Saturday, March 26, 2011

Live And On Watch: LEXG, LQMT and TNGN

Mariposa Resources Ltd ( OTC:LEXG ) appointed Brandon Colker and Jon Jazwinski as a directors of the company. Previously, Colker served as the CEO of Sustainable Venture Capital and has extensive connections to private and institutional capital which is expected to be used for growth of Lithium Exploration Group. Jazwinski, recently served as a field engineer on BHP Billiton's San Manuel Mine Closure Project with SRK Consulting. Mariposa Resources stock is currently trading at $1.16. The stock is down 0.85% from its previous close. Mariposa Resources stock touched the high of $1.18 and lowest price in today's session is $1.16. The company stock has traded in the range of $0.07 and $1.18 during the past 52 weeks. The company's market cap is $55.24 million. Liquidmetal Technologies, Inc. ( OTC:LQMT ) reported fourth quarter results, with revenues of $11.1 million and $33.0 million for the fourth quarter and full year 2010, respectively. The company had operating income of $4.8 million and $15.7 million, for the fourth quarter and full year 2010, respectively. Liquidmetal Technologies stock is currently trading at $0.580. Liquidmetal Technologies stock touched the high of $0.60 and lowest price in today's session is $0.58. The stock is currently trading below its 50-day and above its 200-day moving average of $0.63 and $0.54, respectively. The company stock has traded in the range of $1.00 and $3.05 during the past 52 weeks. The company's market cap is $16.83 million. Tengion, Inc. ( NASDAQ:TNGN ) reported fourth-quarter net loss of $5.94 million as compared to $10.24 million. The loss for the quarter was $0.48 per share as compared to $14.62 per share last year. The adjusted net loss was $5.94 million or $0.48 per share as compared to $6.49 million or $1.02 per share last year. The decrease in loss was primarily due to the receipt of Qualifying Therapeutic Discovery Project Grants totaling $1 million in the fourth quarter. The loss per share for the quarter was significantly affected by the company’s initial public offering of 6 million shares in April 2010. Tengion stock is currently trading at $2.71. The stock is down 5.95% from its previous close. Tengion stock touched the high of $2.89 and lowest price in today's session is $2.51. The stock is currently trading below its 50-day and 200-day moving average of $3.10 and $3.11, indicating bearish sentiment. The company stock has traded in the range of $2.03 and $6.24 during the past 52 weeks. The company's market cap is $63.48 million. I own 10,000 shares of LEXG
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