Boston, MA -- (SBWIRE) -- 08/28/2013 -- 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: (Vantage Drilling Company(NYSEAMEX:VTG), Barnes & Noble, Inc.(NYSE:BKS), Organovo Holdings Inc (NYSEMKT:ONVO), Sequenom, Inc. (NASDAQ:SQNM)
Vantage Drilling Company(NYSEAMEX:VTG) shares fell 1.16% to $1.70. The company, on August 9, reports a net income for the three months ended June 30, 2013 of $4.2 million or $0.01 per diluted share as compared to a net loss of $10.0 million or ($0.03) per diluted share for the three months ended June 30, 2012.
For the six months ended June 30, 2013, Vantage reports a net loss of $20.7 million or ($0.07) per diluted shares excluding approximately $98.3 million of charges for the early retirement of debt as compared to a net loss of $11.2 million or ($0.04) per diluted shares for the six months ended June 30, 2012. Including charges for the early retirement of debt, the Company reported a net loss of $119.0 million or ($.39) per diluted share.
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Barnes & Noble, Inc.(NYSE:BKS) shares decreased 3.14% to $13.87. The company’s retail group head Mitchell Klipper sold about two-thirds of his shares in the beleaguered retailer in the past few days, according to a filing with the Securities and Exchange Commission on August 26.
Additionally, The company’s Chairman Leonard Riggio on August 20 said he suspended his plans to buy the company's retail business, saying it's in the company's "best interests to focus on the business at hand."
Moreover, For the quarter ended July 27, Barnes & Noble reported a loss of $87 million, or $1.56 a share, compared with a year-earlier loss of $39.8 million, or 76 cents a share. Revenue slipped 8.5% to $1.33 billion. Analysts most recently projected a loss of 89 cents on revenue of $1.32 billion.
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Organovo Holdings Inc (NYSEMKT:ONVO) stock fell 1.02% and closed at $5.85. The company on August 12 reported on its financial results for the three-month period ended June 30, 2013. For the three months ended June 30, 2013, total revenues were approximately $0.1 million were $0.2 million or 67% below the approximately $0.3 million in revenues for the same period in 2012. The Company also had negative cash flow from operations of $2.7 million during the three months ended June 30, 2013, with end-of-period cash and cash equivalents of approximately $12.8 million and an accumulated deficit of $70.1 million.
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Sequenom, Inc. (NASDAQ:SQNM) shares fell 4.89% to $2.92. SQNM and CombiMatrix Corporation (NASDAQ: CBMX), on August 1 jointly announced that the Sequenom Center for Molecular Medicine LLC (Sequenom CMM) and CombiMatrix have entered into a collaboration agreement to market chromosomal microarray analysis (CMA) testing services to broaden and confirm the results of noninvasive, prenatal testing (NIPT) to physicians and their patients.
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