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Delaine Corp.’s Share Value Falls 36.11% despite Releasing Strong Annual Report

Friday, 17 October 2014 04:00 AM

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Delaine Corp.’s (OTCQB: DEPN) stock volume shot through the Stratosphere Oct. 16 after the Wyckoff, N.J.-based used auto-parts seller reported its strong results for the fiscal year ending Jun. 30, 2014.

Delaine traded 2.5 million shares, about 125 times its 30-day average volume of 20,006 shares.

Nonetheless,  DEPN's shares also lost 36.11% of their value, closing at 6 cents, down 3 cents from its close of 9 cents the previous day.

Strong Annual Report

According to its financials released Oct. 15, Delaine, which sells under the brand name “Car Monkeys,” increased its sales to $672,858 for the period ended June 2014, compared to $3,210 in sales for the period ended June 2013. The company also reported a net income of $94,583 for the year ended June 2014 compared to a loss of $331,020 for the same period a year ago.

In addition, Delaine’s cash for the period increased to $123,331 from $41,334.

Find out what could be the best investor’s move when it comes to WSTI by getting the complete report here or by cutting and pasting the following link in your Web browser:

www.sixfigurestockpicks.com           

 

WindStream Technologies Inc.’s Share Price Down 12.87%

WindStream Technologies Inc.’s (OTCQB: WSTI) stock volume soared Oct. 16, with 665,396 shares changing hands, substantially higher than its 30-day average volume of 422,872 shares.

The uptick in volume comes on the heels the Mount Vernon, Ind.-based alternative energy company’s Oct. 7 announcement that it’s now offering a mobile product, the MobileMill(TM) to customers around the world.

Capabilities of Mobile Product

This new technology combines the company's patented technology with additional means of energy generation in a compact, portable, stand-alone energy platform that has a wide range of uses.

Drawing energy from wind and solar resources the MobileMill said it ensures that the stored system will stay charged by offering a generator and grid-tied energy as a backup. From a customized vehicle, solar panels and wind turbines deploy in under 60 seconds, powering computers and communication equipment while storing energy on-site for an uninterrupted 24-hour power supply.

On Oct. 16, WSTII’s share value closed at 44 cents, down 6 cents, or 12.87%, from its closing price of  50 cents the previous day.

Find out what could be the best investor’s move when it comes to WSTI by getting the complete report here or by cutting and pasting the following link in your Web browser:

www.sixfigurestockpicks.com           

 

Solitron Devices’ Shares Rise on Heavy Volume

Solitron Devices, Inc.’s OTCQB: SODI) stock was heavily traded Oct. 16, with 57,366 shares changing hands, 33 times higher than its 30-day average volume of 1,707 shares.

What’s behind the surge in volume is uncertain because the West Palm Beach, Fla.-based semiconductor maker hasn’t been in the news lately, or issued any press releases.

But we do know that the company manufactures and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets.

Solitron also manufacture a large variety of bipolar and metal oxide semiconductor power transistors, power and control hybrids, junction and power MOS field effect transistors, field effect transistors and other related products.

Most of the company's products are custom made pursuant to contracts with customers whose end products are sold to the United States government. Other products, such as Joint Army/Navy transistors, diodes and Standard Military Drawings voltage regulators, are sold as standard or catalog items.

On Oct. 16, SODI’s share value closed at $4.18, up 16 cents, or 3.98%, from its closing price of $4.02 the previous day.

Find out what could be the best investor’s move when it comes to SODI by getting the complete report here or by cutting and pasting the following link in your Web browser:

www.sixfigurestockpicks.com           

 

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