Company has just extended the expiry on existing warrants till April 30. Co has also entered into a backstop loan agreement with a current investor for 4.5M will can be accessed at anytime before April 30. Co also just released the lamest PR regarding their new financial adviser.
RMGN - RMG Networks Holding Corp.
PR states 30% increase in growth (unaudited financial info), actual earnings released Thursday before market open. 21M market cap, 6M Float (1.5x float rotation day). 12M debt, 5M cash. Stock has been in a downtrend ever since its IPO in 2011. Seems like a buy the rumor sell the news scenario.
STRL
Up on PR stating CEO signed on for another 5 years. This "news" added 12M to their 48M market cap. Earnings conference call on the 16th March. Like to see a bit more spiking to get short.
ARQL
Stock ran into earnings conference, Co reports a loss but price continued to surge. 44M Float, 62M cash, 1.7M debt. No obvious reason for continued run-up, possible reason: shorts got squeezed. MC has increased by 75M since 1.25ish.
REPH
Co intends on purchasing a Phase III ready drug and facility for 50M via a loan as well as a 7 year warrant for 350,000 common stock.
AVEO
Up on Phase II data and analyst upgrade with a target of 3.....BS
IFON
PR Earning winner, earnings out this morning, has news already been priced in? If no morning spike get short on for a fade.
AXN
No news for runup, dead pump bounce, like to see a pop outta the gate to get short into.
ON RADAR
CYTX
Potential buy if it can break the multiday high.
ADXS
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