Investors Alert: Wave Systems Corp, NetSol Technologies Inc, PharmAthene, Cray Inc

Lakeway, TX -- (SBWIRE) -- 02/19/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Wave Systems Corp. (NASDAQ:WAVX) increased 8.77% and closed at $0.99 on a traded volume of 203k shares. The Company is delivering enterprise-grade management and security on the newest generation of tablets running Microsoft's Windows 8 operating system. Wave's security solutions are designed to augment the existing management infrastructure enterprises own today to deliver modern mobility that's simple to use, always connected and always secure.

How Should Investors Trade WAVX After The Recent Movement? Find Out Here

NetSol Technologies Inc. (NASDAQ:NTWK) augmented 8.69% and closed at $9.76 on a traded volume of 380k shares. The company released second quarter results. Total revenue for the second quarter was $11.8 million compared to $8.6 million in the second quarter of fiscal 2012. Total operating expenses for the fiscal 2013 second quarter amounted to $3.8 million. Operating income for the second quarter of fiscal 2013 was $2.9 million compared to $1.2 million in the comparable period last year. The second quarter net income of $2.2 million or $0.28 per diluted share compared to $320,000 or $0.06 per share in the comparable period of the prior fiscal year.

Is NTWK A Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

PharmAthene, Inc. (NYSEAMEX: PIP) moved up 7.41% and closed at $1.45 on a traded volume of 757k shares.So far this year, the stock is up over 29%. The 52-week range for the stock is $0.98 and $2.10.The Company operates as a biodefense company specializing in the development and commercialization of medical countermeasures against chemical and biological threats.

Is PIP a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Cray Inc. (NASDAQ:CRAY) soared 7.10% and closed at $19.47 on a traded volume of 998k shares. The company reported fourth quarter results. The revenue was $188.8 million compared to $91.6 million in the prior year period. The net income for the fourth quarter of $14.0 million or $0.36 per share compared to $31.0 million or $0.85 per share in the fourth quarter of 2011. Non-GAAP net income was $17.2 million or $0.44 per share compared to non-GAAP net income of $17.1 million or $0.47 per share in the same period last year. Overall gross profit margin for 2012 was 36%.

How Should Investors Trade CRAY After The Latest Earnings Report? Find Out Here

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