Saturday, August 31, 2013

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.

Thursday, August 29, 2013

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.

Sunday, August 25, 2013

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.

Friday, August 23, 2013

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).

Thursday, August 22, 2013

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.

Tuesday, August 20, 2013

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.

Friday, August 16, 2013

Some Good News Concerning Mace Security Intl. (MACE)

Mace Security International (MACE) has had some insider buying, although I haven't seen it on Yahoo! Finance. Business Wire reported that "senior management has purchased 149,000 shares of Mace stock in the open market (MACE) through the 2nd quarter of 2013."

The following tweet is from yesterday (02013.08.15).

Requests for Mace® Brand Pepper Sprays Continue to Increase Across the Country - Yahoo! Finance via @YahooFinance

It appears as though mace users use Mace's mace.

MACE closed yesterday (02013.08.15) at $0.54. 52-week range: $0.16 - $0.59.

Thursday, August 15, 2013

Bought Some More Aastrom Biosciences (ASTM) at $0.30

I must need my head examined, but I bought some more ASTM today (02013.08.15) at $0.30. The ASTM purchase adjusts the GDT::Portfolio so that it has equal sized investments in Aastrom Bioscience (ASTM) and StemCells (STEM).

Wednesday, August 14, 2013

US Airways (LCC) Takes a Hits

US Airways (LCC) has taken a hit because there are attempts to block the company's merger with American Airlines. Two weeks ago (August 1st) LCC hit an intra-day high of $19.59. Yesterday (02013.08.13) LCC closed at $16.36 and so far today it has had intra-day low of $15.35. The problem is with the U.S. Justice Department along with attorneys general of six states and the District of Columbia. LCC's 52-week range: $9.90 - $19.70.

Tuesday, August 13, 2013

Aastrom Biosciences (ASTM) Crashes Again

Aastrom Biosciences (ASTM) lost almost 50% of its market value today (02013.08.13) when the market opened. Copying from
InPlay: Aastrom Biosciences prices public offering of 29 mln shares of its common stock, and warrants to purchase up to an aggregate of 29 mln shares of common stock, at $0.30 per share (shares halted)

ASTM closed yesterday at $0.53 and today it opened at $0.31. One week ago, on August 6th, ASTM hit an intra-day high of $0.89.

Title of a Stocks::Stuffer posting from August 3rd: "Aastrom Biosciences (ASTM) Spikes Up--Why?"

Let the shareholder class action suits begin.

Friday, August 9, 2013

Cray (CRAY) Hits New 52-Week High

Cray (CRAY) hit a new 52-week high yesterday (02013.08.08) of $28.42 before closing at $28.01. 52-week range: $11.11 - $28.42.

Thursday, August 8, 2013

Geeknet (GKNT) Insider Buying by Kenneth Langone

Geeknet (GKNT) had some insider buying on August 5th and 6th. Kenneth Langone added to is GKNT holdings buying 9,136 shares at ~$15.14 per share. Langone is a former CEO and Chairman of the Board of Geeknet. Langone is still a Geeknet Director. It appears as though Langone owns ~4.2% of the GKNT shares.

GKNT closed yesterday (02013.08.07) $15.09. 52-week range: $12.38 - $19.99. Trailing-three-month trading volume: 32,366.

Wednesday, August 7, 2013

Nanosphere (NSPH) Poised to Crash?

Nanosphere (NSPH) reported 2Q'13 results and today (02013.08.07) NSPH is probably going to crash. From the 2Q'13 press release:
"However, our experience with our initial customer base has clearly taken considerably longer than anticipated which will necessitate a reset of our 2013 revenue guidance from $13 million to $15 million to a range of $10 million to $11 million and 150 to 200 placements from 200 to 250 placements."

Many investors don't want to hear the CEO say, "This recast reflects the extended timeline from three months of time to implementation to approximately eight months."

NSPH closed yesterday (02013.08.06) at $2.92. 52-week range: $1.72 - $4.49.

[update::02013.08.07] The market has yet to open. "Jefferies downgraded Nanosphere citing limited near-term visibility following the company's Q2 miss. The firm lowered its price target for shares to $2 from $5.50."

[update::02013.08.07] NSPH closed at $2.07, down almost 30% for the day. Volume was 5.1 million vs. 0.8 million. Previous close was $2.92; opened at $2.29; intra-day low $1.95; closed at $2.07. I added to our NSPH holdings buying some NSPH at $2.06.

Saturday, August 3, 2013

Aastrom Biosciences (ASTM) Spikes Up--Why?

Aastrom Biosciences (ASTM) spiked on Friday, 02013.08.02, and I don't know why. ASTM has been a terrible investment for the GDT::Portfolio, so I am skeptical of yesterday's 35.6% gain.

ASTM closed on 02013.08.02 at $0.59. Intra-day high was $0.68. 52-week range: $0.33 - $1.94. Volume was 3.87 million vs. 0.37 million.

ASTM crashed during March of this year.

[update::02013.08.05] ASTM closed today at $0.77, up 31.2%. Volume was 4.44 million vs. 0.37 million. Still, from my vantage point, there's been no news.

Friday, August 2, 2013

Sold Some Cray (CRAY); CRAY Spikes Up on 2Q'13 Results

Cray (CRAY) had a great day yesterday (02013.08.01).

I sold some CRAY at $25.80 (market price). Previous close was $23.17.

CRAY closed yesterday at $28.80. 52-week range: $11.11 - $28.29.

Thursday, August 1, 2013

Hanger (HGR) Dumps on 2Q'13 Results

Hanger (HGR) took a hit today (02013.08.01) after reporting 2Q'13 results. Five day chart.

Yesterday, prior to the release 2Q'13 results, HGR hit a new 52-week high of $37.39. Right now: $31.01, $5.91(16.01%) at 11:33AM EDT.