Update! Airborne Wireless (Nasdaq: ABWN) Flying High Since SNU Report!

Airborne Wireless Network – OTCQB: ABWN

When we first wrote about ABWN a couple of weeks ago, it was trading around $0.80 per share. Today it is over $1.35. This could be due to the announcement today that Airborne Wireless Network (OTC QB:ABWN) entered into an agreement with Electric Lightwave Holdings, Inc. (“Electric Lightwave”). This agreement creates a mutually beneficial relationship pursuant to which the ground segment of our contemplated Infinitus Super Highway™ will be supported by Electric Lightwave’s 12,500-mile fiber optics cable and data center network, which is located throughout the Western United States, including an undersea cable link to the Hawaiian Islands.

A Fox Business interview with VP Marius De Mos can be viewed here.

 

Our December 16th article follows:

Global internet connectivity is achieved through undersea cables along with ground-based fiber and satellites. Airborne Wireless Network is developing a new approach – an airborne digital highway.  The Company intends to create a high-speed broadband wireless network without towers or cables – they will do it by linking commercial aircraft in flight.  Each aircraft will act as an airborne router, sending, and receiving internet signals from one aircraft to the next and creating a digital superhighway in the sky. Airborne Wireless Network intends the network to be a high-speed broadband internet pipeline.

The Company intends to supply their capacity to wholesale carriers that already have customers such as internet providers and mobile phone companies. Once developed, the airborne network could provide low cost, high-speed connectivity to rural areas, island nations, ships at sea, oil platforms, in addition to connectivity to commercial and private aircraft in flight.

Airborne Wireless Networks holds a patent many in the industry consider highly valuable if the team can execute its plan. Impressively, they have secured Alex Sandel, co-founder of Packard Bell computers, as Chairman of its Advisory board. The company closed a $1,200,000 private placement funding on November 22, 2016.

However, ABWN is not a stock without considerable risk. This is a new technology in a highly competitive industry. Volumes of ABWN are currently weak – less than 22,000 today. Also of concern is that no analysts cover ABWN.

Still, if you have the appropriate appetite for risk ABWN, this is an innovative approach to a real need , internet connectivity, that most of the world cannot do without. ABWN closed today at $0.803.

Always perform your own due diligence before making any decisions regarding the buy or sale of any stock.

Helios and Matheson Analytics (Nasdaq: HMNY) Announcement Sends Shares Higher

Helios and Matheson Analytics, Nasdaq: HMNY

Shares of Helios and Matheson Analytics are up over 10% on large volumes. Earlier in the trading day, shares of HMNY had reached $5.86 – up over 40% from Friday’s close. This morning the company issued a press release stating that Helios and Matheson Analytics Inc. Dr. E.G. Rajan, esteemed professor and research scientist, will be joining the organization as founding member and Chairman of its Science & Technology Development Board.

From the Helios and Matheson press release:

As Founder and President of the Pentagram Research Centre in Hyderabad, India, Dr. Rajan was presented the Gold Medal for his lifetime achievement in Teaching, Research and Industrial Development by former Indian President, Dr. APJ Abdul Kalam, in 2015. HMNY and Zone expect Dr. Rajan’s groundbreaking research in the fields of artificial intelligence and machine learning and his current impact on the field of computer vision to significantly enhance the functionality and reach of RedZone Map, merging RedZone Map’s currently available real time crime data reporting and safer navigation features with data science and technology.

Founded in 1983 and based in New York City and Bangalore, India, Helios and Matheson is a global information technology provider that services Fortune 500 clients. HMNY is not covered by any analysts and no price targets are available. However it may be important to note that both EPS and Sales figures were at their lowest points in 2015 since their highs in 2012 and 2013, respectively. Readers may wish to note that HMNY has a high level of insider ownership.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

Ticker Symbol HMNY
Last Price a/o 12:22 AM EST  $               4.83
Average Volume 363,800
Market Cap $19.9 million
Sales $8 million
Shares Outstanding 4.78 million
Share Float 0.98 million
Shortable Yes
Optionable No
Inside Ownership 36.80%
Short Float 20.97%
Short Interest Ratio 0.56
Quarterly Return -51.06%
YTD Return 199.30%
Year Return 85.70%

Oclaro, Inc (Nasdaq: OCLR) Shares Propelled by Acquisition Rumors

Oclaro Inc., Nasdaq: OCLR

Shares of San Jose, CA-based Oclaro Inc. are higher on rumors of an acquisition by Finisar Corporation (Nasdaq: FNSR). Shares of Oclaro Inc. trade on the Nasdaq under ticker symbol OCLR.

