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10 Most Notorious Hackers of All Time

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There are many notable hackers around the world. We at Hacked have put together a list of the 10 most notorious hackers of all time. 

1. Jonathan James

JonathonJamesKnown as “comrade” by many online, 15-year-old Jonathan James was the first juvenile convicted and jailed in the United States for hacking. James hacked into companies like Bell South, as well as the Miami-Dade school system and the Department of Defense in 1999. He gained access to information like the source code responsible for operating the International Space Station.

Once NASA detected the breach, the space agency shut down their computers for three weeks, apparently losing an estimated $41,000. Arrested on January 26, 2000, James plea-bargained and was sentenced to house arrest and probation. He later served six months in an Alabama prison after failing a drug test and thus violating his probation. Boston Market, Barnes & Noble, Office Max and other companies were victims of a 2007 massive hack. James was investigated by law enforcement for the crimes despite his denying any involvement.

James was found dead from a self-inflicted gunshot wound on May 18, 2008. In his suicide note he wrote he was troubled by the justice system and believed he would be prosecuted for newer crimes with which he had nothing to do.

 

2. Vladimir Levin

Russian hacker Vladimir Levin accessed Citibank computers in 1995 and re-routed $10 million into other bank accounts around the world.

Interestingly, Levin did not use the Internet to gain access to the bank’s database. Instead, he tapped into telecommunications systems and listened to customers state their account information. All but $400,000 was recovered, and he pled guilty to one charge of making $3.7 million in unauthorized transfers, according to the Wall Street Journal. Levin received three years in prison and was ordered to pay back $240,000 to Citibank. As the Federal Bureau of Investigation writes in 2014:

It was hardly the opening salvo in a new era of virtual crime, but it was certainly a shot across the bow.

Two decades ago, a group of enterprising criminals on multiple continents—led by a young computer programmer in St. Petersburg, Russia—hacked into the electronic systems of a major U.S. bank and secretly started stealing money. No mask, no note, no gun—this was bank robbery for the technological age.

Our case began in July 1994, when several corporate bank customers discovered that a total of $400,000 was missing from their accounts. Once bank officials realized the problem, they immediately contacted the FBI. Hackers had apparently targeted the institution’s cash management computer system—which allowed corporate clients to move funds from their own accounts into other banks around the world. The criminals gained access by exploiting the telecommunications network and compromising valid user IDs and passwords.

 

3. Gary McKinnon

Gary_McKinnon_Wiki

Between 2001 and 2002, Scottish computer hacker Gary McKinnon gained access to 97 American military networks between 2001 and 2002, even leaving the military a message on its website: “Your security is crap.” McKinnon’s goal was to prove the existence of UFOs. The US failed to extradite him.

His hack has been called the “biggest military computer hack of all time.”  Today the former hacker has re-invented himself as a SEO wizard, charging 40 pounds per hour to help firms rank. Here is what the well-known hacker said he found during his hacks:

 

 

4. John McAfee

JohnMcAfee

When John McAfee lived in Belize, he planned to study plants. Probably some psycho-active plants. He had a lab for this. Authorities seized his property for creating drugs in this lab, claims McAfee, after an official came seeking political bribes from the gringo. To get back at the Belize government and prove their corruption, he hacked every major computer from Belize government bureaucracies. He found evidence implicating officials in corruption, laundering, drug running and murder. He had to organize his own escape out of Belize to avoid arrest. He did this by faking a heart attack.

Today McAfee lays low, believing he is routinely being tracked by law enforcement. He recently posted on social media he got into a shootout with police after having been arrested.

 

5. Astra

Astra, a pseudonym, stands for a Greek hacker who gained access to French aviation company Dassault Group computers, stealing weapons technology data for more than five years. Astra sold information about jet fighters and military aircrafts to countries during the period spanning the hacks. Astra’s infiltration of Dassault computers apparently cost the company more than $360 million. Astra’s identity, never identified, is described by authorities as a 58-year old mathematician. Caught in January 2008, Astra was sentenced to six years in jail.

