Market Read®

  • Friday, July 11 2014

This prediction has passed its maturity date!

This prediction was valid between April 16, 2013 and May 01, 2013. All information in this report is for reference only and should not be considered forward looking.

(NASDAQ: LMAT)

Lemaitre Vascular


Bearish

LeMaitre Vascular, Inc., together with its subsidiaries, engages in the development, manufacture, and marketing of medical devices and implants for the treatment of peripheral vascular disease worldwide. Its products include embolectomy catheters to remove blood clots from arteries or veins; occlusion catheters; perfusion catheters that temporarily perfuse blood and other liquids into the vasculature; carotid shunts to temporarily divert blood to the brain during the removal of plaque from the carotid artery; and laparoscopic cholecystectomy devices to inject dye into the cystic duct during laparoscopic cholecystectomy. The company also offers manual contrast injectors for the injection of contrast media into blood vessels; modeling catheters to apply radial pressure to the inside of an aortic stent graft for sealing; radiopaque tape to improve the precision of vascular and endovascular procedures; and remote endarterectomy devices to remove severe atherosclerotic blockages from the arteries of the leg. In addition, it provides valvulotomes for use as a bypass vessel to carry blood past diseased arteries to the lower leg or the foot; vascular grafts to bypass or replace diseased arteries; vascular patches that are synthetic and biological patches for use in closing incisions in a blood vessel; vein strippers for single-incision removal of varicose veins; and vessel closure systems to attach blood vessels for dialysis access. LeMaitre Vascular, Inc. markets its products through direct and indirect sales force, and distributors. The company was formerly known as Vascutech, Inc. and changed its name to LeMaitre Vascular, Inc. in April 2001. LeMaitre Vascular, Inc. was founded in 1983 and is headquartered in Burlington, Massachusetts.

Investment Highlights

  • PATTERN SCAN predicts the price of LMAT expected to move down in the coming weeks based on the appearance of a 'Trend Line Reversal(4)' pattern. Specifically, a ACT EOD variant of Trend Line Reversal(4) has been detected. The target is $5.86. more
  • SEASONALITY expects the price of LMAT expected to move down to $5.71 by March 14, 2013. more
  • SEASONALITY expects the price of LMAT expected to move down to $5.81 by April 23, 2013. more
  • EVENTS detects that a negative price event has occurred, historically indicating that the price will move down to $5.29 by May 01, 2013. Specifically, 50-day MA cross below 200-day MA has been detected. more
  • VALUATION LMAT has a current calculated value of $2.94 which means the stock is overvalued compared to its price of $8.02.

Predictive Range March 04, 2013 - May 01, 2013

Anticipated price movement, between prediction date and target date, based on all market reads.
$6.08 - $5.67

How WealthMakers Market Reads Work:

WealthMakers Market Reads™ provide you with market performance predictions based on proprietary technologies, trading algorithms and data to help you make better, more informed investment decisions. Here's a quick review of our predictive technologies:

  • EARNINGS Most stock price histories show random or unpredictable movements around earnings reports. But some repeat the same pattern quarter after quarter, year after year. Earnings predicts probability, price move and length of move before and after all US stock earnings reports.
  • FRICTION FACTOR Friction Factor is based on the relationship between the price of a stock and the volume at which it's bought and sold. Normal and abnormal Friction factor patterns can help you time your buying and selling decisions for maximum earnings potential.
  • GATS The Global Automated Trading System (GATS) combines neural networks and genetic algorithms to reduce investment risks. GATS selects the highest probability trades in stocks, bonds, options, commodities, currencies and private equities, delivering precise, predictive and profitable data.
  • GROUP SECTOR Certain institutions can exert buying or selling pressure over an entire industry group, pushing prices higher. Group Sector identifies stocks that most closely match their group's movement and generate powerful group consensus trading signals to help you profit from the herd mentality.
  • PATTERN SCAN This technology automatically tracks "Trigger Events" that positively or negatively affect the value of a stock — or its perceived value among analysts — ranging from price fluctuations to natural disasters and political shifts. The results reveal patterns that can predict market movements.
  • EVENTS Events describe the current technical situation in your stock. It displays the technicals, trend conditions and seasonal factors and automatically discovers how that stock has performed in the trading days following the occurrences of the event or combination of events. This technology automatically scans using complex historical queries based on what event is taking place right now in the stock. It then displays the probability, expected return and number of trading days for the expected move.
  • RegSHO NAKED SHORTS SEC Regulation SHO mandates that if a clearing agent holds a fail-to-deliver position for 13 consecutive settlement days, it must purchase securities to close out its position, a.k.a. a forced cover. WealthMakers aggregates data from NYSE, AMEX, NASDAQ, OTCBB and PINKSHEETS to track stocks that are about to have forced covers.
  • SEASONALITY Seasonality analyzes more than 20 years of data to determine if stocks have a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias.
  • SQUEEZE TRIGGER Our proprietary database of more than 3,500,000,000 short sale transactions allows us to calculate the exact price at which the total short interest is short in each stock. Squeeze Trigger Alerts let you know exactly when a short squeeze will start and how to trade profitably.
  • VALUATION A stock's value is a function of its forecasted earnings per share and forecasted earnings growth, as well as profitability, interest and inflation rates. Valuation use these metrics to determine at what price a stock is undervalued or overvalued, so that you can make investment decisions accordingly.
  • INSIDER Significant stock sales or purchases by company "insiders" (officers or directors) can be a predictor of future price movements — up or down. The Insider strategy tracks these actions and correlates them with historical data to give you an investment edge.

