Saturday, June 28, 2014

Nanosphere (NSPH) Deleted From the Russell 3000 Index?

Nanosphere (NSPH) spiked up on heavy volume just before the market close yesterday (02014.06.27). It appears as though the spike might have been related to the re-balancing of the Russell 3000 Index (I think NSPH was deleted).

NSPH closed yesterday (02014.06.27) at $1.65. Day range: $1.50 - $1.65. 52-week range: $1.20 - $3.53. Volume was 8.8 million vs. 1.1 million.

Thursday, June 26, 2014

Barclays Initiates Coverage on Internet Sector Stocks

I found this weird: "In Thursday's morning summary, the team at Barclays initiated coverage on a number of big players in the internet sector." WTFoo?!?!?! Barclays just got around to initiating coverage on Internet stocks? In a nutshell, Barclays see numerous GDT::Portfolio stocks (Google, Yahoo!, Twitter, Facebook, trading at higher prices. Note: The GDT::Portfolio does not contain any eBay, LinkedIn, Netflix.

Wednesday, June 25, 2014

Nanosphere (NSPH) Appears to Be Reporting Good News

Nanosphere (NSPH) closed last week (Friday, 02014.06.20) at $1.37.

Monday (02014.06.23) press release title: "Nanosphere Signs Molecular Diagnostic Supply Agreement With HealthTrust". NSPH spiked to $1.78 before closing at $1.57. Volume: 8.2 million vs. 0.8 million.

Tuesday (yesterday; 02014.06.24) NSPH closed at $1.42, down ~10%. Volume: 2.1 million vs. 0.8 million. Press release title after the market closed yesterday: "Verigene(R) Enteric Pathogens Test Receives FDA Clearance".

Today (02014.06.25) NSPH right now (6:56am MST) is at $1.66, up ~17%. Volume is already at 2.8 million.

[update::02014.06.25] Today NSPH closed up 16% at $1.65. Intra-day high: $1.69. Volume: 7 million vs. 0.8 million. 52-week range: $1.20 - $3.60.

NeuroMetrix (NURO) is Making Progress in Japan

NeuroMetrix (NURO), a GDT::Portfolio bottom feeder, closed yesterday (02014.06.24) up 19% at $2.24 after hitting an intra-day high of $2.61. Volume was 3.3 million vs. trailing-3-month average of 0.1 million. [Note: There are ~6 million NURO shares with ~31% closely held.] Press release title: "NeuroMetrix Reports Japan Regulatory Approval for NC-stat DPNCheck".

This morning (02014.06.25), in pre-market trading, NURO is down almost 20%. Press release title: "NeuroMetrix Announces $8 Million Preferred Stock Placement".

Tuesday, June 24, 2014

Sold Some Google (GOOGL) at 180 $Pi ($365.49)

Sold some Google (GOOGL) at 180 $Pi last week Friday (02014.06.20). The sale was executed as part of a GDT::Portfolio adjustment.

Thursday, June 19, 2014

StemCells Inc.'s (STEM) Stem Cells Show Promise

StemCells (STEM) spiked to a new 52-week high of $2 shortly after the market opened today (02014.06.19). The company issued a press release titled: "StemCells, Inc. Interim Results Show Improvement in Visual Function and Slowing of Disease Progression in Phase I/II Dry AMD Trial".

STEM closed yesterday (02014.06.18) at $1.57. Right now (02014.06.19 at 10:15am EDT) STEM is at $1.86 after spiking to $2.00. Volume has been 9.15 million shares vs. a trailing-3-month daily average of 0.69 million.

Wednesday, June 18, 2014

Red Hat (RHT) Reports Solid 1Q'15 Results

Red Hat (RHT) reported 1Q'15 results after the market closed today (02014.06.18). In a nutshell: Red Hat--a world leader in Open Source Software--continues to grow. I liked Red Hat CEO Jim Whitehurst saying, "As evidence of this demand and Red Hat’s strong market position, we closed a record number of first quarter deals of a million dollars or more." I liked this tidbit from the 1Q'15 press release: "Total cash, cash equivalents and investments as of May 31, 2014 was $1.40 billion after repurchasing approximately $80 million, or approximately 1.6 million shares, of common stock in the first quarter."

RHT closed today (02014.06.18) at $53.10. 52-week range: $41.89 - $61.45.

Tuesday, June 17, 2014

StemCells (STEM) Hires More Senior Executives

StemCells (STEM) issue a press release this morning (02014.06.17) titled: "StemCells, Inc. Strengthens Senior Executive Team". The leadership moves included one promotion and three new appointments. The three new appointments have impressive resumes, so it's difficult to believe these three executives would jump aboard a sinking ship.

