Five Star Equities Issues New Research Reports on CMGE, GIGM, NVTL and WTSL


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Companies Mentioned

NASDAQ:CMGE / NASDAQ:GIGM / NASDAQ:NVTL / NASDAQ:WTSL
03/24/2014 [ACCESSWIRE]

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China Mobile Games & Entertainment Group Ltd. (NASDAQ: CMGE) shares dropped 12.54 percent to close at $22.18 a share Friday. The stock traded between $22.06 and $24.03 on volume 2.28 million shares traded. The company priced a follow-on public offering of 3,442,000 American depositary shares at $24.00 per ADS. Shares of China Mobile Games & Entertainment are down approximately 12.0 percent year-to-date.

Get more information on China Mobile G&E free access to the in-depth equity report at:  
www.FiveStarEquities.com/CMGE

GigaMedia Limited (NASDAQ: GIGM) shares spiked 9.55 percent to close at $1.72 a share Friday. The stock traded between $1.57 and $1.84 on volume of 2.55 million shares traded. The company reported preliminary results for the fourth quarter of 2013 which were in line with guidance. Shares of GigaMedia are up approximately 70.0 percent year-to-date.

Get more information on GigaMedia and free access to the in-depth equity report at:  
www.FiveStarEquities.com/GIGM

Novatel Wireless Inc. (NASDAQ: NVTL) shares jumped 8.70 percent to close at $2.00 a share Friday. The stock traded between $1.85 and $2.02 on volume of 1.17 million shares traded. The company previous reported revenue was $335.1 million for the full year fiscal 2013. Shares of Novatel Wireless are down approximately 15.0 percent year-to-date.

Get more information on Novatel Wireless and free access to the in-depth equity report at:  
www.FiveStarEquities.com/NVTL

The Wet Seal, Inc. (NASDAQ: WTSL) shares fell 11.43 percent to close at $1.55 a share Friday. The stock traded between $1.43 and $1.73 on volume 5.44 million shares traded. The company reported consolidated comparable store sales declined 16.5 percent for the fourth quarter of 2013. Shares of The Wet Seal are down approximately 43.0 percent year-to-date.

Get more information on The Wet Seal and free access to the in-depth equity report at:  
www.FiveStarEquities.com/WTSL

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Five Star Equities has no financial relationship with any company whose stock is mentioned in this release.

Contact:              
Five Star Equities
info@fivestarequities.com

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