Boston, MA -- (SBWIRE) -- 09/11/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Capstone Turbine Corporation (NASDAQ:CPST), Boyd Gaming Corporation (NYSE:BYD), Alon USA Energy, Inc. (NYSE:ALJ), SUPERVALU INC.(NYSE:SVU)
Capstone Turbine Corporation (NASDAQ:CPST) shares increased 3.48% to $1.16. The company on Sept. 9 announced that it received another follow-on order for a large Australian coal seam gas company. The initial order in July 2008 was for the supply of 110 C30 packages, which was later increased to 154 C30s in 2009. The first follow-on contract was for 44 C30 microturbines in October 2012, and in early January 2013 they ordered 36 additional units. The latest order is for 14 units, bringing the total number of units sold to date to 248 C30 microturbines. These orders are part of a periodical supply contract for the life of the project, at least five years.
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Boyd Gaming Corporation (NYSE:BYD) shares gained 3.44% to $12.62. The company on August 1 announced that it has priced a public offering of 16,500,000 shares of its common stock at $12.00 per share. Total gross proceeds from the offerings will be approximately $198,000,000.
Additionally, the company on July 30 reported a second quarter net income of $11.6 million or $0.13 per share compared with $0.97 million or $0.01 per share during the same quarter last year. The company reported adjusted breakeven per share for the quarter. The company posted net revenues of $738.7 million, from $614.1 million during the comparable quarter last year. Analysts expected the company to report breakeven per share on revenues of $740.33 million for the quarter.
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Alon USA Energy, Inc. (NYSE:ALJ) shares declined 7.46% to $11.16. The company on Sept. 9 announced that it intends to offer, subject to market conditions and other factors, $130 million aggregate principal amount of convertible senior notes due 2018 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The Convertible Notes are expected to pay interest semiannually and will be convertible into cash, shares of the Company's common stock or a combination of cash and shares of the Company's common stock, at the Company's election, based on a conversion rate to be determined. The Convertible Notes will mature on September 15, 2018, unless repurchased or converted in accordance with their terms prior to such date.
Is ALJ A Good Buy After The Recent Price Movement? Find Out Here
SUPERVALU INC.(NYSE:SVU) shares climbed 1.33% to $7.60. The company on July 24 announced that as soon as practicable on or following August 7, 2013 the Company will grant Mr. Bruce Besanko stock options to acquire 225,000 shares of Company common stock with an exercise price equal to the closing price of a share of Company common stock on the New York Stock Exchange on the grant date and 225,000 restricted stock shares of Company common stock.
Is SVU A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
Here at Winston we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. We focus on companies that we feel are trading at a discount to the market for various reasons. Enter your email and track our performance! We are sure you won’t sure you won’t be disappointed.
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