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  • 3 WMM NanoCap Market Movers (NASDAQ: HOOK) (OTCBB: BLGO, PBOF) 0 comments
    May 18, 2010 12:56 PM | about stocks: BREW

    BioLargo, Inc. (OTCBB: BLGO) $17M (MarketCap) is currently trading up $.05, or 14.29% at $.40 a share very light volume. The jump comes with no news, although some revealed Charles K. Dargan, the Chief Financial Officer for The Company, had exercised an option to buy 30,000 shares on April 30th, 2010. The stock was then trading just above $.35 per share.
    Craft Brewers Alliance, Inc. (NASDAQ: HOOK) $50M (MarketCap) is currently trading up $.33, or 12.6% at $2.95 a share at nearly five times the daily average volume. On May 14th, 2010 The Company released first quarter earnings, the highlights of which include a tremendous increase in cash and cash equivalents of $753K compared to $11K in the first quarter of 2009. Earnings per share came in a $.01 per basic and diluted share compared to ($.06) per basic and diluted share in the year-ago period. We have a few questions we would like to ask management tomorrow during the earnings call so keep your eyes peeled for our update. As reported in an earlier blog post, Craft Brewers stock is up 40% from the lows in February of 2010.

    Pure Biofuels Corp. (OTCBB: PBOF) $14M (MarketCap) is currently trading up $.01, or 20% at $.06 per share a little more than twice the daily volume. Scant news was collected to account for the price appreciation, but a look into The Company revealed that Pure Biofuels Corp., through its directly owned subsidiaries Pure Biofuels del Peru S.A.C. and Palma Industrial S.A.C., processes, produces and distributes biodiesel as an alternative fuel for freight and transportation fleets, marines, farming, rail and aviation industries, and other industrial uses. The Company’s products are sold in Peru and the first quarter 2010 report booked a heavy drop in revenues and costs. Net loss per basic and diluted share was ($.01) compared to ($.05) in the year-ago period.

    Disclosure: no positions

    Stocks: BREW
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