ETAK- Elephant Talk released preliminary 4Q12 and 2012 results. Preliminary 4Q12 results:
Mobile and Security revenue was approximately $3.4 million, a year-over-year increase of about 76.7%
Mobile and Security revenue accounted for an estimated 51% of total revenue in the fourth quarter, up from 44% and 23% of total revenue in 3Q12 and 4Q11, respectively
Gross Margin (revenue minus cost of services), a non-GAAP measure, increased approximately 69% to about $2.5 million for the fourth quarter representing about 37% of total revenue. Gross Margin for 4Q11 was $1.5 million, accounting for 18% of total revenue
Preliminary 2012 results: Mobile and Security revenue for 2012 [[color=blue]u]almost doubled to approximately $11.5[/color] million from $5.8 million in 2011
Gross Margin (revenue minus cost of services), a non-GAAP measure, increased approximately 132% to about $8.2 million and represented around 28% of total revenue. Gross Margin for 2011 was $3.5 million accounting for 11% of total revenue
DCTH - Delcath Systems represents a unique opportunity with an existing liver cancer treatment approved in the European Union and upcoming catalysts for U.S. approval. In addition to the three points above, the company is well capitalized with $28.3 million in cash, up to $35 million in committed equity financing, and no debt. Combined, these elements make this stock an interesting story in the cancer treatment space worth following.
ZNGA Zynga has over 311 million active users that use its gaming platform on web and mobile. Although that is nothing compared to Facebook's (FB) one billion total users, it is still way ahead of LinkedIn (LNKD) which has just 187 million total users.
Zynga The Cash King
According to Zynga's Third Quarter 2012 Financial Results, as of September 30, 2012, Zynga has cash, cash equivalents and marketable securities worth approximately $1.6 billion.
AEZS - In recent weeks, a number of equity research companies have upgraded their recommendation for Aeterna Zentaris to more bullish outlooks. MLV Equity upgraded AEZS shares to a "Buy" rating and currently has $5.50 price target on the stock. Zacks upgraded AEZS shares to an "Outperform" rating and currently has a $2.90 price target on the stock. Analysts at McNicoll Lewis & Vlak have also upgraded AEZS shares to a "Buy" rating. A look at overall analyst opinions reveals that the bullish outlook on AEZS is not held by everyone, but rather held by those who have most recently re-evaluated the company.
Aeterna offers a large cash surplus, several impending milestones, partnership potential, the recent bullish outlook of analysts, and a low price with minimal downside risk. With all of these factors in mind, it may be time for a second look at this rebounding biotech.
Prospect Global Resources (PGRX) is an exploration stage company engaged in the exploration and mining of potash in the Holbrook Basin of eastern Arizona. This stock closed up 13.8% to $1.56 in recent trading.
Today’s Range: $1.38-$1.56
52-Week Range: $1.16-$10.50
Volume: 430,000
Three-Month Average Volume: 225,912
From a technical perspective, PGRX soared higher Wednesday back above its 50-day moving average of $1.50 with above-average volume. This move is pushing shares of PGRX within range of triggering a near-term breakout trade. That trade will hit if PGRX manages to take out some near-term overhead resistance levels at $1.59 to $1.84 with high volume.
Traders should now look for long-biased trades in PGRX as long as it’s trending its 50-day at $1.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 225,912 shares. If that breakout triggers soon, then PGRX will set up to re-test or possibly take out its next major overhead resistance levels at $2 to $2.25. Any high-volume move above $2.25 will then put $2.50 to $3 into range for shares of PGRX.
COGO is a company operating within the tech sector that specializes in communications equipment. COGO provides specialty designs for mobile headsets and various telecommunications equipments including optical technology, data communications, and wireless band stations. On the mobile side, COGO serves as a provider of LCDs, cameras, sound systems, power supply, and high-speed data storage. Further detail on specific products and services can be retrieved from COGO's company website.
COGO operations support two streams of revenue:
Product sales - This is comprised of revenues generated by providing customized module design solutions focusing in the digital media, telecommunications equipments, and industrial business end-markets.
Service revenue - This revenue is generated by providing technology and engineering services, network system integration and related training, and maintenance services.
COGO revealed a slight decline in market value over the course of the previous one year holding period. However, COGO gained stability, establishing a strong support line at $2 per share. COGO is currently trading right above $2 per share and six analysts covering the stock have a median price target of $5 per share.