Bullish Stocks Commentary: Voxeljet AG, Organovo Holdings, Digital Ally, Federal Home Loan Mortgage, Synta Pharmaceuticals Corp
NEW YORK, November 20, 2013 /PRNewswire/ --
Market Buzz Report, which helps in analyzing stocks, issues stocks update for Voxeljet AG (NYSE:VJET), Organovo Holdings Inc(NYSE:ONVO), Digital Ally, Inc.(NASDAQ:DGLY), Federal Home Loan Mortgage Corp(OTCBB:FMCC), Synta Pharmaceuticals Corp.(NASDAQ:SNTA).
Shares of Voxeljet AG (NYSE:VJET) are showing heavy profit booking as the stock has slumped as much as 18.20% to $55.95 after hitting session low of $54.59. The fall was quite expected as the stock had been showing one side rally since going public late October. The stock which had doubled in a month from the listing were witnessing huge buying as of yesterday following the solid quarterly earnings last week. Moreover, the recent rally was driven by growing optimism for the 3D printing sector.
Free Urgent Insider Catalyst Report For VJET Available Here: http://marketbuzzreport.com/index.php?code=VJET (Or Copy and paste the URL into your browser)
If we consider the recent report from Piper Jaffray, which had stated that the stock is a good buying opportunity on any big pullback. Is It the time to buy VJET?
SA contributor Richard Pearson argues Organovo Holdings Inc(NYSEMKT:ONVO) revenue potential "should be expected to add up to just a few million dollars over the next few years," rather than the hundreds of millions expected by bulls.Pearson asserts plenty of competition already exists for Organovo's liver toxicology assays, with some offerings priced very aggressively. He also points out Organovo doesn't expect to launch its 3D-printed assay offering until Dec. 2014, and estimates the total market size amounts to "a few thousand units at most."Also mentioned: Only 7.99% of Organovo's shares are held by institutions; Organovo's non-cash assets (i.e. its IP) has been valued at only $900K; insider selling has been considerable; and Organovo's R&D collaboration revenue has been declining.
Free Urgent Insider Catalyst Report For ONVO Available Here: http://marketbuzzreport.com/index.php?code=ONVO (Or Copy and paste the URL into your browser)
Digital Ally, Inc.(NASDAQ:DGLY) shares spike 14.8% after news gets out that the company has scored a $1M expansion to its contract with the Michigan Department of State Police, bringing the total FY2014 appropriation to $4.5M (for comparative purposes, Q3 revenue was $4.49M).
Free Urgent Insider Catalyst Report For DGLY Available Here: http://marketbuzzreport.com/index.php?code=DGLY (Or Copy and paste the URL into your browser)
Federal Home Loan Mortgage Corp(OTCBB:FMCC) announced today that it will not issue a Reference Notes® security in November. The company's 2013 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities.
Free Urgent Insider Catalyst Report For FMCC Available Here: http://marketbuzzreport.com/index.php?code=FMCC (Or Copy and paste the URL into your browser)
Synta Pharmaceuticals Corp.(NASDAQ:SNTA)'s is the stock which has been catching solid attention over the past one week as it has gained almost 32%. The stock is up 7.60% to $5.24 on Tuesday.
Free Urgent Insider Catalyst Report For SNTA Available Here: http://marketbuzzreport.com/index.php?code=SNTA (Or Copy and paste the URL into your browser)
Recently, the company had completed a secondary share offering and following an SEC filing that one of its directors, Bruce Kovner, purchased a monstrous 5 million shares of the company for $18.8 million. Synta's share offering helped raise $60.4 million pre-tax for the company to use in developing its pipeline, conducting clinical trials, and potentially marketing any therapies that are approved by the Food and Drug Administration. The real news here, though, is the massive insider buy - and it should be noted that a separate director also bought $562,000 worth of Synta common stock.
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