 

Stephen Wozniak // Viappy / Shutterstock

Stephen Wozniak // Viappy / Shutterstock

6. Stephen Wozniak

Co-founder of Apple Stephen Wozniak’s first white-hat hacking involved “phone-phreaking.” He bypassed the phone system and, while studying at the University of California, made devices for friends called “blue boxes” which enabled free long-distance phone calls. Wozniak reportedly used one of these devices to try and call the Pope. He later formed Apple Computer with pal Steve Jobs.

 

7. James Kosta

James Kosta and partners hacked big business and military computers, including major banks, General Electric and IBM. He was 14-year-old. Convicted of 45 counts of technical burglary and 45 years in prison, he instead joined the Navy at 18 years-old as intelligence analyst. At 20 he joined the CIA to track warlords in Africa and Middle East, and at 24 he sold his first dotcom company for millions of dollars. Today he mentors “troubled youth” to tap their full potential.

“When you look a little deeper, as people did with me, you’re able to get kids focused on their potential,” he once said.  Here is a recent Ted Talk he gave on the online gambling.

 

8. Kevin Mitnick

Kevin Mitnick has had a long lasting impact on the security industry. In early adulthood, he made free calls on hacked cellphones and stole code from companies such as Sun Microsystems and Novell, according to The New York Times. He told the times he even hacked into NSA phone calls. After pleading guilty to numerous fraud charges, he served five years in prison and now works as a professional security consultant. He remains active today, especially on Twitter.

KevinMitnick

9. Adrian Lamo

C_Manning_Finish-1

Chelsea Manning

The “homeless hacker”, Adriam Lamo, is also one of the world’s most hated hackers after turning in Chelsea Manning for leaking classified US Army documents.

Before that, he hacked the computer of The New York Times in 2002 gaining access to private databases including information of all 3,000 authors of op-eds at the paper. Sentenced two years probation and fined nearly $65,000, Lamo went on to bigger fame later in life.

Lamo turned in Chelsea Manning for being a source to WikiLeaks. He said Manning’s long sentence would be a “lasting regret.

I think about him every day. The decision was not one I decided to make, but was thrust upon me.

 

10. David L. Smith

David Smith authored the Melissa worm virus; that is, the first successful email-aware virus distributed in the Usenet discussion group alt. sex. Arrested and sentenced for causing more than $80 million in damage, David Smith remains one of the world’s original notorious hackers after serving 20 months in jail.

There are other notable hackers, such as Max Ray “Iceman” Butler (ran up over $86 million in fraudulent charges), Kevin Poulson (military and phone company hacks), Jeremy Hammond (Anonymous) and Albert Gonzalez ( hack of TJ Maxx and other retailers). Of course, there are entire hacker groups, such as Anonymous, as well. 

Who are some of the most notorious hackers in your mind? Let us know in the comment field below.

Featured image from Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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5 stars on average, based on 1 rated postsJustin O'Connell is the founder of financial technology focused CryptographicAsset.com. Justin organized the launch of the largest Bitcoin ATM hardware and software provider in the world at the historical Hotel del Coronado in southern California. His works appear in the U.S.'s third largest weekly, the San Diego Reader, VICE and elsewhere.




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  1. mmb

    September 6, 2015 at 7:47 pm

    After being denied by administrators, Mark Bolzern hacked the University of Alaska statewide computer network in 1978, doing something they didn’t think was possible. He used the central Honeywell 66 in Fairbanks to send emails to all system users inviting them to participate in an Apple II user group via an early shared account he created, and then set up group communication via what was then called xmail. Perhaps the first BBS in history. The Apple access (terminal emulation, etc) was done free via software written and distributed by Bolzern and an associate that made any Apple II with a Hayes modem into a remote terminal for this GCOS system, later an IBM PC version called PC Communicator (By Bolzern, before PC-Talk) was released as well. GCOS was a very early variant of Unix, and is why the field in Linux where the user’s full name goes is called the GCOS field. The Apple software written by Bolzern was to my knowledge the worlds very first instance of a remote computer booting itself from scratch into networked cooperation with host computer. Any user could type one line of hex codes on his Apple II (received via email, or on paper), which then dialed the UofA system, downloaded and launched the rest of the software. Mark also used this software himself to continue accessing and using the system in his third floor Lathrop Hall Dorm room (holes in the walls still there in the 90s, and maybe even now), via wires to the one phone down the hall. Also from anywhere else he happened to be with his Apple II and Hayes Modem, as well as to communicate with his family back home via email, and continued after graduation as an Electrical Engineer in 1981. What Bolzern created at UAF soon became used by university teachers and students for years thereafter. For a hint of what he has accomplished since see the WIkipedia entry on him, or his LinkedIN profile. Very impressive. Definitely one of the unsung heros of the last fourty years. https://en.wikipedia.org/wiki/Mark_Bolzern
    https://www.linkedin.com/in/markbolzern

