Buying Stocks on a Long Position ( OMN, NEXS, PATH, BTH )

Los Angelas, CA -- (SBWIRE) -- 09/27/2012 -- OMNOVA Solutions (NYSE:OMN) reported EPS of 0.221. For the Current Fiscal year, the company is expected to report EPS of 0.74. For the Next Quarter and Next Year, the company is expected to report EPS of 0.17 and 0.88 respectively. At Current Market Price, OMN is in distance of -4.94% from its 50-day Moving Average price of $8.0689 and +4.00% from its 200-day Moving Average price of $7.3751. Shares of chemical maker OMNOVA Solutions (NYSE: OMN) fell 13% today after reporting earnings. The disappointing earnings numbers are pushing the stock lower and future results don't look promising. Management said that volumes won't pick up in the fiscal fourth quarter, and raw materials costs are expected to go up. With revenue headed in the wrong direction and the bottom line disappointing analysts, I don't think the dip is worth buying today

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Nexxus Lighting, (NCM:NEXS) reported EPS of -0.663. For the Current Fiscal year, the company is expected to report EPS of -0.35. For the Next Quarter and Next Year, the company is expected to report EPS of -0.04 and 0.00 respectively. At Current Market Price, NEXS is in distance of +257.85% from its 50-day Moving Average price of $0.2434 and +91.65% from its 200-day Moving Average price of $0.4545. Nexxus Lighting, Inc.(NASDAQ:NEXS) shares soared 44.81% to $0.854 after the company announced a settlement agreement ending the pending patent litigation brought by Royal Philips Electronics, a LED lighting technology. In connection with the settlement and patent license agreement: Philips will grant Nexxus Lighting an ongoing, royalty-bearing license to the comprehensive portfolio of patented LED technologies and solutions offered under Philips’ LED luminaire and retrofit bulb licensing program.

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NuPathe Inc. (NGM:PATH) reported EPS of -1.729. For the Current Fiscal year, the company is expected to report EPS of -1.50. For the Next Quarter and Next Year, the company is expected to report EPS of -0.34 and -1.72 respectively. At Current Market Price, PATH is in distance of -17.97% from its 50-day Moving Average price of $3.9377 and -10.83% from its 200-day Moving Average price of $3.6222. NuPathe Inc. (Nasdaq: PATH) 26.7% LOWER; has entered into agreements with existing and new investors for the sale of $28 million of securities. The securities are being sold as units, with each unit consisting of 1/1,000th of a share of to-be designated Series A preferred stock and a warrant to purchase one share of the Company's common stock. The purchase price per unit is $2.00.

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Shares of Blyth, Inc. New C (NYSE:BTH) are trading at $25.68 and is -35.95% from its 50-day Moving Average price of $40.0917 and -31.90% from its 200-day Moving Average price of $37.7097. The average trading volume is 343222 shares and its market capitalization is $442.7M. Blyth, Inc.(NYSE:BTH) shares plunged 25.15% to $24.38 after ViSalus, a subsidiary of Blyth withdrew its initial public offering due to uncertain market conditions. ViSalus requested SEC that the company’s Registration Statement on Form S-1, and all exhibits filed therewith and amendments thereto, be withdrawn effective immediately. The Registration Statement has not been declared effective and no securities of the company were sold in connection with the offering.

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