STEM closed yesterday (02014.06.16) at $1.54. 52-week range: $1.15 - $1.84.

Monday, June 16, 2014

Level 3 Communications (LVLT) To Buy TW Telecom

Level 3 Communications (LVLT) announced today (02014.06.16) that it's buying TW Telecom. The deal seems like a good one to me, but right now LVLT is down almost 5% on the news.

LVLT closed Friday (02014.06.13) at $44.09. Today's intra-day low (as of 7:46am MST): $41.35. 52-week range: $19.71 - $44.77. Note: LVLT almost spiked to a new 52-week high at the open, but the gain quickly evaporated.

Tuesday, June 10, 2014

NeuroMetrix (NURO)--Thin Float, High SIR

NeuroMetrix (NURO) has a been a crap investment for the GDT::Portfolio. The little company seems to be making progress, but it's been a slow go. On 02014.06.10 I noticed that NURO's SIR (short interest ratio) is as 12.8. ~31% of NURO is closely held leaving an approximate float of 5.2 million shares. NURO closed yesterday (02014.06.09) at $1.89. 52-week range: $1.47 - $4.25. The temptation to add some NURO to the GDT::Portfolio is strong, but I'll sell some NURO if it hits $Pi ($3.14).

Monday, June 9, 2014

Bought Some More Nanosphere (NSPH) at 0.42 $Pi ($1.32)

Added to our Nanosphere (NSPH) holdings today (02014.06.09) buying NSPH at 0.42 $Pi ($1.32). NSPH has been a terrible investment for the GDT::Portfolio, but I like Nanosphere's line of business. It's possible molecular diagnostic testing is a key tool when it comes to the health care in the future.

Note: With respect to determining the buy price, I multiplied Pi by 0.42 and I picked 42% of Pi because 42 is the "Answer to Life, the Universe, and Everything".

Insider Buying at Kratos Defense & Security Solutions (KTOS)

Kratos Defense & Security Solutions, Inc. (KTOS) had some insider buying recorded last month. The buys were in the $7.19 to $7.29 range. One director of the company bought $1.44 million worth of stock. KTOS close yesterday (02014.06.08) at $8.80. 52-week range: $6.01 - $9.18.

Sold Some Illumina (ILMN) at 54 $Pi ($169.95)

Sold some Illumina (ILMN) today (02014.06.09) at 54 $Pi ($169.95). It would be nice to never sell another ILMN share, but I'm a realist and I know that's not being realistic. ILMN's all-time high is $183.30.

[update::02014.06.09] Headline seen this morning after our sale. "Illumina Is Up 140% In The Past Year, But Can It Illuminate Your Portfolio Going Forward?" at Seeking Alpha

Friday, June 6, 2014

American Airlines (AAL); Nanosphere (NSPH); Illumina (ILMN)

American Airlines (AAL) continues to make new 52-week highs and it has moved into 4th position in the GDT::Portfolio swapping spots with iRobot (IRBT).

Nanosphere (NSPH) is only few cents above its 52-week low. NSPH has fallen to #17 in the GDT::Portfolio and this really sucks. I am considering buying some more NSPH at $1.30.

Illumina (ILMN) was up almost 7% for the week ending today (02014.06.06) and it is currently at #2 in the GDT::Portfolio. I have an order to sell some ILMN at 54 $Pi ($169.65).

Tuesday, June 3, 2014

Cray (CRAY) Going Down, DOwn, DOWn, DOWN

Cray (CRAY) keeps falling toward its 52-week low. Right now (02014.06.03 at 9:16am MST), CRAY is down more than Pi% at $25.28. 52-week range: $18.04 - $42.09. On 21 March 02014 CRAY hit a new 52-week high of $42.09; therefore, in less than three month, CRAY has decrease ~40%. At is current price CRAY has a PSR (Price Sales Ratio) of 2.00, which I consider low for a company that is involved in supercomputing (HPC) and "big data."

Monday, June 2, 2014

Sold Some American Airlines (AAL) at 13 $Pi ($40.84)

American Airlines (AAL) has been making new 52-week highs, so I sold some AAL today (02014.06.02) at 13 $Pi ($40.84).

Sold Some iRobot (IRBT) at $35.27

Sold some iRobot (IRBT) today (02014.06.02) at $35.27. I remain bullish on IRBT, but needed to raise some cash.