PennyTrader.com Presents Today’s Midday Stock Report: HIMR, MTSL, CHC
Stocks are hovering near their unchanged levels as all three of the major indices are flat.
Network providers are outperforming as Oplink Communications (OPLK 16.58, +2.32) is surging 16.3% after beating on earnings and reporting in-line revenues. The company issued mixed guidance as they expect earnings for the upcoming quarter to come in near the top of the range. However, management warned that revenues could come up short of estimates. Competitor Finisar (FNSR 15.39, +0.48) is higher by 3.1% as it benefits from Oplink’s strength.
HIMR - Trade Alert
Up 44.44% in morning trading to $.0013 with 39M shares traded
Headquartered in Blaine, WA, Hollund Industrial Marine Inc. seeks to align the interests of businesses, communities, utilities and governments by offering an integrated business model for underwater forest management. Hollund’s model – including resource and needs assessment, permitting, environmental and project planning, logging, milling, product branding and sales adds value for their shareholders, their partners and reservoir based communities. Hollund Industrial Marine, Inc. (HIMR) announced yesterday that the Company is preparing to host its first shareholder conference call; targeting Friday, September 28th, 2012 as the scheduled date for management to communicate directly with its international shareholder base.
To Read Full Story go to: http://www.pennytrader.com/
********************
MTSL – News Alert
Up 67.50% in morning trading to $2.68 with 450K shares traded
Mer Telemanagement Solutions Ltd. (MTS) is a worldwide provider of innovative products and services for comprehensive telecom expense management (TEM) and enterprise mobility management (EMM) solutions, telecom billing solutions used by telecommunication service providers and mobile virtual network operators and enablers (MVNO/MVNE) solutions used by mobile service providers. Mer Telemanagement Solutions Ltd. (MTSL) yesterday announced its financial results for the second quarter of 2012. Revenues for the second quarter of 2012 were $3.3 million, compared with $3.0 million in revenues during the same quarter last year and revenues of $3.0 million in the first quarter of 2012.
To Read Full Story go to: http://www.pennytrader.com/
********************
CHC – News Alert
Up 16.32% in morning trading to $1.1.1399 with 140K shares traded
China Hydroelectric Corporation is an owner and operator of small hydroelectric power projects in the People’s Republic of China. Through its geographically diverse portfolio of operating assets, the Company generates and sells electric power to local power grids. Led by an international management team, the Company’s primary business is to identify, evaluate, acquire, develop, construct and finance hydroelectric power projects. The Company currently owns 26 operating hydropower stations in China with total installed capacity of 547.8 MW, of which it acquired 22 operating stations and constructed four. These hydroelectric power projects are located in four provinces: Zhejiang, Fujian, Yunnan and Sichuan. China Hydroelectric Corporation (NYSE: CHC, CHCWS) yesterday announced its financial results for the three and six months ended June 30, 2012. Q2 2012 revenue of $33.9 million increased 72% year-over-year; Adjusted EBITDA increased by 82% year-over-year to $24.9 million; GAAP net income for the second quarter and year to date of $7.7 million and $8.5 million, respectively, vs. $1.4 million and $7.0 million loss in the comparable prior year periods; Fujian and Zhejiang precipitation for the quarter and year to date exceeded average levels; Yunnan has continued to experience less than average precipitation
To Read Full Story go to: http://www.pennytrader.com/
********************
To Follow PennyTrader on Twitter: http://twitter.com/pennytrader
To Join Our Facebook Page: http://www.facebook.com/PennyTrader2
PennyTrader.com, PO Box 791, Prosper, TX 75078, Telephone: (972) 546-3740, Email: Publisher@PennyTrader.com.This email address is being protected from spam bots, you need Javascript enabled to view it
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. PennyTrader.com makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. You are receiving this email because you have registered on PennyTrader.com or one of our affiliate companies.
The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual circumstances. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any company profiled based solely on information contained in our reports. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research.
Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing.
Information contained in our report will contain “forward looking statements” as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated. Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company’s most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements. We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company’s plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related public information sources which we believe to be reliable but we cannot guarantee the accuracy of the information. To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information). We encourage you to invest carefully and read investment information available at the websites of the SEC at http://www.sec.gov and FINRA at http://www.finra.org.
Disclosure: PennyTrader.com is not currently being compensated for any stocks covered in this midday report.
Leave a Comment