Thursday, August 27, 2015

Illumina (ILMN) and Google (GOOG/GOOGL) Get 'Buy' Ratings

Illumina (ILMN) headline: "Illumina (ILMN) Stock Initiated with a 'Buy' Rating at Cantor Fitzgerald" [] ILMN closed today (02015.08.27) at $201.94, up 3.19%. 52-week range: $145.12 - $242.37. Volume was only slightly higher than average.

Google (GOOG/GOOGL) got upgraded by Goldman Sacks from 'Neutral' to 'Buy'. [] GOOG closed today (02015.08.27) at $637.61, up 1.43%. 52-week range: $486.23 - $678.64. Volume was only 3.4M vs. 2.3M. GOOGL closed today (02015.08.27) at $667.96, up 1.25%. 52-week range: $490.91 - $713.33. Volume was only 3.8M vs. 2.4M.

Wednesday, August 19, 2015

NeuroMetrix (NURO) Spikes Up, Then Dives

NeuroMetrix (NURO) had a volatile trading day yesterday (02015.08.18). Prior the market opening, NeuroMetrix issued a press release titled "NeuroMetrix Reports Positive Clinical Study Results for Quell™ Wearable Pain Relief Device. NURO opened at $1.20 (up 29%) after a previous day close of $0.93. NURO spiked up to intra-day high of $1.24 before ending day down two cents at $0.91. Volume was 6,064,100 vs. an average volume of 288,450. At the time of this posting (02015.08.19 at 7:50am MST) NURO was down another two cents.

Thursday, August 13, 2015

Trimble Navigation (TRMB) To Buy Back More Shares

Trimble Navigation (TRMB) announced they are will "repurchase of up to $400 million of Trimble's common stock and that it intends to spend at least $150 million of this authorization within the next 6 months." The press release included the following: "The share repurchase authorization does not have an expiration date and replaces the prior authorization of $300 million, which had $177 million remaining as of the end of the second quarter of 2015."

TRMB closed yesterday (2015.08.13) at $19.51. 52-week range: $19.01 - $34.43.

Tuesday, August 11, 2015

Google (GOOG/GOOGL) Creates Alphabet

Google (GOOG/GOOGL) is morphing into Alphabet; however, its stock symbols are not going to change.

I find it interesting that a company whose market value is approaching $500,000,000,000 can change its name to Alphabet.

Alphabet has a fun domain name:

GOOG and GOOGL closed yesterday (02015.08.10) at $633.73 and $663.14, respectively.

Monday, August 10, 2015

NeuroMetrix (NURO) CEO Buys More NURO Shares

NeuroMetrix (NURO) has been a terrible investment for us, but a turn around is possible.

On 2015.08.06 it was reported that Chief Executive Officer, Dr. Shai N. Gozani, purchased NURO shares during July. He bought 33,000 NURO shares on 2015.07.27 at $0.757 and another 17,857 NURO shares on 2015.07.31 at $0.8366.

NURO closed yesterday (2015.08.09) at $0.84. 52-week range: $0.71 - $2.05.

Wednesday, August 5, 2015

Sears Holdings Corp. (SHLD) Hits New 52-Week Low

Sears Holdings Corp. (SHLD) is not a GDT::Portfolio stock, but Sears has been in the news this week and I wanted to comment about it.

7/31/02015: SHLD closed at $21.55
8/03/02015: SHLD opened at $22.51
8/03/02015: Sears released preliminary 2Q'15 results
8/03/02015: SHLD closed at $19.39 [intra-day low $19.09]
8/04/02015: SHLD closed at $20.81 [intra-day low $19.08]

AT $20.81, Sears Holdings Corp. had an approximate market value of $2.22 billion.

SHLD 52-week range: $19.08 - $48.25.

On 4/1/2007, SHLD had an intra-day high of $181.79.