Pattern Scan

 

Tracks "Trigger Events" that positively or negatively affect the value of a stock.

Lemaitre Vascular (NASDAQ: LMAT) is predicted to go down in coming weeks based on bearish technical trends that have appeared in the recent performance of the stock. LMAT has demonstrated Trend Line Reversal(4) strategy ACT EOD with a strength of 4.0/5. The higher the strength, the higher the probability of an accurate prediction.

  • The price of LMAT expected to move down in the coming weeks.
  • PatternScan has detected that a 'ACT EOD' pattern has appeared.
  • Specifically, a ACT EOD variant of Trend Line Reversal(4) has been detected.
  • This indicates a high probablity that LMAT will move down in the coming weeks.

Events

 

Uses historical patterns in stock price and volume changes to help time buying and selling decisions.

Lemaitre Vascular (NASDAQ: LMAT) is expected to go lower. Events detect patterns in price and volume movement that have historically preceeded predictable stock movements. LMAT has demonstrated a 50-day MA cross below 200-day MA technical event that has been predictable 2.0 of the last 2.0 occurrances.

  • The price of LMAT expected to move down.
  • Negative patterns detected in the price movement of the stock indicates the price should move to $5.29 by May 01, 2013.
  • Of the previous 2 occurrances of 50-day MA cross below 200-day MA event, LMAT has moved down 100% of the time.

Seasonality

 

Predicts probability and percentage of stock movements based on seasonal factors.

Lemaitre Vascular (NASDAQ: LMAT) is predicted to go down in coming weeks based on bearish trends that appear around this time of the year. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. LMAT, currently trading at 8.02 expected to hit $5.71 by March 14, 2013.

  • The price of LMAT expected to move down to $5.71 by March 14, 2013.
  • Expected loss of -5.18% from price at time of prediction (6.02).
  • This pattern has held 4.0 of the last 6.0 seasonal periods. (66.67%)

Squeeze Trigger

 

We have a proprietary database of all trading in US stocks and maintain massive databases of short sale and naked short sale time and sales data, along with short squeeze SqueezeTrigger prices. We are the only firm that knows the exact price that a short squeeze will start in every US stock.

The Cumulative Squeeze Trigger price for LMAT is 6.22.

Date Short Volume Short Value SqueezeTrigger
2013-12-31 76898 614745.6814 7.9943
2013-11-30 186196 1519415.2188 8.1603
2013-10-31 277764 2008789.248 7.232
2013-09-30 24581 163557.0578 6.6538
2013-08-31 46012 317717.4612 6.9051
2013-07-31 2500 16560.0 6.624
2013-06-30 32414 214528.8176 6.6184
2013-05-31 56429 353149.6107 6.2583
2013-04-30 2299 14112.4115 6.1385
2013-03-31 23377 141540.7219 6.0547
2013-02-28 36596 226360.8984 6.1854
2013-01-31 86190 520044.603 6.0337
2012-12-31 102669 630767.5353 6.1437
2012-11-30 32480 203951.664 6.2793
2012-10-31 8459 52313.8396 6.1844
2012-09-30 23857 147309.8179 6.1747
2012-08-31 41819 265705.3803 6.3537
2012-07-31 47017 292252.9703 6.2159
2012-06-30 23825 134091.865 5.6282
2012-05-31 19249 102008.1506 5.2994

Friction Factor

 

Friction Factor determines if there is normal or abnormal behavior in the price action of the stock when compared to the buying vs. selling trading statistics. It shows us how many more shares of buying than selling it takes to move a stock higher by 1 cent, or how many more shares of selling than buying it takes to drop a stock by 1 cent.
Here is how to understand Friction Factor:

  • If Friction Factor is positive, more buying than selling caused LMAT's price to rise
  • If Friction Factor is negative, more selling than buying caused LMAT's price to fall
  • If Friction Factor is 0, there was no discernable activity either way
  • If Friction Factor is abnormal, it means that more buying than selling caused the price to drop which is evidence of manipulative activity. In some cases more selling than buying can cause the price to increase. While this is rare, it must be noted as well. Friction Factor raw data.

