Nanosphere (NSPH) Has an Insider Buy

Nanosphere (NSPH) had an insider buy recorded on 02013.08.22. It was a small buy--10,000 shares at $2.02 per share--but an insider buy is an insider buy.

NSPH closed yesterday (Friday, 02013.08.30) at $2.10. 52-week range: $1.72 - $4.49.

On 02013.08.31, our NSPH was just slightly below water and was #12 in the GDT::Portfolio.

Red Hat (RHT) Continues To Be an Open Source Leader

It's been a while since I last posted about Red Hat (RHT). Today (02013.08.29), Red Hat issued a press release announcing "it has been positioned by Gartner, Inc. in the Leaders quadrant of the Magic Quadrant for On-Premises Application Platforms (1)." I agree with Craig Muzilla's opinion: "In my opinion, Red Hat’s position in Gartner’s Magic Quadrant validates our track record of innovation and proven solutions for application development." -- Craig Muzilla, Red Hat's VP of Middleware.

RHT closed yesterday (02013.08.28) at $50.32. 52-week range: $44.92 - $60.00. My next target price for RHT remains unchanged at $67.48.

Geeknet (GKNT): 13 Days of Consecutive Buying by Kenneth Langone

Geeknet (GKNT) closed Friday (02013.08.23) of last week at $16.54 (up 5.22% for the day). 52-week range: $12.38 - $19.99.

Kenneth Langone has purchased GKNT shares for 13 consecutive trading days (Aug 5th-Aug 21st). I'm not sure what's going to happen to GKNT when Langone stops buying.

Facebook (FB) Nearing $100 Billion Market Value

Facebook (FB) hit a new 52-week high of $40.63 today (02013.08.23).

Facebook went public on 18 May 02012 at $38.00. Intra-day high on the IPO day was $45.00 (current all-time high also). FB closed its first day of trading at $38.23.

FB's 52-week low of $17.55 was on 4 September 02012.

FB closed today (02013.08.23) at $40.54, up 5.16%.

Facebook's market value at the close of 02013.08.23 was $98.73 billion (i.e. ~$100 billion).

NASDAQ Experiences an Unacceptable Length of Downtime

Today (02013.08.22) the NASDAQ was down for a stretch because of "technical" difficulties.

Kratos Defense & Security Solutions (KTOS) Hitting New 52-Week Highs

Kratos Defense & Security Solutions (KTOS) hit a new 52-week high of $7.37 yesterday (02013.08.21) and today it's made another new 52-week high of $7.73. The following is from a press release the company issued yesterday.

Kratos Defense & Security Solutions Inc. \has won a federal defense contract valued at $6 billion over the life of the five-year deal. Under the agreement, Kratos will provide continuous monitoring as a service to the Department of Homeland Security for its 'Continuous Diagnostics and Mitigation Program.' The program is designed to protect federal and government information technology networks from cybersecurity threats."

KTOS 52-week range: $4.08 - $7.73.

Facebook (FB) Gets a Buy Recommendation

Facebook (FB) got a 'Buy' recommendation from Janney Capital. Janney initiated Facebook coverage with a $50 price target.

FB closed yesterday (02013.08.19) at $37.81. 52-week range: $17.55 - $39.32. Right now (02013.08.20 at 7:30am MST) FB at $38.00 is #10 in the GDT::Portfolio.