(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)
Novatel Wireless (NVTL) lost 24.2% to close at $2.12 on Friday, after missing analysts' estimates on earnings and revenue in fiscal 4Q 2013 and posting a below-estimates 1Q 2014 guidance. But in my opinion, that was an overreaction that completely ignores the underlying improvements the company has made in several fronts to exit 2014 as a profitable enterprise.
Looking to 1Q 2014, the company expects revenue of between $50 million and $54 million, while analysts expect $75 million in revenue for the quarter. The company expects...
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