M-Wave, Inc. (Symbol: MWAV) is a value-added service provider of high-performance printed circuit boards used in a variety of digital and high-frequency communications applications for a variety of telecommunications and industrial electronics applications. I have to be honest with you, I don’t know much about this industry - especially the products that they offer.

However, when I was doing my research and found this company, I was pretty impressed to see how much their price/share has increased in the past 6 months (see below). Currently the stock is traded at $1.55/share - increased by 11% today.

For the nine months ended 30 September 2005, M-wave, Inc.’s revenues rose 22% to $16.6M. Higher loss reflects higher cost of goods sold, increased general & administrative expenses, higher selling & marketing expenses, lower interest income, increased interest expense and impairment of investment.

I have noticed that the price/share started climbing when they successfully raised $6.5 Million in equity - which includes elimination of $4.6 Million of debt (read here). Their 52 week high is $2 and 52 week low is $0.29. Since they’re currently traded at $1.55/share, I’m pretty sure sooner or later their price is going to hit $2/share again. Again, as I’ve said before, I’m not really familiar with their industry and their product; however, looking at the direction where the stock price is going, this might be a good investment. A short-term investment, I’d say.

Quote of the Day:
He that is of the opinion money will do everything may well be suspected of doing everything for money. - Benjamin Franklin

I’ve been watching this stock for the past 2 months now, and I guess this is the perfect time to write about them.

Carrington Labs Inc. (Symbol: CARN) is a bio-tech company which is currently engaged in the development, manufacturing, and marketing of naturally derived complex carbohydrates and other natural product therapeutics for the treatment f major illnesses, the dressing and management of wounds and nutritional supplements.

They consist of three business divisions:

• Medical Services Division - The division that sells prescription and non-prescription medical products. They also provide manufacturing services to the medical markets
• Consumer Services Division - Sells consumer and bulk raw material products and offers product development and manufacturing services to the cosmetic and nutraceutical markets
• DelSite Biotechnologies Inc. - a wholly owned subsidiary that operates independently from the Company’s research and development program, and is responsible for the research, development and marketing of the Company’s GelSite technology

Even though they reported revenue of $28 million for the year 2005, they actually experienced net loss of $5.3 million and that was resulted from increased research and development expenses. Their revenue actually declined by $2 million compared to 2004 revenue.

However, their stock price has actually gone up by $1 since I started monitoring them - which was sometime in February. Had I bought 1,000 shares of them back in February (at $4.66/share), I would’ve made profit of $950 by now (it’s currently traded at $5.61/share). That’s actually not bad at all - considering it’s free money.

Here’s their price history for the period of January - April:

As you can see, the price started climbing at then end of February and it was fluctuating a lot once it’s passed $5/share. However, it was still able to make its way up to $7/share and now currently hovers over $6. I still believe it’s going to go back up to $8/share (maybe once their revenue for Q1 2006 increases). We’ll see what’s going to happen in the next few months..

Quote of the Day:
The trend is your friend. - Technical analysis motto

I’m sure you all have heard about Google Finance, another feature on Google that offers the users information about stocks and mutual funds - along with charts, financial statements, news, and some other stuff. The cool thing about Google Finance is that they offer information from blog posts - which is something that has never been done by any other financial sites such as MSN Money and Yahoo Finance.

If you’re a true investor and need to do research on companies/stocks that you want to invest in, I’d highly suggest to try Google Finance since it offers a lot more information that any other sites. All the information is available for you in one place. Another cool thing about Google Finance is that their interactive charts correlate market data with news stories to help you determine if there’s a relationship between them. You can also click and drag the charts to see different time periods and see more detailed information. And if you see a stock that you want to monitor very closely, you can also add it to your “portfolio.”

Quote of the Day:
If your broker is so smart, why is he still working? - E*Trade advertisement