Boston, MA -- (SBWIRE) -- 09/04/2013 -- 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: (Fusion-IO, Inc.(NYSE:FIO), Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR), Integrated Device Technology Inc(NASDAQ:IDTI), Coeur d'Alene Mines Corporation (NYSE:CDE)
Fusion-IO, Inc.(NYSE:FIO) shares fell 1.03% and closed at $10.58. The company on August 26 announced Fusion ioVDI software for virtual desktop infrastructure (VDI) acceleration. Based on the Fusion ioTurbine virtualization acceleration software and installed with Fusion ioMemory-based products in datacenter servers, ioVDI expands the Fusion-io software portfolio with a virtual desktop solution optimized for flash memory to deliver seamless, reliable, and cost-effective virtual desktop performance with consistent low latency response times for even data-intensive application workloads.
Is FIO A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR) shares gained 5.59% to $5.39. The company on Sept 3 announced that it has entered into a settlement agreement with Actavis South Atlantic LLC and Actavis, Inc. (collectively, "Actavis") to resolve pending patent litigation in response to Actavis' abbreviated new drug application (ANDA) seeking approval to market generic versions of Avanir's NUEDEXTA® (dextromethorphan hydrobromide/quinidine sulfate) capsules. The settlement agreement grants Actavis the right to begin selling a generic version of NUEDEXTA on July 30, 2026, or earlier under certain circumstances.
Is AVNR A Good Buy After The Recent Price Movement? Find Out Here
Integrated Device Technology Inc(NASDAQ:IDTI) shares gained 1.84% to $8.87. The company on August 26 announced that Dr. Ted Tewksbury has resigned as President, Chief Executive Officer and board member, effective August 27, 2013. The Board of Directors has appointed board member Jeffrey McCreary as interim President and Chief Executive Officer.
Additionally, the company on July 24 announced that its wireless power transmitter has been selected for TYLT's award-winning "VÜ" wireless charging base. The innovative free-position wireless charger offers USB-level charging rates over a large "charging zone", and is fully compatible with Qi-compliant phones.
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Coeur d'Alene Mines Corporation (NYSE:CDE) shares increased 0.35% to $14.49. The company on August 8 reported metal sales of $204.5 million, cash flow from operating activities of $63.3 million, or $0.63 per share, and capital expenditures of $27.2 million during the second quarter 2013. The Company produced 4.6 million ounces of silver and 60,757 ounces of gold during the second quarter 2013, representing increases of 21% and 7%, respectively, over the first quarter 2013. Silver and gold production at the Palmarejo mine in Mexico increased 24% and 23%, respectively, compared to the first quarter.
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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 be disappointed.
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