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Top 5 REIT ETFs Allow Investors To Gain Expsoure To Real Estate With Limited Risks

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Real estate exchange traded funds (ETFs) allow investors to buy shares and receive dividend distributions based on their investment. This provides a unique angle to real estate investing, which often uses leverage, whereby a buyer borrows against most of a property’s value to gain income from the property, even though the buyer only put part of the money into the property.

A real estate ETF, on the other hand, invests in several real estate companies simultaneously, versus the individual investor buying and betting on one property. Because the investor does not have to borrow money to buy the real estate, there is no debt to repay.

Investopedia has selected the following real estate ETFs as the top five ETFs that allow investors to get into real estate without having to be a landlord or a partner in an investment group. The top five real estate ETFs are based on assets under management as of July 17, 2017.

They are listed from largest to smallest. The investment approaches of each fund were evaluated so investors can compare styles and results.

1. Vanguard REIT ETF (VNQ)

Source: Google Finance Yahoo Finance MSN Money

VNQ’s main goal is high income. Investors can also experience growth in the value of their investment, but that is secondary. VNQ tracks an index that measures the performance of real estate investment trusts (REITs).

The REITs’ specific stocks are part of the MSCI U.S. REIT Index. The holdings get weighted in a manner similar to the index’s weightings.

This ETF is by far the largest real ETF, with over $30 billion in assets, and one of the cheapest, with an expense ratio of 0.12%, according to Morningstar.

VNQ tracks a broad index that captures a large portion of the U.S. real estate market, according to ETF.com. The market cap allocations reflect those of ETF.com’s neutral benchmark. It only deviates in the persistent sector bias away from specialized REITs in favor of commercial ones.

VNQ offers massive assets and is extremely cheap to hold, according to ETF.com. Its portfolio management has brought the cost of owning VNQ even lower than its stated expense ratio.

The only downside is that Vanguard discloses holdings monthly rather than daily. This, however, is true for most low-turnover funds, and not important to many investors.

VNQ trades high volumes daily with penny-wide spreads. Distributions from he fund get taxed as ordinary income, as with peer REIT ETFs.

ETF.com gives VNQ an “Analyst Pick” in a crowded field for solid coverage at very low all-in costs.

• Avg. Volume: 4,206,246
• Net Assets: $63.32 billion
• PE Ratio (TTM): 7.48
• Yield: 4.43%
• YTD Return: 2.55%
• Expense Ratio (net): 0.12%

2. iShares U.S. Real Estate ETF (IYR)

Source: Google Finance Yahoo Finance MSN Money

Investors in IYR seek results similar to shares in the Dow Jones U.S. Real Estate Index. IYR invests mostly in REITs and tries to keep 90% of its assets in securities that are in the index. Companies represented by those securities can be large, mid or small cap.

The percentage of assets in any particular size company relies on its underlying index. Money managers can adjust the mix to more closely reflect the benchmark’s performance.

IYR, one of the first U.S. real estate ETFs, remains a stalwart of the space, according to ETF.com. The fund tracks a broad real estate index and captures a large portion of the real estate space.

IYR holds about 100 companies, covering all the big names. Its performance and overall portfolio characteristics align well with ETF.com’s neutral benchmark.

IYR’s big asset base facilitates abundant liquidity — it is among the most traded real estate ETFs. The fund is, however, expensive to hold compared to peers that track similar indexes. Distributions from the fund are taxed as ordinary income.

IYR’s coverage of U.S. real estate in an ETF is tough to beat, according to ETF.com.

