Wednesday, November 27, 2013 (AMZN) Nearing $400 (AMZN) made a new all-time high of $387.00 today (02013.11.27) before closing at $386.60. It will be interesting to see if AMZN hits $400 before 02013 comes to an end. At its current price AMZN's PSR (Price Sales Ratio) is at 2.49 and I consider that low.

[update::02013.12.04] AMZN hit $399.00 on 02013.12.02.

Tuesday, November 26, 2013

NASDAQ Hits 4,000

NASDAQ composite index opened yesterday (02013.11.25) at 4,004.37; hit an intra-day high of 4,007.09; and closed at 3,994.57. It was the first time the NASDAQ was above 4,000 since September 02000. Even at 4000, the NASDAQ is still well below its all-time high of 5,132.52 (intra-day high on 10 March 02000). I liked the following quote.
"It's taken 13 years to get back. It just shows the magnitude of that bubble we expanded back in 1999 and 2000." -- Jack Ablin of BMO Private Bank

Friday, November 22, 2013

Illumina (ILMN) Nearing 1-Hecto-Dollar ($100)

Illumina (ILMN) is nearing 1-hecto-dollar ($100). Yesterday (02013.11.21) ILMN hit a new 52-week high of $99.70 before closing at $98.85. For ILMN every new 52-week high is also a new all-time high.

[update::02013.11.23] ILMN's intra-day high yesterday was exactly 1-hecto-dollar ($100.00).

Spire (SPIR) Remains Open For Business

Spire (SPIR) reported 3Q'13 results after the market closed on 02013.11.19. SPIR closed on the 19th at $0.61. The day SPIR opened down a penny, but hit an intra-day high of $0.65 before closing down a penny at $0.60. Yesterday (02013.11.21), SPIR opened down four pennies (down 6.67%) and stayed there for the entire day.

Spire issued a press release yesterday having the following headline: Spire Installs Turn-key PV Module Line in Partnership with an Eastern European Company. According to Spire's CEO Roger Little: There is a great deal of demand for solar in this region... I hoping Roger isn't bullshitting us.

SPIR closed yesterday (02013.11.21) at $0.56. Volume was only 1,901 (vs. 12,588). 52-week range: $0.11 - $0.99.

Wednesday, November 20, 2013

Yahoo! (YHOO) Increases Share Buyback Program

Yahoo! (YHOO) announced it has increased its share buyback authorization by $5.0 billion. In addition, Yahoo! announced the issuance of $1 billion in convertible debt.

YHOO closed yesterday (02013.11.19) at $34.63. 52-week range: $18.20 - $36.19. In early morning trading today YHOO spiked to $35.82.

[update::02013.11.21] YHOO hit a new 52-week high yesterday (02013.11.20) of $36.22 before closing at $35.62. After the close Yahoo! announced "Pricing of Upsized Offering of $1.25 Billion Convertible Senior Notes Due 2018."

Thursday, November 14, 2013

NeuroMetrix (NURO) Spikes Up Again on Heavy Volume--Why?

NeuroMetrix (NURO) continues to trade in a way that I don't understand. On 02013.11.07 (one week ago) I had a posting titled: "NeuroMetrix (NURO) Spikes Up on Heavy Volume--Why?".

Here is a summary of NURO's November prices. 02013.11.01 NURO closed at $1.53. 02013.11.06 NURO closed at $1.91. 02013.11.07 NURO close at $2.41 after hitting an intra-day high of $3.09 (volume was 9.55 million). 02013.11.08 NURO closed at $1.98. 02013.11.11 NURO closed at $1.83. 02013.11.12 NURO closed at $2.24.

Yesterday, 02013.11.13, NURO closed at $2.79. Volume was 4.42 million versus 0.33 million.

Today, 02013.11.14, pre-market (which means nothing to me), NURO is at $3.45 (up 16+%). 52-week range: $1.47 - $3.66.

[02013.11.14] NURO opened this morning at $3.04, spiked to an intra-day high of $3.09, and closed at $2.61 (down ~6.5%). Volume was 5.34 million vs. 0.33 million.

Wednesday, November 13, 2013

Red Hat (RHT) Gets Upgraded

Red Hat (RHT) 52-week low currently is $41.89 hit on 2013.10.19. Since that 52-week low, RHT's highest close had been yesterday (02013.11.12) at $44.60. Today (02013.11.13), research firm Piper Jaffray upgraded RHT to 'Overweight' from 'Neutral' and RHT ended the day at $46.37 (up almost 4% for the day). Volume was 5.45 million versus 1.85 million. I still consider RHT a pricey stock, but I think it's worth more than $46.37.

