The last two weeks have been absolutely fantastic ones for Galena Biopharma Inc. (NASDAQ:GALE). Shares have soared from $2.37 to the current price of $3.32 – a 40% pop – rewarding investors who had been patiently waiting through late October for the runup to take hold. Congratulations if that’s you. But, if that was you, then now might be a great time to take the money and run with the trade, as GALE looks poised to make a sizeable pullback. More on that in a moment.
If the ticker GALE rings a bell, it might be because yours truly posted a conditionally-bullish outlook on the biotech stock back on November 11th. It was all but bullish. The only final condition I needed to see to deem the stock as trade-worthy was a move above the horizontal ceiling at $2.49. As it turns out, Galena Biopharma shares closed above that line the very next day (the 12th), which would have triggered any buy orders that had been on the fence up until that point. Sure enough, that move was the beginning of a good-sized rally, culminating in today’s 10% surge.
Hot Clean Energy Stocks To Own Right Now: Hannover House Inc (HHSE)
Hannover House, Inc., formerly Target Development Group, Inc., is the parent company of Hannover House. Hannover House is a full service media company, specializing in the production and distribution of feature films onto the digital versatile disc (DVD) format for the North American retail marketplace. As of December 31, 2010, the Company had over 70 DVD titles in active distribution. In June 2012, the Company acquired nine feature films for video release in North America.
Retailers carrying Hannover House products include independently owned and operated retail video stores and book stores, including Barnes & Noble, Best Buy, Blockbuster Video, Borders Group, Fred Meyer Group, Hastings, SAM’S Club, Transworld Group and Wal-Mart. It also includes Internet retailers.
- [By Peter Graham]
Small cap tech or media stocks Thinspace Technology Inc (OTCMKTS: THNS), Beamz Interactive Inc (OTCBB: BZIC) and Hannover House Inc (OTCMKTS: HHSE) have been getting some extra attention lately, but it appears that only one of these stocks has been the subject of a paid promotion. Nevertheless, all three stocks have been busy with press releases trying to get the attention of investors or traders. So are these three small cap tech or media stocks worth your attention? Here is a closer look along with a reality check:
Hot Clean Energy Stocks To Own Right Now: Hyundai Motor Co (HYMTF)
HYUNDAI MOTOR COMPANY is a Korea-based company principally engaged in the manufacture and distribution of automobiles and automobile parts. Along with its subsidiaries, the Company operates in three business divisions: vehicle division, financial division and other business division. Its vehicle division manufactures automobiles under the brand names of Genesis, Tucson, Equus, Veloster, Azera, Sonata, Elantra, Accent and others, and commercial vehicles, including trucks, buses, special vehicles and others, as well as provides automobile maintenance services and related components. Its financial division mainly provides automobile financing services and credit card services. Its other business division includes construction of railways and others. Advisors’ Opinion:
- [By Analyse360Degree]
Honda (HMC) recorded sales increase of 1% to 132,456 vehicles, while Hyundai Motor (HYMTF) volumes rose 4% – thanks to its subcompact Accent, Sonata sedan, and Sante Fe sports vehicle. However, German auto major Volkswagen (VLKAY) continues to struggle in the U.S. and saw shrinking volumes of 30,831 vehicles, a fall of 8.4% against last year. Volkswagen’s Golf and Beetle performed poorly as sales saw a sharp drop of 31% and 28%, respectively.
- [By Live investor]
Although Camry’s been the highest selling model in the U.S. in the past 12 year, competition is tightening as Ford (F), Nissan (NSANY), Honda (HMC), and Hyundai (HYMTF) are luring customers with their stylish offerings. Honda last redesigned its Accord in 2013, and this year it’s Hyundai, which unveiled the all new 2015 Sonata. What’s challenging for Toyota is that German luxury giant Mercedes-Benz has introduced cars within the $30,000 range that invades the territory of the Camry. Ford Fusion and Nissan Altima have earned positive response from buyer and critics as well. Credit goes to the car engineers who have paid great attention in designing the car, making it look stylish.
Hot Clean Energy Stocks To Own Right Now: Perfect World Co. Ltd.(PWRD)
Perfect World Co., Ltd., through its subsidiaries, engages in the research, development, operation, and licensing of online games primarily in the People?s Republic of China, the United States, and the Rest of Asia. It develops online games based on its game engines and game development platforms. The company?s 3D massively multiplayer online role playing games (MMORPGs) include Perfect World, an adventure and fantasy game with traditional Chinese settings; Legend of Martial Arts, an adventure story of Chinese swordsmen set in an ancient kingdom; and Perfect World II, which is set in a similar content and graphic background as Perfect World. It also offers Zhu Xian that is based on martial arts focused adventure set in a fantasy world; Chi Bi, a war story developed based on ancient Chinese history known as the Three Kingdoms; Hot Dance Party, a 3D online casual game; Pocketpet Journey West, a 3D MMORPG based on the classical novel of Chinese literature, Journey to the West ; Battle of the Immortals, a mysterious adventure, which enables game players to travel between eastern and western cultures, and adventures in historic sites and turf wars; and Fantasy Zhu Xian, a 2D turn-based MMORPG based on the Internet fantasy novel Zhu Xian. It also involves in the production and distribution of films, as well as television advertising activities. The company was founded in 2004 and is based in Beijing, the People?s Republic of China.
- [By Monica Gerson]
Perfect World Co (NASDAQ: PWRD) is estimated to post its Q2 earnings at $0.41 per share on revenue of $150.56 million.
China Ceramics Co (NASDAQ: CCCL) is expected to report its Q2 earnings.
- [By Monica Gerson]
Perfect World Co (NASDAQ: PWRD) is expected to post its Q4 earnings at $0.43 per share on revenue of $142.11 million.
TICC Capital (NASDAQ: TICC) is estimated to report its Q4 earnings at $0.28 per share on revenue of $28.43 million.
- [By Lauren Pollock]
Perfect World Co.’s(PWRD) third-quarter profit rose 40% due largely to a revenue boost from the Chinese company’s core online-games business. American depositary shares of Perfect World were up 6% at $20 premarket as the company’s results for the period beat expectations.
- [By Kevin Chen]
Two companies that seem on an unstoppable path of profits are Giant Interactive (NYSE: GA ) and NetEase (NASDAQ: NTES ) . Meanwhile, Shanda Games (NASDAQ: GAME ) and Perfect World (NASDAQ: PWRD ) haven’t done as well.
Hot Clean Energy Stocks To Own Right Now: Euler Hermes SA (ELE)
Euler Hermes SA is a France-based credit insurance company. It offers a range of services, including loan assurance, risk assessment, trade debt collection, compensation of losses due to buyer insolvency, bonding and guarantees for companies, reinsurance of loans to individuals and fidelity insurance covering companies against financial loss caused by fraudulent acts. It operates a number of subsidiaries, including Euler Hermes SFAC, Euler Hermes ACI Holding Inc., Euler Hermes Reinsurance AG, among others. On January 1, 2012, the Company completed the simplification of its legal structure in Europe by grouping 13 of its former subsidiaries into one insurance company, Euler Hermes Europe, located in Brussels. Advisors’ Opinion:
- [By Sarah Jones]
Iberdrola SA (IBE), Spain’s biggest power company, fell 3.4 percent to 3.87 euros. Endesa SA (ELE) slumped 4.6 percent to 16 euros, while Acciona SA (ANA), which owns more than 4 gigawatts of wind farms in the country, tumbled 8.5 percent to 37.95 euros. Red Electrica Corp. slid 7.5 percent to 38.34 euros.
Hot Clean Energy Stocks To Own Right Now: W&T Offshore Inc.(WTI)
W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties primarily in the Gulf of Mexico. The company holds working interests in approximately 58 producing and 2 capable of producing offshore fields in federal and state waters. As of December 31, 2011, it had interests in offshore leases covering approximately 0.8 million gross acres in the coasts of Louisiana, Texas, Mississippi and Alabama, as well as onshore leasehold interest in approximately 0.2 million gross acres in Texas; proved reserves of 116.9 million barrels of oil equivalent (MMBoe); and proved undeveloped reserves of 40.5 MMBoe. The company was founded in 1983 and is headquartered in Houston, Texas.
- [By RichardCox]
Bullish momentum in oil prices has been one of this year’s driving market stories. Even with the declines seen in recent weeks, West Texas Intermediate crude (WTI) is showing year-to-date gains of more than 21%:
- [By John Udovich]
Yesterday, small cap Energy XXI (Bermuda) Limited (NASDAQ: EXXI) announced a deal to acquire EPL Oil & Gas Inc (NYSE: EPL) to create the largest publicly held independent oil producer on the Gulf of Mexico shelf, meaning it might be a good idea to look at other small cap Gulf oil stocks like W&T Offshore, Inc (NYSE: WTI), Stone Energy Corporation (NYSE: SGY) and Contango Oil & Gas Company (NYSEMKT: MCF). Energy XXI’s CEO John Schiller has talked about the details of the acquisition with Jim Cramer on CNBC’s “Mad Money” and he noted that EPL Oil & Gas offers areas of expertise that EXXI currently lacks. However, investors who missed out on yesterday’s 29% surge for EPL Oil & Gas may want to check out these other small cap Gulf Oil stocks:
Hot Clean Energy Stocks To Own Right Now: The Fresh Market Inc.(TFM)
The Fresh Market, Inc. operates as a specialty grocery retailer. The company offers various perishable product categories, including meat, seafood, produce, deli, bakery, floral, sushi, and prepared foods; and non-perishable product categories, such as traditional grocery and dairy products, as well as specialty foods, which include bulk, coffee and candy, and beer and wine. As of March 20, 2012, it operated 115 stores in 21 states located in the southeast, midwest, mid-Atlantic, and northeast of United States. The company was founded in 1981 and is headquartered in Greensboro, North Carolina.
- [By Ali Berri]
Shares of The Fresh Market (NASDAQ: TFM) got a boost, shooting up 7.62 percent to $32.75 after the company reported better-than-expected Q2 earnings. Analysts at BB&T Capital upgraded Fresh Market from Hold to Buy.
- [By Roberto Pedone]
Another potential earnings short-squeeze trade idea is specialty food retailer The Fresh Market (TFM), which is set to release its numbers on Thursday after the market close. Wall Street analysts, on average, expect The Fresh Market to report revenue $411.85 million on earnings of 35 cents per share.
Read More: 5 Stocks With Big Insider Buying
The current short interest as a percentage of the float for The Fresh Market is extremely high at 28.7%. That means that out of the 43.88 million shares in the tradable float, 12.63 million shares are sold short by the bears. This is a monster short interest on a stock with a relatively low tradable float. Any bullish earnings news could easily set off a large short-covering rally post-earnings that forces the bears to cover some of their positions.
From a technical perspective, TFM is currently trending below both its 50-day and 200-day moving averages, which is bearish. This stock recently formed a double bottom chart pattern at $28.60 to $29.31 a share. Following that bottom, shares of TFM have started to uptrend and move within range of triggering a near-term breakout trade post-earnings above some key overhead resistance levels.
If you’re in the bull camp on TFM, then I would wait until after its report and look for long-biased trades if this stock manages to break out above some near-term overhead resistance levels at $31.77 to $32.79 a share with high volume. Look for volume on that move that hits near or above its three-month average volume of 940,711 shares. If that breakout starts post-earnings, then TFM will set up to re-test or possibly take out its next major overhead resistance levels at $35.89 to $38 a share, or even $40 to $42.50 a share.
I would simply avoid TFM or look for short-biased trades if after earnings it fails to trigger that breakout and then drops back below some key near-term support levels at $29.31 to its 52-week low of $28.60 a share with high volume. If we