Oclaro Inc. develops and provides products for fast optical networks and high-speed interconnects that are enabling the next wave of streaming video, cloud computing, voice over IP and other high-speed and bandwidth-intensive applications. Oclaro operates R&D and chip fabrication facilities in the U.S., U.K., Italy, and Japan; in-house and contract manufacturing sites in China, Malaysia, and Thailand; and design, sales, and service organizations in each of the major regions around the world.

Oclaro’s financials are impressive. From their November 1, 2016 press release:

Results for the First Quarter of Fiscal 2017

  • Revenues were $135.5 million for the first quarter of fiscal 2017, and compare with revenues of $125.2 million in the fourth quarter of fiscal 2016, which was a 14 week quarter, and revenues of $87.6 million in the first quarter of fiscal 2016.
  • GAAP gross margin was 34.2% for the first quarter of fiscal 2017, compared with GAAP gross margin of 32.1% in the fourth quarter of fiscal 2016, and a GAAP gross margin of 25.9% in the first quarter of fiscal 2016.
  • Adjusted EBITDA was $25.6 million for the first quarter of fiscal 2017, compared with Adjusted EBITDA of $19.2 million in the fourth quarter of fiscal 2016, and Adjusted EBITDA of $4.2 million in the first quarter of fiscal 2016.
  • Cash, cash equivalents, and restricted cash were $229.3 million at October 1, 2016.

Nine analysts have OCLR ranked as a “Strong Buy” and one has it rated as a “Buy”. Price target consensus for OCLR is $12 however rumors peg the takeover price at $13. Investors should be aware that all 2016 insider transactions were sales – no management acquired shares of OCLR in 2016.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

Ticker Symbol OCLR
Last Price a/o 8:00 AM EST  $               9.40
Average Volume 5.19 million
Market Cap $1.43 Billion
Sales $456 million
Shares Outstanding 154.95 million
Share Float 154.95 million
Shortable Yes
Optionable Yes
Inside Ownership 2.90%
Short Float 8.38%
Short Interest Ratio 2.5
Quarterly Return 1.43%
YTD Return 165.23%
Year Return 166.76%

Update! Airborne Wireless Network (OTCQB: ABWN) Flying High Since SNU Report!

Airborne Wireless Network – OTCQB: ABWN

When we first wrote about ABWN a couple of weeks ago, it was trading around $0.80 per share. Today it is over $1.35. Our December 16th article follows:

Global internet connectivity is achieved through undersea cables along with ground-based fiber and satellites. Airborne Wireless Network is developing a new approach – an airborne digital highway.  The Company intends to create a high-speed broadband wireless network without towers or cables – they will do it by linking commercial aircraft in flight.  Each aircraft will act as an airborne router, sending, and receiving internet signals from one aircraft to the next and creating a digital superhighway in the sky. Airborne Wireless Network intends the network to be a high-speed broadband internet pipeline.

The Company intends to supply their capacity to wholesale carriers that already have customers such as internet providers and mobile phone companies. Once developed, the airborne network could provide low cost, high-speed connectivity to rural areas, island nations, ships at sea, oil platforms, in addition to connectivity to commercial and private aircraft in flight.

Airborne Wireless Networks holds a patent many in the industry consider highly valuable if the team can execute its plan. Impressively, they have secured Alex Sandel, co-founder of Packard Bell computers, as Chairman of its Advisory board. The company closed a $1,200,000 private placement funding on November 22, 2016.

