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ADMD Research Out and MJNA Rebounds |
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Yesterday's Top Performer |
Company: Advanced Medical Isotope Corp. (OTCQB: ADMD)
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End of Day: Price: 0.07 Change (%): + 0.00 (0.00) Volume: 0 |
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Initiate Coverage Of Advanced Medical Isotope With A SPECULATIVE BUY Rating And A 0.75 Price Target In our opinion, ADMD is poised for substantial growth with company’s groundbreaking brachytherapy technology nearing commercialization. We also deem that ADMD’s expected launch of an isotope production facility in Los Angeles is on track, which will give the company access to a new, larger medical market. Through the co - venture, we expect ADMD to release seven new, in demand isotopes. We do consider the ability to obtain future c apital to finance ADMD’s project pipeline a substantial risk, thus our price target is based on a peer average multiple, significantly less than ADMD’s current multiple. The eight comparable companies in our valuation model trade at a price/sales multiple of 4x trailing 12 - month revenue compared to ADMD’s 19x trailing. View Report
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Hot Stock to Watch
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Company: Medical Marijuana Inc. (Pink Sheets: MJNA)
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Last: Price: 0.116 Change (%): + 0.016 (16.00) Volume: 2,217,222 |
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Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally friendly, economically sustainable businesses, while increasing shareholder value. Company Information Sheet
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Other Small Cap News
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Company: IceWEB Storage Corporation (OTCBB: IWEB)
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IceWEB CEO Comments on Pending Acquisition of CTC STERLING, Va.--(BUSINESS WIRE)--IceWEB Storage Corporation - (OTC BB:IWEB), an award-winning Unified Data Storage appliance provider for cloud and virtual environments, as well as the highly secure, scalable IceBOX BYOD (Bring Your Own Device) Private Digital Cloud Solution, today announced that CEO, Rob Howe, has provided the following guidance concerning the pending acquisition of CTC. Dear Shareholders: We are nearing the completion of our due diligence and audit process for our acquisition of Computers & Telecom, Inc. I remain optimistic and enthusiastic about this acquisition and what it will mean for the Company and our shareholders, as we add data center, broadband, managed services, and cloud services capabilities to our product offerings. This acquisition is a complex and highly detailed process, and we are proceeding as rapidly as possible. Continue Reading
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Company: Ecosphere Technologies, Inc. (OTCBB: ESPH)
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Ecosphere Technologies Selected as American Technology Award Winner in the Clean Tech/Green Tech Category TechAmerica Foundation Presents "Best Of" Awards Recognizing Technology Products and Services Across the Technology Industry STUART, Fla., June 21, 2013 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a water engineering, technology licensing and innovative U.S. manufacturing company, announced it has been named the winner in the Clean Tech/Green Tech category for the 2013 TechAmerica Foundation American Technology Awards (ATAs). The ATAs cross the technology industry recognizing products and services like Ecosphere's patented Ozonix® technology for the treatment and recycling of water used during oil and gas exploration and production. Continue Reading |
Market News
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By Rodrigo Campos: Reuters
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Wall Street gains modestly after two-day selloff NEW YORK (Reuters) - Stocks edged higher at the open on Friday, bouncing back from a two-day selloff triggered by concern over the future of central bank stimulus, but major indexes were still on track to post sharp losses for the week. A sharp drop in Oracle shares offset kept the Nasdaq Composite little changed. Share prices had slumped since Wednesday, when Federal Reserve Chairman Ben Bernanke laid out the Fed's plans to pull back on its 85 billion dollars in monthly asset purchases. Continue Reading
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By Lee Brodie: CNBC
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Cramer: 5 Stocks with Strong Tailwinds Often times top performing stocks rally into the end of the quarter as part of a phenomenon called window dressing. What happens is this. " Hedge funds and mutual funds that own them do some buying in order to mark up their merchandise," Cramer explained. "And the funds that don't own them do some buying so they can show their investors how smart they are because, look, they have the quarter's best performers in their portfolio." In anticipation of this regular phenomenon, Cramer identified the best performing stocks for Q2 2013; as of Thursday June 20th they were First Solar up 56%, Advanced Micro Devices up 52%, GameStop up 46%, Micron up 36% and Actavis up 31%. Cramer calls these stocks 'sailboat stocks' because they're somewhat like sleek sailing vessels nearing the end of a regatta - they have the wind at their backs. Continue Reading
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