• Avg. Volume: 6,903,919
• Net Assets: $4.78 billion
• PE Ratio (TTM): 6.81
• Yield: 4.06%
• YTD Return: 5.61%
• Expense Ratio (net): 0.44%

3. iShares Cohen & Steers REIT ETF (ICF)

Source: Google Finance Yahoo Finance MSN Money

iShares Cohen & Steers seeks results similar to the Cohen & Steers Realty Majors Index. The index comprises REITs, in which the fund invests at least 90% of its assets, or in depositary receipts that represent the REITs. The fund seeks companies that can be acquired or that can acquire other companies as part of the real estate sector’s consolidation.

ICF is designed to capture the top end of the real estate market, offering the returns of the 30 largest players in the space, according to ETF.com. The concentrated, large-cap-oriented portfolio provides the lion’s share of its assets in just 10 names.

The limited scope of the fund also produces notable sub-sector tilts compared to ETF.com’s broad real estate benchmark. ICF is a big, well-run ETF with an extensive history and limited structural risks or tax surprises.

The fund’s expense ratio is on the high side, but its tight tracking and deep liquidity deliver reasonable costs. ICF overall makes good on its promise of access to the “realty majors,” even if it does not capture the complete flavor of the U.S real estate market.

• Avg. Volume: 214,214
• Net Assets: $3.25 billion
• PE Ratio (TTM): 12.87
• Yield: 3.85%
• YTD Return: 3.07%
• Expense Ratio (net): 0.35%

4. Schwab U.S. REIT ETF (SCHH)

Source: Google Finance Yahoo Finance MSN Money

SCHH mainly invests in REITs from the Dow Jones U.S. Select REIT Index, but can also invest in assets not included in the index. The REITs that are part of the index assigns weights similar to the index’s weightings.

The ETF tracks a market-cap-weighted index of EITs, excluding mortgage REITs and companies involved in real estate finance.

The Schwab US REIT ETF is among the strongest entries in the real estate ETF lineup and is a direct challenger to RWR, the real estate ETF behemoth, according to ETF.com. SCHH tracks the same index as RWR, but does so at a fraction of the holding cost.

With outstanding liquidity, the fund provides a low cost for a broad and diversified array of U.S. REITs. SCHH’s solid “Fit” score from ETF.com reflects its holdings, which mirror that of the U.S. real estate market, but with a bias to the core real estate sub-sectors of residential and commercial properties. For diverse real estate exposure at a low cost, SCHH provides one of the best options, particularly for long-term investors, according to ETF.com.

• Avg. Volume: 517,073
• Net Assets: $3.29 billion
• PE Ratio (TTM): N/A
• Yield: 2.64%
• YTD Return: -1.19%
• Expense Ratio (net): 0.07%

5. SPDR Dow Jones REIT ETF (RWR)

Source: Google Finance Yahoo Finance MSN Money

SPDR Dow Jones REIT ETF, on the largest real estate ETFs, uses the Dow Jones U.S. Select REIT Index as its benchmark. RWR money managers invest in securities whose valuations are closely tied to each company’s actual real estate holdings, and avoid those that are valued based on considerations other than their real estate.

The SPDR Dow Jones REIT ETF tracks a market cap weighted index of companies involved in the operation and ownership of residential, commercial, healthcare and other real estate.

RWR is one of the oldest real estate ETFs, according to ETF.com. Since 2001, it has offered investors a liquid and well managed vehicle to invest in a diverse, market-cap-weighted group of U.S. REITs.

The fund tilts away from “specialized REITs,” including everything from railway REITs and hospital REITs, and instead overweights the “quintessential” real estate sub-sectors, such as residential and commercial REITs. Hence, it could appeal to investors seeking a “pure play.”

RWR’s strategy has been a hit, drawing billions in assets, and in turn providing deep liquidity. Its only liability is the expense ratio, which is several times higher than that of its main competitor, SCHH, which tracks the same Dow Jones index.

While RWR offers solid coverage in a liquid and large package, cheaper options do exist for long-term holders.

• Avg. Volume: 184,200
• Net Assets: $3.03 billion
• PE Ratio (TTM): N/A
• Yield: 3.98%
• YTD Return: 1.12%
• Expense Ratio (net): 0.25%

The bottom line on REIT ETFs is that investors do not need to raise large down payments to get into real estate, thanks to ETFs. The ones listed above offer an opportunity to participate in the real estate market with no debt, rent collections, down payments, or property marketing.

