Boston, MA -- (SBWIRE) -- 09/12/2013 -- 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: (Linn Energy LLC (NASDAQ:LINE), Newfield Exploration Co. (NYSE:NFX), Kodiak Oil & Gas Corp (USA) (NYSE:KOG), Brocade Communications Systems, Inc.(NASDAQ:BRCD)
Linn Energy LLC (NASDAQ:LINE) shares gained 12.77% to $27.90. Abraham, Fruchter & Twersky, LLP has been retained to file a class action lawsuit on behalf of purchasers of Linn Energy LLC common stock concerning possible violations of federal securities laws. Linn is an independent oil and natural gas company that engages in the acquisition and development of oil and natural gas properties.
Additionally, the company will begin trading ex-dividend on August 08, 2013. A cash dividend payment of $0.2416 per share is scheduled to be paid on August 14, 2013. Shareholders who purchased LINE stock prior to the ex-dividend date are eligible for the cash dividend payment.
How Should Investors Trade LINE After The Recent Volatility? Get Free Report Here
Newfield Exploration Co. (NYSE:NFX) shares jumped 7.51% to $26.01. The company is scheduled to present at the following events. Barclays CEO Energy-Power Conference at 9:45 a.m. (Eastern), September 12, 2013 and UBS Houston Energy Symposium at 10:00 a.m. (Central), September 19, 2013. The company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids.
How Should Investors Trade NFX After The Recent Volatility? Get Free Report Here
Kodiak Oil & Gas Corp (USA) (NYSE:KOG) shares increased 2.36% to $11.26. The company on August 5 reported financial results for the second quarter ended June 30, 2013. For the second quarter-ended June 30, 2013, the Company reported oil and gas sales of $173.5 million, as compared to $85.8 million during the same period in 2012 and $165.1 million in the first quarter 2013. For the second quarter 2013, the Company reported net income of $44.3 million, or $0.17 per diluted share, compared to net income of $93.1 million, or $0.35 per diluted share, for the same period in 2012.
Is KOG A Good Buy After The Recent Price Movement? Find Out Here
Brocade Communications Systems, Inc.(NASDAQ:BRCD) shares gained 1.96% to $7.80. The company on August 26 announced the company has collaborated with VMware to develop a new management pack that enables enterprises to proactively manage Fibre Channel storage area networks (SANs) operating within highly virtualized environments to lower operational costs and increase application availability.
Is BRCD 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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