Are Solar Power Inc(OTCMKTS:SOPW), DryShips Inc.(NASDAQ:DRYS), and RadioShack Corporation(NYSE:RSH) Solid Day Trading Options?
New York, NY – GDP INSIDER – 10/29/2014.
This article discusses three stocks: Solar Power Inc(OTCMKTS:SOPW), DryShips Inc.(NASDAQ:DRYS), and RadioShack Corporation(NYSE:RSH)
Solar Power Inc(OTCMKTS:SOPW) is a California-based semiconductor equipment and materials company that develops and constructs solar energy facilities for business, government, and utility customers. The company announced that it had reached several agreements with GD Solar Co. to acquire existing photovoltaic solar projects and develop new projects with the company. Solar Power Inc. has a market capitalization of over $800 million and 334.15 million tradable shares. The stock finished yesterday’s trading at a closing price of $2.50.
DryShips Inc.(NASDAQ:DRYS) is a Greece-based shipping company that provides ocean transportation services for drybulk and petroleum cargoes. The company operates 38 drybulk carriers, including 12 Capesize and 2 Supramax vessels. DryShips announced the pricing of a common stock offering of 250,000,000 shares on Oct. 24th, 2014. The company, which is expected to publish its next earnings report between Nov. 3rd and Nov. 7th, has a market capitalization of over $700 million.
RadioShack Corporation(NYSE:RSH) is a struggling Texas-based consumer electronics company that has been struggling to adapt to the 21st century marketplace. Not only has the company struggled against larger stores like Walmart, but it is also facing increased competition from online marketplaces like Amazon. RadioShack, however, announced recently that it would be accepting payments through Apple Pay at 900 locations in five major markets. The move demonstrates RadioShack’s willingness to adapt to new technologies.
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