Today, our Under the Radar Moversnewsletter suggested shorting small cap wireless communications manufacturer RELM Wireless Corporation (NYSEMKT: RWC):
RELM Wireless isn’t apt to be a huge winner for is, though the odds of it being a winner of some size are significant. The deterioration is slow and steady, and the stock pulled under the 200-day moving average line (green) with little hesitation. The 20-day line did the same a few days ago, and now both of those moving averages seem to be acting as a ceiling.
What’s particularly compelling about this chart is how much bearish volume came out of the woodwork after yesterday’s failed attempt to crawl back above the 200-day moving average line.
Our Under the Radar Moversnewsletter has a more detailed technical chart discussion along with a shorting strategy forRELM Wireless Corporation:
Top 5 Small Cap Stocks To Buy For 2018: FuelCell Energy Inc.(FCEL)
- [By Jim Robertson]
Fuel cell power solutions stock FuelCell Energy Inc (NASDAQ: FCEL)sank 28.13% after pricing an underwritten public offering of (i) 12,000,000 shares of its common stock, (ii) Series C warrants to purchase 12,000,000 shares of its common stock and (iii) Series D warrants to purchase 12,000,000 shares of its common stock, for gross proceeds of approximately $15.4 million at a public offering price of $1.28 per share and accompanying warrants.However, shares are rising by a double digit percentage in Monday premarket trading:
- [By Peter Graham]
A long term performance chart shows shares of Plug Power along withalternative energy or fuel cell stock peers like Ballard Power Systems Inc (NASDAQ: BLDP), FuelCell Energy Inc (NASDAQ: FCEL) and Hydrogenics Corporation (NASDAQ: HYGS) all peaking in 2014 with shares leveling off or just sliding downward moderately over the past year:
- [By Lisa Levin]
FuelCell Energy Inc (NASDAQ: FCEL) shares dropped 33 percent to $1.08. FuelCell Energy priced its $15.4 million underwritten public offering of common stock and warrants.
- [By Peter Graham]
A long term performance chart shows shares of Plug Power plus alternative energy or fuel cell stock peers like Ballard Power Systems Inc (NASDAQ: BLDP), FuelCell Energy Inc (NASDAQ: FCEL) and Hydrogenics Corporation (NASDAQ: HYGS) all peaking in 2014 before collapsing with shares leveling off or perhaps finally to recover a bit:
Top 5 Small Cap Stocks To Buy For 2018: Panera Bread Company(PNRA)
- [By Lisa Levin]
Shares of Panera Bread Co (NASDAQ: PNRA) got a boost, shooting up 14 percent to $312.29 after the company agreed to be acquired by JAB for $7.5 billion.
- [By Motley Fool Staff]
In this segment fromMarket Foolery, host Chris Hill is joined by Motley Fool analystDavid Kretzmann as they break down how coffee-and-pastry focused JAB Holding Company will fit a fast casual brand into its privately held portfolio. With the acquisition, the JAB is expected to give thePanera Bread(NASDAQ:PNRA)team even more autonomy than usual.
- [By Billy Duberstein]
In late March, the company informed investors that after a two-year undertaking, it had finally removed all preservatives from its tortillas, making the Chipotle menu completely preservative-free. The company also called out competitors McDonald’s (NYSE: MCD) and Panera Bread (NASDAQ: PNRA) for marketing their menus as “natural,” as Chipotle insisted these other restaurants still use preservatives made in a lab.
Top 5 Small Cap Stocks To Buy For 2018: Achillion Pharmaceuticals Inc.(ACHN)
- [By Ben Levisohn]
We updated our annual U.S. Hep C survey in early July, in order to gauge the future for Gilead, AbbVie/Enanta Pharmaceuticals (ENTA), Merck, and J&J/Achillion Pharmaceuticals (ACHN). In conjunction with script trends, physicians indicate that the market for treatment-eligible, easily accessible Hep C patients is shrinking, but that Gilead’s share of the shrinking pie is continuing to grow. With no end to script declines in sight, we are left wondering where the Hep C will bottom…
- [By Paul Ausick]
Achillion Pharmaceuticals Inc. (NASDAQ: ACHN) dropped about 6.9% Friday to post a new 52-week low of $2.69 after closing at $2.89 on Thursday. The 52-week high is $5.66. Volume was around 6.2 million, more than three times the daily average of around 1.9 million. The company had no specific news.
Top 5 Small Cap Stocks To Buy For 2018: Rackspace Hosting Inc(RAX)
- [By Monica Gerson]
Rackspace Hosting, Inc. (NYSE: RAX) reported better-than-expected earnings for the first quarter, but the company missed analysts’ sales estimates. Rackspace shares dropped 7.72 percent to $20.80 in the after-hours trading session.