The REITs hold numerous properties, and the funds hold numerous REITs, so investors can be protected from losses on account of any one property failure.

Featured image from Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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3.9 stars on average, based on 8 rated postsLester Coleman is a veteran business journalist based in the United States. He has covered the payments industry for several years and is available for writing assignments.




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Biotech Dominates July Penny Stock Picks

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July brings new opportunities to trade penny stocks, according to the Investopedia top 10 penny stocks to watch. Biotechnology stocks in particular are poised for a breakout. Biotechnology funds broke out of the long-term basing pattern in June, forcing rotational buying pressure, which bodes well for the low-priced sub-sector, with many penny stocks ready to hit multi-year highs.

At the same time, the tech sector is getting sold with equal force in a profit-taking exercise that could deliver a period of under-performance for the sector’s lower-priced issues.

June’s biotechnology picks drew strong buying interest, led by ImmunoGen, Inc.’s 48% advance to a 52-week high. Small China stocks also posted strength, as China Commercial Credit, Inc. gained close to 35%. China Commercial Credit and June’s three biotech picks return to the July top penny stock list, joined by six new penny stocks.

1. ImmunoGen Inc. (IMGN)

Source: Investopedia

ImmunoGen, a provider of antibody-drug conjugates (ADCs) for the treatment of cancer, jumped from number four in June to the top spot in July.

The stock posted a 12-year high at $20.25 in 2013 and sold off to $5.34 in December 2014. A recovery in 2015 stalled less than a point below the prior peak, creating a decline that continued into an 18-year low at $1.51 in November 2016.

Buyers took over in 2017, generating an uptick that reversed at the 2014 resistance approximately three weeks ago. In June, the stock broke out and made the top 10 list for the first time. It could end up in the $8.00 to $10.00 price zone.

ImmunoGen creates targeted cancer therapeutics using its proprietary ADC technology. The company’s candidate, mirvetuximab soravtansine, is in a Phase 3 trial for an ovarian cancer, and is in Phase 1b/2 testing in combination regimens for earlier-stage disease.

The technology is used in Roche’s Kadcyla, in three other clinical-stage ImmunoGen product candidates, and in programs in development by Amgen, Bayer, Biotest, CytomX, Lilly, Novartis, Sanofi and Takeda.

2. China Commercial Credit, Inc. (CCCR)

Source: Investopedia

China Commercial Credit Inc. (CCCR), which provides business loans and loan guarantee services to small-to-medium enterprises (SMEs), farmers and individuals in China’s Jiangsu Province, jumped from number five in June to second place in July.

The company went public on the U.S. exchanges at $6.50 in August 2013.

The stock experienced a downtrend that bottomed out at 25 cents in February 2016 and began an upward trend that stalled at $3.20 in September. The stock hit a higher low in March 2017 before recovering, testing the 2016 high. A breakout should bring broad buying interest that could support a continued upside that could double the price by year’s end.

The company was founded in 2008 and provides business loans and loan guarantee services to small-to-medium enterprises, farmers and individuals in China’s Jiangsu Province.

3. CymaBay Therapeutics, Inc. (CBAY)

Source: Investopedia

CymaBay Therapeutics Inc. (CBAY), a clinical-stage biopharmaceutical company developing therapies to treat specialty and orphan diseases, returns from the June list, where it ranked number 9. The stock rallied to an all-time high at $13.78 in February 2015, then suffered a steep downtrend that continued into the first quarter of 2016. The stock then dropped to an all-time low at 82 cents before bouncing to $3.04 in April, a yearly high, ahead of a pullback that continued into the November low at $1.15.

The stock broke above the 2016 high in February 2017, reaching a two-year high at $4.81.

Net loss for the 2017 first quarter was $5.4 million, or ($0.20) per diluted share, compared to $6.8 million, or ($0.29) per diluted share in the first quarter of 2016. Net loss in the 2017 first quarter was $1.4 million lower compared to the prior year period, primarily due to the recognition of collaboration revenue in 2017.

The rally has now reached a two-year high, attracting buying interest that could move into double digits.

