Orlando, FL -- (SBWIRE) -- 09/20/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On DryShips Inc. (NASDAQ:DRYS), Pandora Media Inc (NYSE:P).
DryShips Inc. (NASDAQ:DRYS) shares increased 9.67% to $3.61. The company on Sept. 3 announced that Ocean Rig announced that it has signed a supplemental agreement to amend certain provisions in its $1.35b Senior Secured Facility dated February 28, 2013.
Additionally, Zacks reaffirm their long-term Neutral recommendation on DryShips Inc. (DRYS) on Sept. 9. The company continues to suffer losses although its top line improved significantly in the second quarter of 2013. We remain concerned as management provided a disappointing financial outlook.
Are investors worried about the recent updates with DRYS? Find out with a free trend analysis HERE
Pandora Media Inc (NYSE:P) shares increased 6.67% to $27.35. The company on Sept. 18 announced that the federal court in the Southern District of New York has granted summary judgment in Pandora's favor in the company's rate proceeding with the American Society of Composers, Authors and Publishers (ASCAP). This judgment upholds Pandora's right to perform all compositions in the ASCAP repertory.
Additionally, the company on Sept. 18 announced the pricing of an underwritten public offering of 18,200,000 shares of its common stock at a price to the public of $25.00 per share. A total of 13,000,000 shares are being offered by Pandora, and a total of 5,200,000 shares are being offered by the selling stockholder. The offering is expected to close on September 24, 2013.
Is P going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)