sport, their life and their style.



Finish Line yesterday reported results for the second quarter fiscal 2012, representing the 13-week period ended August 27, 2011. Second Quarter results include the following. Net sales increased 10.1% to $331.5 million compared to $301.1 million a year ago. Comparable store sales increased 11.0% on top of an increase of 2.0% for the same period a year ago. Finish Line reported second quarter net income of $20.9 million, or $0.39 per diluted share, compared to net income of $16.8 million, or $0.31 per diluted share, a year ago. This represents an earnings per share increase of 25.8%.

Operating margin increased 130 basis points to 10.2% of sales this year from 8.9% of sales a year ago. Merchandise inventories increased 5.9% to $229.8 million at the end of the quarter compared to $217.0 million a year ago. At quarter-end, Finish Line had no interest-bearing debt and $289.6 million in cash and cash equivalents, up from $253.7 million at the end of the second quarter a year ago.



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Majestic Gold Corp. (MJGCF.PK)
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.

Gold is called a noble metal because it resists reacting with stuff. But it can be "convinced" to react, and it forms numerous compounds. It's oxidation states range from -1 to +5, with +1 and +3, Au(I) and Au(III), far and away the most common. Gold will dissolve in mercury, but creates an amalgam rather than react with it to create a compound. Aurum (gold) resists most acids, though aqua regia (a 3:1 mix of concentrated hydrochloric and nitric acids) will attack gold, as will cyanide. In the unusual -1 state, gold will form compounds like CsAu (cesium auride). It will hook up with the most reactive of the Group 1 and Group 2 elements,









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