(fyi - the retail stores are selling bathing suits right now!)
These stocks are up in price and up in volume by:
VNUS +1,462%
DRS +413%
CSTR +329%
CTSH +308%
MTD +251%
GDI +242%
OYOG +219%
OMTR +201%
ADS +198%
LMNX +189%
TESO +160%
GMXR +146%
HAYN +141%
EPIC +138%
URBN +123%
ALNY +112%
SBGI +111%
TTMI +102%
MTL +100%
EPAX +99%
VNUS +1,462%
DRS +413%
CSTR +329%
CTSH +308%
MTD +251%
GDI +242%
OYOG +219%
OMTR +201%
ADS +198%
LMNX +189%
TESO +160%
GMXR +146%
HAYN +141%
EPIC +138%
URBN +123%
ALNY +112%
SBGI +111%
TTMI +102%
MTL +100%
EPAX +99%
3 Comments:
I would pay particular attention to VNUS, which surprised with its earnings and gained more than 25% in Friday. VNUS reported EPS of $0.05 vs the consensus analysts' estimate of $-0.10.
Net revenues for the fourth quarter increased 54% to $20.6 million
compared with $13.3 million for the fourth quarter of 2006 and increased
18% when compared to the third quarter of 2007 at $17.5 million. The
increase in net revenues from the prior quarters was due to continuing
higher sales of disposable ClosureFAST(TM) catheters and ClosureRFS
devices, and higher overall international sales. Fourth quarter disposable
catheters and device unit sales increased in 2007 53% compared to the
fourth quarter of 2006 and increased 19% sequentially. After adjusting for
deferral of RF generator revenues in 2006, revenues in the fourth quarter
of 2007 grew 41% compared to the fourth quarter of 2006.
Fourth-quarter net income was $0.9 million, compared with a net loss of
$2.0 million for the fourth quarter of 2006 and a net loss of $2.2 million
for the third quarter of 2007. Gross margins in the fourth quarter improved
to 65.8% compared to 64.3% in the fourth quarter of 2006, and compared to
61.5% sequentially. Patent litigation expenses included in the fourth
quarter were $647,000, compared to $628,000 in the comparable quarter in
2006 and $2.9 million in the third quarter in 2007. Fully diluted earnings
per share for the fourth quarter was $0.05, compared with net loss per
share of $0.13 for the fourth quarter of 2006 and a net loss per share of
$0.14 for the third quarter of 2007.
I was also looking at VNUS, and am kicking myself for not buying sooner. Perhaps it'll keep it's momentum well into next month... I am hoping!
It was wiser to buy on the day it released its earnings' report. You'll have another buying opportunity soon. In this market the stock will most likely consolidate price-wise and time-wise and it'll provide another chance.
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