Tuesday, September 22, 2015

Red Hat (RHT) Continues to Grow (and Make Money)

Red Hat (RHT) continues to grow. The company reported 2Q'16 results after the market closed yesterday (02015.09.21). I liked the following from the press release:

"We exceeded guidance across a number of financial metrics."

"Operating cash flow was $120 million for the second quarter, an increase of 12% on a year-over-year basis. Total cash, cash equivalents and investments as of August 31, 2015 was $2.0 billion after repurchasing approximately $70 million, or approximately 895 thousand shares, of common stock in the second quarter. As of August 31, 2015, the remaining balance in the current repurchase authorization was approximately $430 million."

"The full year revenue guidance is increased..."

RHT closed yesterday (02015.09.21) at $72.72. 52-week range: $52.53 - $81.49. RHT opened down today (02015.09.22) at $71.45.

Tuesday, September 8, 2015

Nanosphere (NSPH) Spikes Up, But Can't Sustain the Huge Gain

Nanosphere (NSPH) issued a press release titled "Nanosphere Receives FDA Clearance for First-of-Its-Kind Flexible Respiratory Pathogens Test" prior to the market opening today (02015.09.08).

Previous close: $2.70; open $3.38; intra-day high: $3.64; close: $2.86 (up 5.93%). Volume was 9 million vs. trailing-3-month average of 85,739. There are 7.38 million NSPH shares with ~20% closely held.

NSPH 52-week range: $2.06 - $25.40.

Tuesday, September 1, 2015

Axion Power Intl. (AXPW) Has a Huge Up Day

Axion Power International (AXPW) is a GDT::Portfolio bottom-feeder; however, yesterday (02015.08.31) was an interesting day the stock.

Previous close: $1.06; intra-day high: $3.85; closing price: $2.55 (up ~141%). Volume was almost 10 million vs. 0.5 million. There are ~3.5 million shares.

Press release posted after the market close yesterday: "Notification of Failure to Satisfy a Continued Listing Rule or Standard." Axion Power Intl. has an approximate shareholders equity of $570,824.