Tuesday, May 21, 2013

Will Spire (SPIR) Ever Hit $Pi ($3.14) Again?

Spire (SPIR) is having an up-on-heavy-volume-day today (02013.05.21). Right now SPIR is at $0.78, up ~27.64%, at 9:59AM EDT. Volume is almost 10-times trailing-3-month average. Yesterday (02013.05.20), SPIR closed at $0.61, up a dime, on good volume. SPIR 52-week range: $0.33 - $1.00.

Will SPIR ever hit $Pi again? The possibilitist in me says it's possible the answer is yes.

[update::02013.05.21] SPIR closed at $0.75, up ~22.7%. Volume was 210,917 vs. trailing-3-month average of 8,889.

Monday, May 20, 2013

Yahoo! (YHOO) To Acquire Tumblr

Yahoo!(YHOO) closed last week on 02013.05.17 at $26.52. Over the weekend Yahoo! acquired Tumblr for $1.1 billion in cash. Opinions of the acquisition are running from extreme bearish to extreme bullish. I don't know if it's a good deal or bad deal--only time will tell (duh!). Note: I don't use Tumblr, but I use Yahoo! everyday.

YHOO closed at $26.52 on 02013.05.17. 52-week range: $14.59 - $27.68. YHOO is down ~1% in pre-market trading on 02013.05.20.

Sunday, May 19, 2013

Kratos Defense & Security Solutions (KTOS) Upgraded

On May 15th, Zacks Investment Research upgraded Kratos Defense & Security Solutions Inc. (KTOS) to a Zacks Rank #1 (Strong Buy).

KTOS closed on $5.31, $5.61, $5.79, and $5.87 on May 14th, 15th, 16th, 17th, respectively. 52-week range: $4.08 - $6.19.

Friday, May 17, 2013

Altair Nanotechnologies (ALTI) Update

Altair Nanotechnologies (ALTI) appears to be making progress.

On May 8th, Altairnano had a press release titled: "Proterra 'Bus of Tomorrow' Showcased in Altairnano Demonstration". The press release reminded readers that a couple years earlier U.S. Secretary of Transportation, Ray LaHood, called Proterra the "bus of tomorrow." Proterra is powered by Altairnano's batteries. "Altairnano's solution is the best we have found in the industry for fast charging of buses," said Proterra founder Dale Hill.

On May 10th, a Friday, ALTI closed at $2.12 (52-week low was $2.02).

On May 15th, prior to the market opening, Altairnano released 1Q'13 results. I liked what I read in both the company's 1Q'13 press release and the conference call transcript. From the 1Q'13 press release: "With respect to the critical issue of revenue, we recognized $1.9 million in revenue this quarter, and now have $7.1 million in deferred revenue. Lastly, when we add in the revenue that we expect to earn from our current customer base, which includes the Hawaii Natural Energy Institute, Proterra and the City of Wu'an, it quickly becomes clear why 2013 will be a pivotal year for Altair."

On May 15th and May 16th, ALTI closed at $2.35 and $2.47, respectively. 52-week range: $2.02 - $5.04. During these two trading days ALTI volume as 37,600 vs. t3m-avg. of 17,490.

[update::02013.05.17] To me LOL means Lumps Of Labor, but in this context it means LOL. ALTI opened down 8% today at $2.27. At 7:00am MST it's at $2.22, down 10+%.

Wednesday, May 15, 2013

Google (GOOG) Hits $911

$911... GOOG hit it today (02013.05.15). If too many people start speculating as to when GOOG will hit one kilo-dollar, then that might be a signal that some bubbles are going to start popping. But, on the other hand, GOOG hitting a $1,000 might signal the start of one of those special bull markets. Dot-com 2.0 (finally)?

Nanosphere (NSPH) Pops On Hitachi Announcement

Nanosphere (NSPH) issued a press release prior to the market opening yesterday (02013.05.14) having the headline Nanosphere Announces Distribution and Collaboration Agreement With Hitachi High-Technologies Corporation. NSPH previous close was $2.78; it opened at $3.18; and hit an intra-day high of $3.35 before closing at $3.11. Volume was 2.47M vs. 0.56M. NSPH 52-week range: $1.50 - $3.89.

I cancelled a NSPH sell order at $Pi ($3.14) prior to the market opening yesterday.

[update::02013.05.15] Nanosphere will be presenting at the UBS Global Healthcare Conference on May 20th. I took a peek at this conference it is a big one.

Tuesday, May 14, 2013

Geeknet (GKNT) Has Some Insider Buying

Geeknet (GKNT) closed yesterday (02013.05.13) at $13.52. Kenneth Langone has invested another $67,000 in GKNT stock. Langone acquired 2500 shares $13.93 per share on 5/12 and he bought 2276 shares at $14.18 on 5/10. Langone bought 2200 shares at $15.07 on 3/12. Kenneth Langone is the Chairman of the Board of Geeknet Inc.

GKNT had a SIR (Short Interest Ratio) of 14.6 on 02013.04.30. GKNT closed yesterday (02013.05.13) at $13.52. 52-week range: $12.38 - $21.62.

