Wednesday, March 23, 2016

Red Hat (RHT) Reports 4Q'16 Results

Red Hat (RHT) reported 4Q'16 results after the market closed yesterday (02016.03.22) and today (at 11:06am EDT) RHT is down almost 4% at $72.77. 52-week range: $59.59 - $84.44.

From the company's press release.

"Enterprises increasingly adopting hybrid cloud infrastructures and open source technologies drove our strong results. The fourth quarter marked our 56th consecutive quarter of revenue growth, contributing to Red Hat’s first fiscal year crossing $2 billion in total revenue," stated Jim Whitehurst, President and Chief Executive Officer of Red Hat.

On 02016.02.29, Red Hat $2.0 billion in cash and still had $237 million reserved to buyback RHT shares.

Thursday, March 10, 2016

Vericel (VCEL) Pops on Huge Volume

Vericel (VCEL) closed today (02016.03.10) at $3.95, up 86.32%. Prior to the market opening the company issued a press having the headline: Vericel Announces Positive Top-Line Results From Phase 2b ixCELL-DCM Clinical Trial of Ixmyelocel-T in Patients With Heart Failure Due to Ischemic Dilated Cardiomyopathy.

Previous close was $2.12. VCEL opened at $3.95 and hit an intra-day high of $4.90 (up 131%) before closing at $3.95. Volume was 29.8 million vs. 49,403.

About the volume... There are ~23.8 million VCEL shares and the float is ~15.3M. Today's volume was 29.8 million (i.e almost 2-times the float).

Monday, February 29, 2016

Hanger (HGR) Delisted From the NYSE; Now It's HNGR on OTC Pink

Hanger (HGR) is now HNGR because the stock has gone from being listed on the NYSE to the OTC Pink.

Hanger's accounting system is majorily foo'ed up.

HGR closed last week (02016.02.26) at $12+.

Hanger has been a great investment for the GDT::Portfolio, but once again I'm paying a price for being a long-term investor.

Wednesday, February 24, 2016

First Solar (FLSR) Spikes Up on 4Q'15 Results

First Solar (FLSR) was up 12+% today (02016.02.24) after reporting 4Q'15 results. FSLR's intra-day high was $70.57 (not a new 52-week high). 52-week range: $40.25 - $72.12.

FSLR closed today (02016.02.24) at $69.45. Volume was 7.7M vs. 2.5M.

Friday, February 19, 2016

Cray (CRAY) -- Chart Hints at Potential 16 $Pi Moment ($50.27)

Cray (CRAY) hit a new 52-week high of $42.48 two days ago on 02016.02.17. CRAY has closed above $40 for three days in a row.

The embedded chart hints to me that CRAY could spike to $50+.

#CRAY = #Supercomputing and #BigData

Thursday, February 4, 2016

iRobots (IRBT) Sells Its Defense Business

iRobot (IRBT) press release on 02016.02.04: "iRobot Announces Sale of Defense & Security Business to Arlington Capital Partners". I'm a bit bummed with this because it seems robotic soldiers/devices is the future of war.

iRobot also announced that it will "expand its current share repurchase initiative by $65 million, including the expected proceeds from the transaction, bringing the total 2016 program to more than $100 million."

IRBT closed yesterday (02016.02.03) at $32.43. 52-week range: $27.55 - $37.71.

Wednesday, February 3, 2016

Yahoo! (YHOO) Dumps and Hits a New 52-Week Low

Yahoo! (YHOO) hit a new 52-week low of $27.15 this morning (02016.02.03) after reporting 4Q'15 results. My guess is YHOO will make yet another 52-week low before the market closes today. Yahoo! announced it was going to fire a bunch of Yahoo!'s, but the workforce reduction was not considered good news by Wall Street. I'm a fan of Yahoo! CEO Marissa Mayer (she's on my computing Dream Team), but my patience for her to implement a turn around has become a decaying function of time.