MDBX (MedBox) is a Bit Volatile

Stocks::Stuffer posting from 5 December 02012...

MedBox Added To GDT::WatchList
MedBox (MDBX) is not a GDT::Portfolio stock, but W. Hollywood, CA-based company's stock has had an interesting trading history. Went public at $3.25 on 29 Aug 02012; hit an intra-day low of $0.05 on 28 Sep 02012; hit an intra-day high of $215.00 on 25 Nov 02012; closed at $23.50 on 04 Dec 02012. According to Finance.Yahoo.com, there are approximately 11 million MDBX shares outstanding with an approximate 1.91 million float. On 03 Dec 02012, MedBox issued a press release about a "patent pending storage and retrieval lockbox system called the Lockbox Rx." Prescription Vending Machines, Inc. is a MedBox subsidiary.

MDBX closed at $66.75 on 02012.12.14. The day's range: $61.10 - $110.00.

Apple and Google on 12/12/12

Apple (AAPL) is not a GDT::Portfolio stock, but I like following the company and its stock. Here's a tidbit from yesterday (02012.12.12 [12/12/12]) that I posted to my Facebook today.

12/12/12 is history, but here's a 12/12 tidbit that I missed on 12/12/12. Apple Inc. went public on 12/12/[19]80 and it ended 12/12/80 with a market value of ~$1.778 billion. Apple Inc.'s market value at the end of 12/12/12 was ~$507.03 billion.

AAPL closed yesterday (02012.12.12) at $539.00, well below its 52-week high of $705.07.

Google (GOOG) is a GDT::Portfolio stock and it closed yesterday at $697.56. 52-week range: $556.52 - $774.38. Google Inc.'s market value at the end of 12/12/12 was ~$229.21 billion.

Nanosphere Gets Yet Another FDA Approval

Nanosphere (NSPH) issued a press release on 02012.12.12 having the following headline: "Nanosphere Receives FDA Clearance for C. difficile Test". The press release contained the following quote by CEO Bill Moffitt. "With four new products cleared by the FDA in the last 12 months, we are pleased to lead the market in providing a comprehensive suite of tests that can improve patient outcomes and reduce healthcare spending."

NSPH closed yesterday (02012.12.11) at $2.79. 52-week range: $1.20 - $3.89.

Altair Nanotechnology To Execute 1:6 Stock Split

Altair Nanotechnologies (ALTI) announced it is going to execute a 1:6 stock split (note: this is a reverse stock split). The company needs to get its share price above a buck, but this isn't the first time they've given this try. Altairnano executed a 1:4 stock split on 02010.11.16. ALTI closed yesterday (02012.10.10) at $0.50. 52-week range: $0.40 - $1.00.

~70 million shares split 1:6 implies ~11.67 million shares post-split. The approximate float of 27.4 million shares shrinks to ~4.6 million shares. The $0.50 stock price becomes $3.00.

"We are continuing to build upon these recent successes and believe 2013 will bring much stronger financial performance. Maintaining our listing on the Nasdaq Capital Market is important to our current shareholders and should help us attract a broader range of investors to the company," said CEO Alexander Lee.

Red Hat: A Stock For 02013?

Red Hat (RHT) was one of the stocks to make Evercore Partners list of tech stock picks for 02013. Target price: $68. RHT closed last Friday (02012.12.07) at $49.16. 52-week range: $39.19 - $62.75. If Evercore Partners target price is hit, then that means my accidental quadruple target price of $67.48 will be realized.

Trimble Navigation Hits New 52-Week High

Trimble Navigation (TRMB) hit and closed at a new 52-week high of $56.07 yesterday (02012.12.05). Our investment in TRMB is minimal, yet it's #14 in the GDT::Portfolio. I don't have a target price on these shares, but that's because our investment is small. From Trimble's website: "Positioning-centric information is changing the way people, businesses and governments work throughout the world. By applying Trimble's advanced positioning solutions, productivity increases and safety improvements are being realized."

MedBox Added To GDT::WatchList

MedBox (MDBX) is not a GDT::Portfolio stock, but W. Hollywood, CA-based company's stock has had an interesting trading history. Went public at $3.25 on 29 Aug 02012; hit an intra-day low of $0.05 on 28 Sep 02012; hit an intra-day high of $215.00 on 25 Nov 02012; closed at $23.50 on 04 Dec 02012. According to Finance.Yahoo.com, there are approximately 11 million MDBX shares outstanding with an approximate 1.91 million float. On 03 Dec 02012, MedBox issued a press release about a "patent pending storage and retrieval lockbox system called the Lockbox Rx." Prescription Vending Machines, Inc. is a MedBox subsidiary.