Tuesday, June 25, 2013

Bought Some More Facebook (FB) at 7.5 $Pi ($23.56)

Title from Stocks::Stuffer posting on 02013.06.16: "Facebook (FB) Buy Order Has Been Entered". The order was placed when FB was at $23.63 and the buy price was $23.56 (i.e. 7.5 $Pi).

Friday, June 21, 2013

iRobot (IRBT) and Mace Security (MACE) End a Bad Week Nicely

Today ended a bad week for many of the GDT::Portfolio stocks; however, iRobot (IRBT) and Mace Security (MACE) had good days today (02013.06.20).

IRBT closed at $38.00, up 1.71%, but trading volume was 9.5 times the trailing-3-month average. Some brokerage firm increased their IRBT target price to $45.

MACE closed at $0.435, up 14%+, on trading volume that was 12.8 times the trailing-3-month average. MACE made a new 52-week high today (02013.06.20).

Wednesday, June 19, 2013

Red Hat (RHT) Reports 1Q'14 Results

Red Hat (RHT) reported 1Q'14 results after the market closed today (02013.06.19).
"The first quarter was a solid start to Fiscal 2014, with both revenue and profitability coming in above the high-end of our guidance. We delivered mid-teens revenue growth driven by customer demand for innovative open source technologies based on a high-value subscription model." -- Jim Whitehurst, President and CEO

I liked this: "Total cash, cash equivalents and investments as of May 31, 2013 was $1.22 billion after repurchasing approximately $179 million, or approximately 3.6 million shares, of common stock in the first quarter."

RHT closed on 02013.06.19 at $46.24. 52-week range: $44.92 - $60.00.

[update::02013.06.20] From this morning (02013.06.20): "Wells Fargo keeps an Outperform rating on the stock." RHT has been making new 52-week lows, so it has not been an 'outperforming' stock. Use of the word "keeps" implies Wells Fargo has had an 'outperform' rating on RHT for an interval of time. Via Google I found this from 02012:03.29: "Wells Fargo maintains an 'Outperform' on Red Hat (NYSE: RHT) price target range raised from $50-55 to $65-$70."

Will Amazon.com (AMZN) Ever Do Another Stock Split?

Amazon.com (AMZN) closed yesterday (02013.06.28) at $281.76. AMZN needs to go up $2.97 in order to hit a new 52-week. AMZN current 52-week high of $284.72 was on 02013.01.25 (i.e. almost five months ago). AMZN nearing $300 has me thinking its time for the company to execute a stock split. During the dot-com heydays of the late 1990s, AMZN split 2:1 on 01998.06.02; 3:1 on 01999.01.05; 2:1 on 01999.09.02. Stocks splits use to be a sign of bullishness, but these days--at least with respect to the stocks I follow--stock splits are a rarity.

To generate a Pi moment, I've placed a good-till-cancel order to sell one AMZN share at $314.16.

Tuesday, June 18, 2013

Hanger (HGR) Hits a New 52-Week High

Hanger (HGR) has been a great GDT::Portfolio stock and today (02013.06.18) HGR hit a new 52-week high. The market's having a good day; none the less, investors seemed to like this news: Hanger enters new 5-year credit agreement to refinance senior secured credit facilities; Expects annualized accretive impact of $0.12 to $0.13 per diluted share. I have a good-till-cancel order to sell some HGR at 11 $Pi ($34.56). HGR closed yesterday (02013.06.17) at $31.90 and today it's intra-day/new-52-week high has been $32.96.

Monday, June 17, 2013

Sold Some iRobot (IRBT) at 12 $Pi ($37.70)

iRobot (IRBT) spiked today (02013.06.17) to a new 52-week high and I had to sell some shares to generate a Pi moment. Placed an order to sell IRBT at 12 $Pi ($37.70; a dozen Pi dollars). The transaction got executed at $37.81.

Geeknet (GKNT) Wants To Buy GKNT Shares

Geeknet (GKNT) is one of the most important investments in GDT::Portfolio. Today (02013.06.17), Geeknet posted the following press release: Geeknet, Inc. Commences Self Tender Offer to Purchase up to 400,000 Shares. Geeknet believes GKNT shares are a good buy and the company has cash to buy shares. $12 - $14 is Geeknet's buy price interval.

GKNT closed yesterday (02013.06.16) at $13.00. This morning GKNT spiked to $14.04 on the news.