Thread by @peregreine

1) $JMP just announced earnings AMC, Thu, 18 Feb 21

Before getting started, note this is very thinly traded, and yet yesterday, before earnings announced post-market, it traded 32 x its normal avg volume. So, today, I think we're going to see some madness in this name.

2) In a normal setting, yesterday's candlestick, called a "hanging man" would suggest the next day would be down. However, as always, an Earnings report can change everything on a dime. So, today, I'll follow to see how this all pans out and see if volume goes 100x. My bet? UP.

3) That said, let's "do it"

600 Montgomery Street, Suite 1100
San Francisco, California
jmpg.com
Sector: Financial
Industry: Investment Services
Employees: 209

4) DESCRIPTION
JMP Group LLC provides investment banking, sales and trading, and equity research services to corporate and institutional clients, and alternative asset management products and services to institutional investors and high net-worth individuals.

5) It operates through three segments: Broker-Dealer, Asset Management, and Investment. The Broker-Dealer segment includes underwriting and acting as a placement agent for public & private capital markets raising transactions, financial advisory services in M&A, restructuring

6) and other strategic transactions. The Asset Management segment involves in the management of pooled investment vehicles, including the company's hedge funds and collateralized loan obligations. The Investment segment includes Company’s principal investments in public

7) and private securities and investment funds managed by HCS, as well as any other net interest and income from investing activities, and interest expense related to the Company's bond issuance.

8) The company was founded by Joseph A. Jolson, Gerald L. Tuttle, Jr. and Carter D. Mack in 1999 and is headquartered in San Francisco, CA.

9) Summary as of 18 Feb 21
OPEN4.94
PREVIOUS CLOSE4.95
DAY RANGE4.39 - 4.98
52-WEEK RANGE2.15 - 4.98
ALL-TIME HIGH8.32
AVG. VOLUME (50-DAY)62,818
EPS (TTM)-1.03
NEXT EARNINGS DATE2/18/2021 (AMC)
LAST EARNINGS DATE10/28/2020

OPTIONSNo

10) Fundamentals

PRICE TO BOOK1.80
PRICE TO CASH FLOW-
PRICE TO FREE CASH FLOW-
TOTAL SALES (TTM)92.06 M
REVENUE PER SHARE (TTM)4.69
SHARES OUTSTANDING19.64 M
SHARE FLOAT (%)6.89 M (35.05%)
% HELD BY INSTITUTIONS17.16

11) Technicals
+/- EMA(20)4.45 (+11.69%)
+/- SMA(50)4.02 (+23.63%)
+/- SMA(200)3.00 (+65.67%)
5-DAY PERF.+3.54%
1-MONTH PERF.+23.46%
3-MONTH PERF.+80.07%
6-MONTH PERF.+86.14%
YTD PERF.+29.09%
1-YEAR PERF.+64.03%
RSI(14)79.14
ATR(14)0.28
ADX(14)28.38
BETA (5Y)0.26

12) No analyst upgrades/downgrades in years for this company, and there is almost no one shorting it. So, it's a micro-cap yawn. (I think this will change today.)

13) 26 Nov 20 Overall, JPM insiders were net buyers of their own shares last year: finance.yahoo.com/news/craig-joh…

14) 25 Jan 21 This announcment explains how they are beefing up for biopharma financing.

finance.yahoo.com/news/jmp-group…

15) Again, I'm just pasting this together to see how this all works out today. I expect abnormal volume, higher highs, and loads of penny stock promoters jumping this. We shall see. This is a self-education moment for me and my developing hunches: