CLFD, GNLB, and HAUP
I got a trial membership at Vectorvest.com this month. They currently have a buy recommendation on three stocks within our wheelhouse:
CLFD 1.26 +.12
HAUP 1.12 +.02
GNLB 1.29 +.01
CLFD and HAUP both have marketcaps below cash value.
Xenonics Fiscal 2008 Revenue Doubled to $10.2 Million
XENONICS HOLDINGS, INC. (AMEX: XNN) announced today that revenue for the fiscal year ended September 30, 2008 increased 104% to $10.2 million from $5.0 million for fiscal 2007. The net loss for fiscal 2008 narrowed to $1.4 million, or $0.07 per share, which included $963,000 in R&D expenses and $241,000 in non-cash stock-based compensation expenses. For fiscal 2007, the net loss was $4.0 million, or $0.22 per share.
“Xenonics’ improved operating performance for fiscal 2008 versus fiscal 2007 was driven by higher shipments of our NightHunter high-intensity illumination devices to U.S. Army, U.S. Marines and military distributors, and sales of our patented SuperVision high-definition night vision products to more than 100 police and government agencies throughout the United States. Looking forward, with more than $11 million in Operational Needs Statements requesting funding for purchases of NightHunter 3 already submitted by military units, and the growth we are generating in our SuperVision customer base in both the U.S. and abroad, we believe that revenue can double again in fiscal 2009 and the Company can deliver a profit for the year,” said Chief Executive Officer Chuck Hunter.
Click here for complete article
Flow International (FLOW) Sees Insider Buying
StreetInsider.com reported yesterday (12/11) that Flow International (Nasdaq: FLOW) CEO Charles Brown disclosed he bought 95,000 shares from 12/9-12/10 and Director, Lorenzo Lamadrid disclosed that he bought 20,000 shares on 12/11.
It should also be noted that large Flow International shareholder, Dan Loeb of Third Point LLC, recently disclosed he cut his share by over 2 million shares to 4.7%.
Shares of Flow International closed today at 1.99 up 15% and was up 9% yesterday. The 52-week range is $1.21-$11.40.
Flow International Corporation, together with its subsidiaries, engages in designing, developing, manufacturing, marketing, installing, and servicing ultrahigh-pressure waterjet technology.
MKRS Insiders are buying
Two MKRS insiders Officer Thomas Meaney and Director Paul Casner recently bought shares at .22.
MKRS closed today at .20
Donald Trump Owns a Penny Stock Company
Donald Trump’s casino company Trump Entertainment TRMP is currently trading at 25 cents. Burdened by debt and a bad eceonomy the Atlantic City based company is trying to unload one of its properties, the Trump Marina in order to avoid bankruptcy. A 53 million interest payment was not paid on Monday prompting S&P to cut the company’s corporate credit rating to “D. “ That’d D for Donald. See links for more info.
