Tuesday, March 15, 2011

Watchlist For March 15: HEK, BSPM, APT

Heckmann Corporation ( NYSE:HEK ) reported fourth quarter results, with
revenues at $14.3 million compared with $8.7 million for the same year-ago
period. The net income for the fourth quarter was $236,000 or $0.00 per share as
compared with net income of $77,000, or $0.00 per share for the fourth quarter
of 2009. For the full year, the company reported revenues of $45.7 million as
compared with $36.0 million for 2009. The net loss was $(14.7) million or
$(0.14) on per share as compared to a net loss of $(395.4) million, or ($3.61)
per share in 2009. The company raised guidance for revenues by 50% for full year
2011, doubled guidance for EBITDA. The company expects first quarter 2011
revenue of $23 million, up 64% quarter-over-quarter and nearly triple
year-over-year. Heckmann Corporation stock is currently trading at $5.91. The
stock is up 6.10 percent from its previous close. Heckmann Corporation stock
touched the high of $6.01 and lowest price in today's session is $5.60. The
company stock has traded in the range of $3.63 and $6.28 during the past 52
weeks. The company's market cap is $643.60 million. Biostar Pharmaceuticals,
Inc. ( NASDAQ:BSPM ) provided an update on preliminary sales for October and
November 2010. The company's preliminary estimates of its combined revenues
for October and November 2010, recorded revenues for the period increased 68% to
approximately $18.3 million as compared to $10.9 million for the same period of
2009. The sales of Xin Aoxing Capsules, its flagship product, increased by 67%
to $12.4 million or 68% of total unaudited revenue for the first two months of
the fourth quarter 2010. The company estimates its unaudited revenues for the
first 11 months of 2010 to be $70.2 million, 88% of the companys full year
revenue guidance of $80 million, an increase of 49% compared to the same period
of last year. Biostar Pharmaceuticals stock is currently trading at $1.83. The
stock is down 10.29 percent from its previous close. Biostar Pharmaceuticals
shares touched the high of $1.97 and lowest price in today's session is $1.62.
The company stock has traded in the range of $1.62 and $5.51 during the past 52
weeks. The company's market cap is $48.11 million. Alpha Pro Tech, Ltd. (
AMEX:APT ) is expected to report its results for the fourth quarter and year end
of 2010 on March 15, 2011 after the close of the market. Alpha Pro Tech stock is
currently trading at $1.65. The stock is up 7.14 percent from its previous
close. Alpha Pro Tech stock touched the high of $1.87 and lowest price in
today's session is $1.53. The company stock has traded in the range of $1.40
and $3.53 during the past 52 weeks. The company's market cap is $37.83
million.

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