4. Peiris Pharmaceuticals, Inc. (PIRS)

Source: Investopedia

Pieris Pharmaceuticals Inc., a, clinical-stage biotechnology company committed to providing solutions for oncology, respiratory disease and other therapeutic areas, moved from June’s 7th spot to July’s 4th spot. The stock launched on the OTC market in 2014, trading between $2.00 and $4.25 before falling to $1.26 in January 2016. It ground sideways through November, then tested the first-quarter low ahead of a January 2017 breakaway gap that has drawn steady buying interest. The rally gathered momentum in early May after announcing a partnership with AstraZeneca PLC and is currently testing the 2015 high, the all-time high.

The company’s product includes immuno-oncology multi-specifics tailored for the tumor microenvironment, an inhaled Anticalin protein to treat uncontrolled asthma as well as a half-life-optimized Anticalin protein to treat anemia. Anticalin proteins, proprietary to Pieris, are a class of therapeutics validated in the clinic and partnerships with pharmaceutical companies. Anticalin is a registered trademark of Pieris.

5. 22nd Century Group, Inc. (XXII)

Source: Investopedia

22nd Century Group, Inc. (XXII), a plant biotechnology company that is a provider of tobacco harm reduction and development of proprietary hemp/cannabis strains, broke out above multi-year resistance near $1.50 in 2013, rallying to a record high a few months later at $6.36. The stock then began a persistent decline through August 2015 before finding support at 56 cents, followed by a bounce to $1.75.

The stock has traded within those boundaries for 22-months, bouncing at support three times and reversing at resistance in equal measure. The price returned to that level a fourth time, improving odds for a breakout that could double the price in the year’s second half.

22nd Century Group is a plant biotechnology company focused on genetic engineering and plant breeding that allows the increase or decrease of the level of nicotine in tobacco plants and the level of cannabinoids in cannabis plants. The company’s main goal in tobacco is to reduce the harm caused by smoking. The main goal in cannabis is to develop proprietary hemp/cannabis strains for new medicines and agricultural crops.

The stock last month joined the Russell Microcap Index, when FTSE Russell reconstituted its U.S. and global equity indexes. Membership in the Russell Microcap Index means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

6. Corindus Vascular Robotics, Inc. (CVRS)

Source: Investopedia

Corindus Vascular Robotics, Inc. (CVRS), a developer of precision vascular robotics, returned to the national market in 2015 following a trading halt, topping out around $4.50 and starting a decline that continued to reach new lows in January 2017 when it bottomed at around 40 cents. Since that time, the price activity has been constructive, with high volume rally bursts moving the stock into 2016 resistance at $1.75. The bullish behavior has created a cup and handle basing pattern that points to an uptrend into the 2015 high following a breakout.

Revenue for the first quarter of 2017 was $0.8 million compared to $1.1 million for the same period in the prior year. The decrease is due mainly to the deferral of system revenue associated with a future obligation to upgrade multiple customer units from the company’s CorPath 200 System to the CorPath GRX System.

The company installed three new CorPath Systems in the first quarter of 2017, increasing its total installed base to 48 CorPath Systems.

Gross loss was $1.1 million for the 2017 first quarter, compared to a gross profit of $0.03 million for the 2016 first quarter. The cost of revenues for the first 2017 quarter continued to include the effect of under-utilization of production facilities and the cost of CorPath GRX System upgrades that installed pursuant to pre-existing contractual arrangements.

The company continues to expect the full year 2017 revenue to be in the range of $13.

7. RADA Electronic Industries, Ltd. (RADA)

Source: Investopedia

RADA Electronic Industries, Ltd. (RADA), a defense electronics system of advanced electronic systems for airborne and land applications, fell into a multi-decade decline after it joined the Nasdaq in the 1990s. The stock ground out a series of lower highs and lows through January 2016’s all-time 54-cent low.

The stock spent 16 months moving sideways in a narrow basing pattern before turning higher in May 2017 and rallying back to 2016 resistance at $1.78. The bullish activity completed a cup and handle breakout pattern that could point to a fast rally into the August 2015 gap between $3.70 and $2.50.

Revenues totaled $4.7 million in the 2017 first quarter, up 91% compared to revenues of $2.5 million in the first quarter of 2016.

Gross profit totaled $1.7 million in the first 2017 quarter of 2017, a gross margin of 35.7%, compared to gross profit of $6,000 (gross margin of 0.2%) in the 2016 first quarter.

