LMRA

[ramlau]

Demand and supply in the real world.

Ram

[ramlau]

Accumulation remains to be strong. New board member just filed a form 3. Earnings on Wednesday. Wireless test results in mid-November.

It's an exciting stock getting more excited.

Ram

[REALDEALS21]

LMRA repeating ACOR !

[422fwhp]

ok, I was a pig again....nice day trade for 8%

[ramlau]

LMRA repeating ACOR !

That's an understatement. The accumulation is a lot stronger here.

Ram

[alvin58]

Lumera 3Q Loss Widens, Rev Up 51% >LMRA
Dow Jones Newswires - November 08, 2006 8:33 AM ET
   

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Symbol   Last Chg
LMRA Trade 9.35 0.00
Real time quote.
 
DOW JONES NEWSWIRES

Lumera Corp.'s (LMRA) third-quarter loss widened to $2.7 million, or 16 cents a share, from $2.03 million, or 12 cents a share, a year earlier.

The Bothell, Wash., provider of nanotechnology said revenue rose 51% to $1.03 million from $681,000 in the year-ago period.

The company also entered into an agreement to issue about 2.83 million common shares and warrants to purchase about 423,750 shares for $16.95 million, before expense.

The warrants will be exercisable for five years from the date of closing at a price of $6.25 a share.

-Adam Kuczynski; 201-938-5400; [email protected]

[alvin58]

glad I didnt buy it my luck I would have bought it at the top. It will be interesting to watch this today. Maybe this will be an opurtunity to buy when it drops?

Lumera plans to raise $17 mln from private offer
Reuters - November 08, 2006 8:36 AM ET
   

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LMRA Trade 9.35 0.00
Real time quote.
 
Nov 8 (Reuters) - Lumera Corp. (LMRA) on Wednesday said it plans to raise about $17 million through a private placement of its common stock.

In a statement, the nanotechnology company said it has agreed with institutional and other investors to issue about 2.8 million of its common shares, and warrants to purchase about 423,750 common shares.

The warrants will be exercisable for five years at an exercise price of $6.25 per share, the company added. (Reporting by Shivani Singh in Bangalore)

[alvin58]

Earnings look pretty good revenues way up. What is everybodys take on lmra now? Could this be a good buying opurtunity?

Lumera Reports Third Quarter 2006 Results and Progress in Product Development
Business Wire - November 08, 2006 8:00 AM ET
   

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Symbol   Last Chg
LMRA Trade 9.35 0.00
Real time quote.
 
Lumera Corporation (NASDAQ: LMRA), a leader in the emerging field of nanotechnology, today reported financial results for the third quarter of 2006 and released information regarding its current product development progress.

Revenues totaled $1,030,000 for the three months ended September 30, 2006 compared with $681,000 for the same period in 2005, a 51 percent increase over the prior year. Lumera's net loss totaled $2,698,000 or $0.16 per share for the third quarter of 2006 compared with $2,034,000 or $0.12 per share for the same period in 2005.

Revenues totaled $2,198,000 for the nine months ended September 30, 2006 compared with $1,269,000 for the same period in 2005, a 73 percent increase over the prior year. Lumera's net loss totaled $8,992,000 or $0.54 per share for the nine months ended September 30, 2006 compared with $7,838,000 or $0.47 per share for the same period in 2005.

"We continue to make progress in developing products for what we believe will be large market opportunities," said Lumera Chief Executive Officer Tom Mino. "Our biosciences initiative continues to mature. During the quarter, we focused our resources on launching a successful commercial ProteomicProcessor(TM), instead of making additional beta units for evaluation with other collaboration partners. We are now confident that we have the necessary customer feedback on features and functions to succeed in the marketplace."

[ramlau]

Got stopped out yesterday at the mid $9s. The gap down was quite awesome since a lot of longs are trapped. Just bought everything back at the low $8s and set a tight stop in case it craps up some more. But so far so good in the first hour of today's trading.

Ram

[alvin58]

I got in at 8.15. It sure didnt sell off like it looked like it was gone to. Theres alot going for this company so IM takin a chance.

[alvin58]

just sold part at 8.56, man lmra moves fast

[REALDEALS21]

Alvin, you SOLD too early !! 

[ramlau]

just sold part at 8.56, man lmra moves fast

I bought more in the $8.60s. Now I'm loaded with roughly 20k shares.

Ram

[alvin58]

Alvin, you SOLD too early !! 

I only sold a third. This stock realy makes me nervous the way it moves.

[alvin58]

I sold at 8.82 made almost 2k on it and Im real happy. I almost dumped it when it dropped below 8. Hope you guys make alot on it.