Date Change Buy Vol Sell Vol Net Vol Friction
2013-12-24 -0.04 41695 6922 34773 Bearish Bias
2013-12-23 0.04 13645 15070 -1425 Bullish Bias
2013-12-20 0.05 4574 26986 -22412 Bullish Bias
2013-12-19 -0.04 5174 105584 -100410 -25102.5
2013-12-18 0.07 14872 8238 6634 947.7142857
2013-12-17 0.13 31498 23809 7689 591.4615385
2013-12-16 0.06 9362 8381 981 163.5
2013-12-13 0.07 10791 6456 4335 619.2857143
2013-12-12 -0.02 4555 5534 -979 -489.5
2013-12-11 0.01 5612 22712 -17100 Bullish Bias
2013-12-10 0.11 12684 8938 3746 340.5454545
2013-12-09 -0.21 6830 9312 -2482 -118.1904762
2013-12-06 0.0 8742 6055 2687 Bearish Bias
2013-12-05 0.03 21294 34814 -13520 Bullish Bias
2013-12-04 -0.07 11259 15165 -3906 -558
2013-12-03 -0.06 7094 6470 624 Bearish Bias
2013-12-02 -0.04 8411 5382 3029 Bearish Bias
2013-11-29 -0.03 3194 4056 -862 -287.3333333
2013-11-27 -0.05 1775 6300 -4525 -905
2013-11-26 0.0 8234 6617 1617 Bearish Bias

Valuation

 

Value is a measure of a stock's current worth. LMAT has a current value of 2.94 per share. Therefore, it is overvalued compared to its Price of $8.02 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease.

General Results

 

Past success in predictions regarding all predictions on the WealthMakers platform.

Our prediction engine has a track record that is second to none. See for our results.

Read Type Avg Return Avg Maturity Days Hits Misses % Accurate
Insider 15.136 73.18 9093 472 95.07%
SqueezeTrigger 12.738 22.37 7780 473 94.27%
Group Correlation 7.341 14.99 1310 87 93.77%
Valuation 14.484 26.96 4201 302 93.29%
Seasonality 7.459 15.21 42599 4123 91.18%
PatternScan 8.449 11.37 133502 19274 87.38%
Events 6.943 11.2 3389 543 86.19%
GATS 5.387 7.94 45083 8534 84.08%
Earnings 8.678 10.28 21689 4352 83.29%
Naked Shorts 14.518 10.83 2232 589 79.12%
Friction Factor 7.501 3.63 5601 1604 77.74%

About Wealthmakers

WealthMakers gives institutional and individual investors an exclusive advantage in making precise, predictive and profitable trading decisions. Our proprietary technologies — Earnings, Seasonality, Squeeze Trigger, Group Sector and GATS — apply artificial intelligence, proprietary algorithms, market data and research to help our clients realize exponential returns. Find out more at WealthMakers.com.

All material herein was prepared by WealthMakers, based upon information believed to be reliable. The information contained herein is not guaranteed by WealthMakers to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. WealthMakers is not a registered investment advisor in the State of California. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. WealthMakers or its affiliates may receive compensation from independent third parties, or from the companies mentioned, for data provided in this report or related services. WealthMakers affiliates, officers, directors and employees do not own shares of the company mentioned in this report, but may from time to time buy/sell the shares discussed in this opinion and may profit from those trades. Market commentary provided by Thomas Ronk, a registered investment advisor and commodities trading advisor in California. WealthMakers will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment.

All Rights Reserved. Copyright 2011 WealthMakers

Overview
Last Price$8.02
52 Week Range$6.39 - $8.96
1 Month Range$7.09 - $8.39
Avg Daily Volume22645.0
PE Ratio57.84
 
Earnings Per Share
YearEPS
2014(E)$0.139
 
Capitalization
Shares Outstanding15MM
Market Capitalization$126.00MM
 
 

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