Boston, MA -- (SBWIRE) -- 08/29/2013 -- 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: (Halcon Resources Corp(NYSE:HK), Dendreon Corporation(NASDAQ:DNDN), Halozyme Therapeutics, Inc. (NASDAQ:HALO), Aeropostale, Inc.(NYSE:ARO)
Halcon Resources Corp(NYSE:HK) shares jumped 2.51% to $4.90. The company on August 8 announced that it has priced an underwritten public offering of 38,000,000 shares of its common stock at a price of $5.10 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 5,700,000 shares of common stock. The offering is expected to settle and close on August 13, 2013, subject to customary closing conditions.
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Dendreon Corporation(NASDAQ:DNDN) shares is trading at $2.77. The company on August 8 reported results for the second quarter ended June 30, 2013. Net product revenue for the quarter was $73.3 million compared to $80.0 million for the quarter ended June 30, 2012, down 8.4% year over year and up 8.4% on a sequential basis. Net loss in the second quarter of 2013 was $68.8 million, or $0.45 per share, compared to a net loss of $96.1 million, or $0.65 per share for the same period in 2012.
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Halozyme Therapeutics, Inc. (NASDAQ:HALO) shares climbed 12.77% to $8.30. The company, on Aug. 7, reported financial results for the quarter and six months ended June 30, 2013. Financial highlights for the second quarter include revenues of $14.5 million and a net loss of $22.9 million or $0.20 per share. This compares to revenues of $7.8 million and a net loss of $14.0 million or $0.13 per share for the second quarter of 2012.
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Aeropostale, Inc.(NYSE:ARO) shares increased 1.66% to $8.57. The company on August 22 forecast a third quarter loss. The company said it now plans to close 30 to 40 stores this year, comp rated to an earlier plan to close 15 to 20. Aeropostale is projecting a net loss of 21 cents to 26 cents per share for the third quarter.
The company reported a net loss of $33.7 million, or 43 cents per share, in the quarter ended August 3, compared with a profit of $71,000 million, or nil per share, a year ago. Its adjusted loss per share was 34 cents, deeper than the 24 cents expected by analysts.
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