6/27/2013 12:44:30 PM - Found support near its 50 DMA line after it completed a new Public Offering on 6/20/13. Reported strong results for the Mar '13 quarter, but fundamental concerns remain. Held its ground in a tight range since noted in the 4/05/13 mid-day report with caution - "Proposed another Public Offering on 12/18/12, and it completed a Public Offering on 9/06/12, so this marks its third time going to the well for funding in less than a year. Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
6/25/2013 12:12:24 PM - Rebounding above its 50 DMA line after gapping up today. Completed a new Public Offering on 6/20/13. Reported strong results for the Mar '13 quarter, but fundamental concerns remain. Held its ground in a tight range since noted in the 4/05/13 mid-day report with caution - "Proposed another Public Offering on 12/18/12, and it completed a Public Offering on 9/06/12, so this marks its third time going to the well for funding in less than a year. Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
6/24/2013 12:22:42 PM - Retreated below its 50 DMA line last week after completing a new Public Offering last week. Reported strong results for the Mar '13 quarter, but fundamental concerns remain. Held its ground in a tight range since noted in the 4/05/13 mid-day report with caution - "Proposed another Public Offering on 12/18/12, and it completed a Public Offering on 9/06/12, so this marks its third time going to the well for funding in less than a year. Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
6/20/2013 12:10:45 PM - Retreated from its 52-week high hit earlier this week and finding support near its 50 DMA line today after proposing a new Public Offering. Reported strong results for the Mar '13 quarter, but fundamental concerns remain. Held its ground in a tight range since noted in the 4/05/13 mid-day report with caution - "Proposed another Public Offering on 12/18/12, and it completed a Public Offering on 9/06/12, so this marks its third time going to the well for funding in less than a year. Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
6/6/2013 12:10:05 PM - Recently finding support near its 50 DMA line. Reported strong results for Mar '13 quarter, but fundamental concerns remain. Held its ground in a tight range since last noted in the 4/05/13 mid-day report with caution - "Proposed another Public Offering on 12/18/12, and it completed a Public Offering on 9/06/12, so this marks its third time going to the well for funding in less than a year. Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
4/5/2013 12:12:04 PM - Dipping under its 50 DMA line today. Reported strong results for Dec '12 quarter and held its ground and rallied to new highs since noted in the 12/20/12 mid-day report with caution - "Found support near its 50 DMA line while recently consolidating. Proposed another Public Offering on 12/18/12, and it completed a Public Offering on 9/06/12, so this marks its third time going to the well for funding in less than a year. Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
2/7/2013 1:04:16 PM - Churned heavy volume today while trading in a wide intra-day range from gapping up into new high territory to lows near its 50 DMA line and back into positive ground after reporting strong results for Dec '12 quarter. Held its ground and rallied to new highs since last noted in the 12/20/12 mid-day report with caution - "Found support near its 50 DMA line while recently consolidating. Proposed another Public Offering on 12/18/12, and it completed a Public Offering on 9/06/12, so this marks its third time going to the well for funding in less than a year. Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
12/20/2012 12:04:44 PM - The 12/19/12 mid-day report noted - "Found support near its 50 DMA line while recently consolidating. Proposed another Public Offering on 12/18/12, and it completed a Public Offering on 9/06/12, so this marks its third time going to the well for funding in less than a year. Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
12/19/2012 12:07:21 PM - Found support near its 50 DMA line while recently consolidating. Proposed another Public Offering on 12/18/12, and it completed a Public Offering on 9/06/12, so this marks its third time going to the well for funding in less than a year. Prior mid-day reports noted - "Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
12/3/2012 12:09:38 PM - Reversed into the red after gapping up today and hitting a new 52-week high. Found support at its 50 DMA line while consolidating since last noted in the 10/19/12 mid-day report - "Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
10/19/2012 12:43:12 PM - Trading up for a new 52-week high with today's 7th consecutive gain, extended from any sound base. Prior mid-day reports noted - "Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
10/10/2012 12:45:31 PM - Trading down today following a worrisome negative reversal on the prior session after hitting another new 52-week high. Prior mid-day reports noted - "Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
10/9/2012 12:26:20 PM - Gapped up today hitting another new 52-week high, then it reversed into the red. Prior mid-day reports noted - "Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
10/3/2012 12:34:01 PM - Hitting a new 52-week high today with a 3rd consecutive gain. The 8/31/12 mid-day report noted - "Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced."
8/31/2012 12:18:44 PM - Limited earnings history is a concern and it is extended from prior highs in the $14 area where its 2/29/12 IPO was priced.