Tuesday, November 12, 2013

Cray (CRAY) Reports 3Q'13 Results

Cray (CRAY) reported 3Q'13 results yesterday (02013.11.11). When it comes to Cray providing guidance, the following is true.
Actual results for any future period are subject to large fluctuations given the nature of Cray's business.

Generally, I don't like it when the CEO starts off press release with sentences like the following.

"We didn't achieve the financial results we were anticipating for the third quarter as a couple of large acceptances shifted out of the quarter, and we now expect to have both of them completed during the fourth quarter," said Peter Ungaro, president and CEO of Cray.

CRAY closed yesterday at $22.21. 52-week range: $12.40 - $28.59.

Friday, November 8, 2013

Bought Some Twitter (TWTR)

Twitter (TWTR) was falling and I placed an order to buy a nano-sized amount of TWTR at 13 $Pi ($40.84). Now I want TWTR to go down more because I want to buy more TWTR at a lower price. Next buy price is 10 $Pi ($31.42).

I didn't want to chase, but TWTR needed to be a GDT::Porfolio stock for numerous reasons.

Geeknet (GKNT) Reports 3Q'13 Results

Geeknet (GKNT) reported 3Q'13 results this morning (02013.11.08) and I thought they had a good 3rd-quarter.

GKNT hit a new 52-week high of $19.97 on 02013.10.29 (just 8 trading days ago). Yesterday (02013.11.07) GKNT closed at $17.69. In otherwords, GKNT is down ~11.4% is eight days. Yuck! Especially for a stock that is an important stock in the GDT::Portfolio.

GKNT was at $18.89 (up 6.78% on minimal volume) at 11:07AM EST on 8 November 02013.

Thursday, November 7, 2013

NeuroMetrix (NURO) Spikes Up on Heavy Volume--Why?

NeuroMetrix (NURO) is a GDT::Portfolio bottom-feeder, but something happened yesterday (02013.11.06) with NURO and I don't know why. NURO closed yesterday (02013.1.06) at $1.91, up 22%. Intra-day high was $2.12. Volume was 1.17 million versus 0.13 million. 52-week range: $1.47 - $3.66. Pre-market numbers are hinting that NURO might continue spiking upward when the market opens today (02013.11.07).

[update::02013.11.07] I'm somewhat confused. It's 12:39pm EST and trading NURO volume is at 6,181,619. According to Yahoo! Finance there are approximately 3 million NURO shares. Note: NURO is at $2.76, up 45%.

Wednesday, November 6, 2013

Nanosphere (NSPH) Reports 3Q'13 Results

Nanosphere (NSPH) reported 3Q'13 results today (02013.11.06) prior to the market opening. NSPH is an important GDT::Portfolio stock. The following a couple of items from the 3Q'13 press release.
Nanosphere is re-affirming its 2013 revenue guidance of $10-11 million.

Nanosphere re-affirms its 2013 new customer placement guidance of 150-200.

Nanosphere ended 3Q'13 with ~$49.3 million in "cash", which is ~$0.82 per NSPH share.

NSPH closed yesterday (02013.11.05) at $1.87. 52-week range: $1.72 - $4.49.

Tuesday, November 5, 2013

Twitter (TWTR) IPO is Nearing

Twitter (TWTR) is getting ready to go public. Interestingly, TWTR will trade on the NYSE. The following was reported yesterday (02013.11.04) by Reuters.
Twitter raised its price range to $23 to $25 per share on Monday, but kept the offering size at 70 million shares. That means it will raise up to $2 billion if an overallotment option of 10.5 million shares is exercised.

Twitter's expected market value is $13.6 billion. Right now Facebook and LinkedIn have market values of $117.17 billion and $26.71 billion, respectively.

I'd be okay buying some TWTR at $25, but I won't chase it.

[update::02013.11.07] TWTR starts trading today (02013.11.07). Twitter went public at $26. I tried to placed an order to buy some TWTR at 8 $Pi ($25.13), but didn't allow me to place the order. My Facebook status update today: "To buy or not to buy?" is not the question. The question is: "At what price to buy?" If TWTR is like GOOG, we might never buy; but, if TWTR is like FB, we'll buy.