Archive for June 2011

Research In Motion sinks after Management Recognized Weaknesses

Research In Motion Limited’s (NASDAQ: RIMM) shares plummeted 22% last Friday to $27.75, the company’s lowest price since 2006. The plunge came after RIMM reported disappointing results for its Q1 fiscal year 2012 and cut down its full-year guidance. - Continue Reading »

Stock Alert for Javalution Coffee Co. (JCOF)

Javalution Coffee Co. (JCOF) is a fully vertical coffee roasting and distribution company, owner of the Direct Marketing Brand, JavaFit, and the retail brand, Café La Rica.  The Company is also category creator of functional gourmet coffee.  JCOF reported revenue of $1.45 million for the first quarter of 2011, an increase of 75% over the same period in 2010.  JCOF - Continue Reading »

Stock Alert for The Wet Seal Inc. (WTSLA)

The Wet Seal Inc. (WTSLA) is a national specialty retailer of fashionable and contemporary apparel and accessory items for young women. As of May 28, 2011, the Company operated a total of 538 stores in 47 states and Puerto Rico, including 456 Wet Seal stores and 82 Arden B stores.  WTSLA maintains a Web-based store located at www.wetseal.com and at - Continue Reading »

Stock Alert for BPZ Resources Inc. (BPZ)

BPZ Resources Inc. (BPZ) is an independent oil and gas exploration and production company which has exclusive license contracts for oil and gas exploration and production covering approximately 2.2 million acres in four properties in northwest Peru. The Company is currently executing the development in Block Z-1 of the Corvina oil discovery, as well as the redevelopment of the Albacora - Continue Reading »

Steel Dynamics Review; Q2 Earnings forecast to Miss Estimates

Steel Dynamics Review; Q2 Earnings forecast to Miss Estimates

Steel Dynamics Inc. (NASDAQ: STLD), a Fort Wayne, Indiana-based steel producer and metals recycler in the U.S., on Thursday provided second-quarter earnings guidance. Shares slumped more than 2% in this morning’s trade. Steel Dynamics said that it expects second-quarter earnings to come in between $0.35 per share and $0.40 per share, which is lower than the company’s first-quarter earnings of - Continue Reading »

Stock Alert for Allos Therapeutics Inc. (ALTH)

Allos Therapeutics Inc. (ALTH) is a biopharmaceutical company engaged in the development and commercialization of anti-cancer therapeutics. The Company is focused on the development and commercialization of FOLOTYN (pralatrexate injection). FOLOTYN is a targeted antifolate inhibitor designed to accumulate preferentially in cancer cells. FOLOTYN targets the inhibition of dihydrofolate reductase (DHFR), an enzyme critical in the folate pathway, thereby interfering - Continue Reading »

Stock Alert for Odyssey Marine Exploration (OMEX)

Odyssey Marine Exploration Inc. (OMEX) is engaged in deep-ocean exploration using innovative methods and state-of-the-art technology. The Company has established leadership in the field of shipwreck exploration, conducting extensive search and archaeological recovery operations on deep-ocean shipwrecks around the world. It also owns approximately 41% of Dorado Ocean Resources, a company formed in 2010 to discover and commercialize high-value mineral - Continue Reading »

Stock Alert for Renren Inc. (RENN)

Renren Inc. (RENN) operates a social networking Internet platform in China.  Its platform enables users to connect and communicate with each other, share information and user generated content, play online games, listen to music, shop for deals and enjoy a wide range of other features and services. RENN’s platform includes the main social networking Web site renren.com, the online games - Continue Reading »

Small-cap Review; Rare Element Resources updates on Reserves Estimates Upgrade

Rare Element Resources Ltd. (AMEX: REE) surged 4% to $10.25 yesterday after the company reported that its Bear Lodge project has more rare earth minerals ((REMs) than was initially estimated. Shares lost momentum this morning, slipping more than 1% after the opening bell. REE boosted the indicated mineral resource estimate by approximately 20% to 4.9 million tons of 3.77% rare - Continue Reading »

Stock Alert for Pandora Media Inc. (P)

Pandora Media Inc. (P) is an Internet radio company in the United States. As of January 31, 2011, it had more than 80 million registered users. The Music Genome Project and its playlist generating algorithms enable it to deliver personalized radio to its listeners. When a listener enters a single song, artist or genre to start a station, a process - Continue Reading »