[update::02013.05.15] Prior to the market opening: "Geeknet (Nasdaq:GKNT) has been downgraded by TheStreet Ratings from hold to sell." GKNT closed yesterday at $14.18.

[update::02013.05.17] Langone did more buying on 5/13. 2500 shares $14.12 and 2500 shares (non-open market) at $14.41.

Friday, May 10, 2013

Illumina (ILMN) Has a Strange Trading Day

Illumina (ILMN) had a strange day today (02013.05.10). Yesterday, ILMN closed at $67.16 and today it spiked to an intra-day (and new 52-week) high of $77.11. ILMN ended today at $69.91, up almost 4.1%. Volume was 7.1 million vs. t3m-avg. of 1.2 million. I don't know any Illumina news; nonetheless, it was a strange day.

Thursday, May 9, 2013

Sold Some iRobot (IRBT) at 10 $Pi ($31.42)

iRobot (IRBT) hit a new 52-week of $31.79 before closing today (02013.05.09) at $31.33. I sold some IRBT at 10 $Pi ($31.42).

Nanosphere (NSPH) Floats More Stock at $2.60

Nanosphere (NSPH) reported 1Q'13 results after the market closed on 02013.05.07. Yesterday, NSPH closed at $2.49, down 4.2% for the day. The company's 1Q'13 press release included the following: "Nanosphere also raised $5 million through the sale of 1,923,077 shares in an underwritten registered offering at a price of $2.60 per share that are to be purchased by William Blair Small Cap Growth Fund." William Blair has been around since the mid-01930s and they are corporate headquartered in Chicago not to far from Nanosphere.

Wednesday, May 8, 2013

Geeknet (GKNT) Reports 1Q'13 Results

Geeknet (GKNT) spiked $0.50 near the close yesterday (02013.05.07) and closed at $13.64. Geeknet reported 1Q'13 results before the market opened today (02013.05.08) and at ~7:54am MST GKNT is unchanged with a daily range of $13.45 - $13.68.

ThinkGeek is a fun company, but is it sustainable?

[update::02013.05.08] I read the transcript for Geeknet's 1Q'13 conference call. I like what I read and I like how the new CEO responded to questions.

Sunday, May 5, 2013

Bruker (BRKR) and Cray (CRAY) Have Stopped Going Up

Posting from 02013.03.14 (Pi Day)...
Title: Bruker (BRKR) and Cray (CRAY) Keep Going Up

Bruker (BRKR) hit a new 52-high of $19.09 yesterday (02013.03.13) before closing at $19.05.

Cray (CRAY) hit a new 52-week high of $20.79 yesterday (02013.03.13) before closing at $20.71.

Last week CRAY decreased from $20.96 to $16.65; a whopping 20.6% decrease. Since the Pi Day posting, BRKR has decreased 12%. So much for Bruker and Cray keep going up.

Thursday, May 2, 2013

Hanger (HGR) Hits a New 52-Week High

Hanger (HGR) closed up 7.07% today (02013.05.02) at $31.67 after reporting 1Q'13 results. HGR's intra-day high of $32.15 was also a new 52-week high. "If only I could find another HGR..." is something that I've said numerous times over the span of the last decade. Hanger's 1Q'13 press release release ended with: "We are reaffirming our previously issued financial guidance for 2013. Despite headwinds like sequestration, we remain focused on delivering quality care for our patients and continued growth for our shareholders."

Facebook (FB) Reports 1Q'13 Results

Facebook (FB) reported 1Q'13 results after the market closed yesterday. FB closed yesterday at $27.43. At 9:39am EDT on 02013.05.02, FB was at $28.41, up ~3.6% in the first ten minutes of trading. 52-week range: $17.55 - $45.00. I guess investors considered Facebook's 1Q'13 results acceptable. A couple of items I noticed from Facebook's 1Q'13 press release: (1) Effective tax rate was 38%. (2) The company has $9.5 billion in cash.

Wednesday, May 1, 2013

Cray (CRAY) & Trimble Navigation (TRMB) Get Hit Hard On 1Q'13 Results

Cray (CRAY) got hit hard after reporting 1Q'13 results. CRAY closed yesterday at $21.16; opened today at $20.16 and has hit an early intra-day low of $18.70. At 9:55am EDT, CRAY is at $19.74. 52-week range: $9.99 - $23.59.

Trimble Navigation got hit after reporting 1Q'13 results. TRMB closed yesterday at $28.74; opened today at $26.64 and has hit an early intra-day low of $26.25. At 10:01am EDT, TRMB is at $26.31. 52-week range: $20.01 - $32.03.

[02013.05.01] Yikes! CRAY lost ~17% of its market value today closing at $17.56. Intra-day low was $17.44. Volume was 6.3x t3m-avg. TRMB lost 8% of market value closing at $26.43. Intra-day low was $26.04. Volume was 3.8x t3m-avg.

[02013.05.02] CRAY followed yesterday's ~17% crash with an ~1.7% drop today.