2/16/10

Two-Month Performance: RES Free Thinking Top 10 Tech Picks for '10

After two months, here is the current price performance of the first seven stocks picked for the RES Free Thinking Top 10 for 10. The baseline date is December 16, 2009. The basket of stocks is up 14.5% YTD, and up 3.8% sequentially over the past month. The high flyers continue to be GXI and MMC with PN, and especially CX, under performing to date.

Price Performance
SymbolDec-16Jan-13Feb-16Since DecSequential
BWC$ 8.10 $ 8.70 $ 9.19 13.5%5.6%
DSG$ 6.14 $ 6.70 $ 6.42 4.6%-4.2%
CX$ 1.17 $ 1.15 $ 0.92 -21%-20.0%
GXI$ 0.94 $ 1.15 $ 1.35 44%17.4%
IEE$ 0.18 $ 0.20 $ 0.20 8%-2.5%
MMC$ 0.17 $ 0.21 $ 0.27 59%28.6%
PN$ 1.76 $ 1.63 $ 1.66 -6%1.8%
14.5%3.8%

It will be obvious to investors that there are only seven stocks in the Top 10. Three should be added by the end of February.

Disclosure: I owns shares of DSG, BWC, CX, MMC

M Partners Disclosures:

2/11/10

RKN:TSX Q1 2010 Results Down Again - Turning a corner or more turbulence to come?

This morning, Redknee reported Q1 2010 results. Revenue was reported at $11.4m, down 17% from Q1 2009 revenue of $14.2m and up by 13.5% sequentially from $10.4 m reported in Q4 2009. Gross margins were reported at 77%, slightly higher than previous year quarter reported at 76%. Actual gross profit was reported at $9.1m, down from $10.8 m reported for Q1 2009.

2/8/10

Mutliplied Media (MMC.V) Announces Definitive Agreement to Acquire Unomobi.

On Friday, February 5, 2009, Multiplied Media announced that it had signed a definitive agreement to acquire Unomobi for a total value of $6.125 million. As stated in earlier communication, MMC will issue 95,000,000 shares out of treasury at $0.065 per share. The transaction is expected to close on February 11th, 2010, a little ahead of the schedule communicated in late 2009.

2/3/10

Top 10 Posts on RES Free Thinking LTM

There have been 140 articles posted on RES Free Thinking since it was launched. Most posts have an immediate audience and a "best before" date of about five days, after which there is little interest from readers. Considering the time-sensitive nature of most of the content, this should be a typical pattern. However, from time-to-time, a post will capture and hold interest among users for a while, creating a "long tail" of readership. Here is the list:

2/2/10

Mosaid (MSD:TSX): It's Been A Good Month

In the spirit of Chris Bosh being named Eastern Conference Basketball Player of The Week, it seems appropriate to highlight the month enjoyed by Ottawa's technology patent licensing king, Mosaid Technologies.