Looking Back at Our Past Alerts: GWBU, DOMK, NEPH and JMGE
With the Facebook IPO prepping to launch and the next APS ‘pick” GWBU struggling to punch through the large short interest we thought now would be a good time to revisit some of the Shark’s alerts that produced for our readers.
First up is GWBU, we first brought this to your attention on May 3rd with a closing price that day of .66. Since then it has steadily increased until hitting a wall at it’s current price of $1.47. If you got in early, the stock did manage a high of $1.66 for a potential gain of 40%. We would be careful with this one however at this stage. Despite strong trading activity the shorts seem to be winning the battle, any further gains could be short lived.
Next on the list is DOMK, DoMark Interantional. The solar power Ipad accessory maker has seen quite the run the last few weeks. The stock closed at $1.76 a share on May 3rd when we profiled the Company. Since then it has gone on to hit a high of $2.68 per share and has maintained strong trading activity through out the month. This 65% gain is a pretty good leap for 2 weeks of trading and momentum appears to be strong as the Solopad release is imminent.
Nephros, Inc (NEPH) stock has climbed over 61% since our May 1st profile hitting a high of $2.75. The stock is currently pulling back a bit, but the company produced solid 1st quarter results and appears on track for bigger and better things. NEPH increased gross margin in the first quarter to 58% from 29% in the prior year period as a result of licensing revenue from Bellco Agreement and it’s ultrafiltration product revenues increased to approximately $243,000, an increase of 69% from prior year period.
Finally we have JMGE (JMG Exploration), which has gained 40% since our coverage began on April 23rd. Trading activity has slowed, but the Company has managed to maintain it’s high trading levels so far.