However, ABWN is not a stock without considerable risk. This is a new technology in a highly competitive industry. Volumes of ABWN are currently weak – less than 22,000 today. Also of concern is that no analysts cover ABWN.

Still, if you have the appropriate appetite for risk ABWN, this is an innovative approach to a real need , internet connectivity, that most of the world cannot do without. ABWN closed today at $0.803.

Always perform your own due diligence before making any decisions regarding the buy or sale of any stock.

Globalstar Inc. (NYSE: GSAT) Receiving Good News

Globalstar, Inc. – NYSE: GSAT

Shares of GSAT are experiencing large volumes on the back of good news. Globalstar, Inc., traded on the NYSE under ticker GSAT, is a leading provider of mobile satellite voice and data services. The Company’s products include mobile and fixed satellite telephones, the innovative Sat-Fi satellite hotspot, satellite data modems, tracking devices and flexible service packages. 

On December 12, 2016 Long Island-based fleet management company Vehicle Tracking Solutions (VTS) announced that it will now be offering complete global coverage as part of a new strategic partnership with Globalstar, Inc. This follows news that General Electric (NYSE: GE) chose Globalstar to equip its employees with Globalstar’s SPOT Gen3 safety devices. Investors have reacted to the news in heavy volumes and pushed GSAT shares up almost 8% in early trading. Sales have increased each year for the Globalstar Inc since 2011 – from $72.8 million to $90.5 million. Meanwhile GSAT experienced a positive EPS ($0.07) for the first time in 2015. Conversely, GSAT is experiencing a high degree of short selling at the time of this writing.

Always perform your own due diligence before making any decisions regarding the buy or sale of any stock. The below data is provided without any guarantee of its accuracy.

Ticker Symbol NVCN
Last Price a/o 10:25 EST  $               0.90
Average Volume 3 million
Market Cap $902 million
Sales $95.2 million
Shares Outstanding 1.07 Billion
Share Float 309 million
Shortable Yes
Optionable Yes
Inside Ownership 0.10%
Short Float 15.80%
Short Interest Ratio 16.2
Quarterly Return -36.80%
YTD Return -41.70%
Year Return -51.72%

Majesco Entertainment (Nasdaq: COOL) Announces Merger

Market Mover Alert on Majesco Entertainment – Nasdaq ticker: COOL

Majesco Entertainment is up over 60% today on large volumes. Majesco Entertainment trades on the Nasdaq under the ticker COOL.

The company is based in Edison, NJ. Majesco develops video games for the mass market featuring casual and family oriented titles for console and mobile platforms. Majesco Entertainment is over 25 years old and has distribution through retailers such as WalMart, GameStop, Best Buy, Toys ‘R Us, and Target.

The shares of COOL seem to be responding to a merger agreement between Majesco and PalarityTE Inc. – a innovative regenerative medicine company that develops products for plastic and reconstructive surgeries. The merger has been approved by the board of directors of both companies.

Dr. Edward Swanson, COO, stated, “PolarityTE will change the landscape of regenerative medicine, beginning with our first target tissue: skin. Prior to the groundbreaking discovery by Dr. Lough, the world had never seen true regeneration of functional skin, including all layers and hair. Skin regeneration of this magnitude is thought of as the holy grail by burn surgeons.” 

COOL shares once traded above $120. At the time of this writing they are trading around $5.28. The merger may be an attempt to grow revenues as sales have slid from over $130 million in 2012 to a mere $6.7 million in 2015.

Always perform your own due diligence before making any decisions regarding the buy or sale of any stock. The below data is provided without any guarantee of its accuracy.

Ticker Symbol COOL
Last Price a/o 2:25 EST  $               5.16
Average Volume 24,700
Market Cap $8.7 million
Sales $1.7 million
Shares Outstanding 2.77 million
Share Float 1.9 million
Shortable Yes
Optionable No
Inside Ownership
Short Float 3.03%
Short Interest Ratio 2.33
Quarterly Return -14.60%
YTD Return -28.20%
Year Return -35.07%