Operating income was $0.4 million in the first 2017 quarter compared to an operating loss of $1 million in the 2016 first quarter.

Net income attributable to RADA’s shareholders in the 2017 first quarter was $0.4 million, $0.02 per share, versus a net loss of $1.8 million, or $0.23 per share, in the 2016 first quarter.

8. ChromaDex, Corp. (CDXC)

Source: Investopedia

ChromaDex, Corp. (CDXC), a provider of proprietary health, wellness and nutritional ingredients, that creates science-based solutions to dietary supplement, food and beverage, skin care, sports nutrition and pharmaceutical products, went public in April 2016 at $4.70. The stock rallied to an all-time high at $6.18 in May, then fell one month later to $2.46 in a single session, eventually posting a lower December low. It tested that support level in April 2017, then turned sharply higher, now testing 2017 resistance at $3.80. A breakout could point to a significant upside, taking the stock back to last year’s high.

For the first quarter of 2017, ChromaDex reported net sales of $4.4 million, a decrease of 39% compared to the same period of 2016, due mainly to decreased sales in its ingredients business segment, as a result of dropping its largest customer for fiscal year 2016. The ingredients segment created net sales of $2.1 million for Q1 2017, a decline of 55%, compared to the same 2016 period.

The net loss attributable to common stock holders for Q1 2017 was $1.9 million or ($0.05) per share versus a net income of $0.3 million or $0.01 per share for Q1 2016.

In May, the company announced the closing of the $16.4 million second tranche of the strategic investment of up to $25 million led by Hong Kong business leader Li Ka-shing.

Li Ka-shing has invested in many innovative companies in the last decade, including Facebook, Spotify, DeepMind, Siri, Impossible Foods and Modern Meadow. The new investment will support future ChromaDex developments in the global marketplace.

The $16.4 million second tranche follows an initial $3.5 million tranche that closed on April 27, 2017.

9. Safe Bulkers, Inc. (SB)

Source: Investopedia

Safe Bulkers, Inc. (SB), a player in the hot and cold dry bulk shipping sector, topped out at $11.48 in March 2014, then entered a downtrend reaching an all-time low at 30 cents in January 2016. A recovery wave in November stalled at $2.38, followed by sideways action that has completed a small-scale cup and handle breakout pattern. A buying spike over $2.60 can be expected to set the upside into action, supporting a rally that could surpass $5.00.

The company declared a cash dividend of $0.50 per share on its 8.00% Series B, Series C and Series D Cumulative Redeemable Perpetual Preferred Shares for the period from April 30, 2017 to July 29, 2017.

This is the 16th consecutive cash dividend declared on the company’s Series B Preferred Shares, the 13th cash dividend declared on its Series C Preferred Shares and the 12th cash dividend declared on its Series D Preferred Shares since their respective commencement of trading on the New York Stock Exchange.

10. Ballard Power Systems, Inc. (BLDP)

Source: Investopedia

Ballard Power Systems, Inc. (BLDP) is a provider of clean energy products that reduce customer costs and risks, and helps customers solve challenges in their fuel cell programs. The stock reached an all-time high at $144.95 in 2000 before falling into a downtrend lasting more than 12 years, sending the stock to an all-time low at 56 cents. A 2013 upward trend continued through 2014, hitting an 8-year high at $8.38, followed by a correction that’s now returned to 2015 resistance at $3.10. A breakout could catch fire, pushing the stock to a test of its 2014 high.

Total revenue was $22.7 million in the quarter, an increase of 39% from growth in both power products and technology solutions.

Gross margin was 42% in the quarter, an improvement of 22 points due to a shift in product mix toward higher margin technology solutions and heavy duty motive for the China market, including the establishment of a production line in Yunfu, China for the manufacture and assembly of FCvelocity-9SSL fuel cell stacks.

Cash operating costs were $10 million in the quarter, a 6% increase due to higher research and product development expenditures as well as a stronger Canadian dollar relative to the U.S. dollar, since a significant amount of cost is denominated in Canadian dollars.

Low-priced biotech stocks have risen following a long slumber, with steady buying interest likely to continue. This group should offer a variety of profitable penny stock plays during the quiet summer trading season, while low-priced stocks in other sectors move into narrow trading ranges.

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