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: (AK Steel Holding Corporation(NYSE:AKS), RF Micro Devices, Inc. (NASDAQ:RFMD), Molycorp Inc(NYSE:MCP), Dendreon Corporation(NASDAQ:DNDN)
AK Steel Holding Corporation(NYSE:AKS) shares fell 2.26% to $3.46. Cliffs Natural Resources Inc. on August 27 announced that it has entered into a new Agreement with AK Steel to supply iron ore pellets from 2014 through 2023. The new Agreement includes minimum and maximum volume iron ore pellet purchases from Cliffs, as outlined in the Agreement.
Additionally, the company on on August 21 said that it has reached an agreement to settle an action brought on behalf of the U.S. Environmental Protection Agency and Commonwealth of Kentucky under the Clean Air Act and other statutes and regulations with respect to AK Steel's former Ashland, Kentucky coke plant. The agreement was reached without admission of the alleged violations by AK Steel.
How Should Investors Trade AKS After The Recent Volatility? Get Free Report Here
RF Micro Devices, Inc. (NASDAQ:RFMD) stock gained 2.44% to $5.04. The company on August 26 said that it has shipped more than one million RF7196D high-power, high-efficiency CMOS power amplifiers (PAs). The ultra-low cost RF7196D is RFMD's newest and most innovative CMOS PA, delivering a revolutionary combination of cost, size and performance. It is in mass production in support of multiple high-volume 2G and 3G handset platforms, and shipments are expected to increase rapidly, reaching approximately 10 million units by the end of the September quarter.
How Should Investors Trade RFMD After The Recent Volatility? Get Free Report Here
Molycorp Inc(NYSE:MCP) shares decreased 0.65% to $6.13. Bernstein Liebhard LLP on August 20 announced that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of all those who purchased securities of Molycorp, Inc. (NYSE: MCP) ("Molycorp" or the "Company") between August 2, 2012 and August 7, 2013, inclusive.
Additionally, the company on August 8 announced financial and operating results for the second quarter of 2013. The Company reported a net loss of $0.36 per share for the quarter on an adjusted non-GAAP basis. The Company reported consolidated net revenues of $136.9 million during the second quarter of 2013, a 6% decrease over the first quarter of 2013.
Is MCP A Good Buy After The Recent Price Movement? Find Out Here
Dendreon Corporation(NASDAQ:DNDN) shares gained 0.72% and closed at $2.79. 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.
Is DNDN 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 be disappointed.
http://winstonsmallcap.com/and its owners, and their affiliates, directors and officers, and immediate family members, are hereafter collectively referred to as “WSC” or “we” or “us” or “our”). WSC publishes information (the “Information”) about publicly traded companies (the “Profiled Company” or the “Profiled Companies”) which has been obtained from various sources including publicly available sources on the internet. WSC does not undertake any due diligence or investigation of the Information it obtains or publishes.
Read Full Disclaimer at: http://winstonsmallcap.com/disclaimer
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)