Benzinga's Small Cap Movers for Thursday February 14, 2013

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Below are highlights from Benzinga's daily coverage of small cap securities making big moves:
Discovery Laboratories
Shares of Discovery Laboratories
DSCO
, the Warrington, PA biotechnology company, rose 23% Thursday on 8 times average volume. Discovery Laboratories announced Wednesday that it has entered into a secured loan facility with Deerfield Management Company, L.P. for up to $30.0 million in financing. Discovery Laboratories closed at $2.67 on Thursday.
Westinghouse Solar
Westinghouse Solar
WEST
, the Campbell, CA designer and manufacturer of integrated rooftop solar power systems, rose 105% Thursday on 40 times average volume. Westinghouse Solar shares rose as part of a strong solar sector on Thursday. Westinghouse Solar closed at $0.12 on Thursday.
S&W Seed Company
Shares of S&W Seed Company
SANW
, the Five Points, CA producer of warm climate, high yield alfalfa seed varieties, rose 12% Thursday on almost 5 times average volume. S&W Seed announced Wednesday, financial results for its second quarter of fiscal year 2013 ended December 31, 2012. For the second fiscal quarter ended December 31, 2012, S&W reported revenues of $13.7 million versus $4.7 million in the comparable period of the prior year, an increase of 189%, and versus $6.7 million in first quarter ended September 30, 2012, an increase of 104%. Adjusted non-GAAP net income for the second quarter of fiscal 2013, excluding the stevia valuation reserve and acquisition related expenses (See Non-GAAP Adjustments to Income Statement), was $351,000, or $0.05 per basic and $0.04 per diluted share, compared to $89,000, or $0.01 per basic and diluted share, in the first quarter of fiscal 2013, and compared to $443,000, or $0.08 per basic and diluted share, in the second quarter of fiscal 2012. S&W Seed Company closed at $8.75 on Thursday.
The information in this article is taken from public sources, press releases, and websites that cannot always be verified. Please note that investing in microcap stocks is highly speculative. The companies mentioned here are for information purposes only. Benzinga makes no claim as to the suitability of these stocks as an investment. Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.
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