Are These Small Gains Misleading? Curry Gold Corp.(OTCBB:VOIL), LRAD Corp(NASDAQ:LRAD), and RadioShack Corporation(NYSE:RSH)
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Curry Gold Corp.(OTCBB:VOIL) enjoyed a ten cent gain during yesterday’s trading, a 7.41% increase in value that moved the stock to a closing price of $1.45. A company which is also known as Virtus Oil and Gas Corp., Curry Gold Corp. is now situated just twenty-nine cents below its 52 week high of $1.74. To contrast, the stock is now $0.90 above its 52 week low of $0.55. The Texas-based independent oil and gas company has not published a press release since July 23rd.
LRAD Corp(NASDAQ:LRAD) saw its value increase by 8.3% during yesterday’s trading as the stock gained twenty-two cents to finish the day at a closing price of $2.87. The stock notably traded for a new 52 week high of $2.95 during the day and, with the company’s new closing price, is now $1.61 above its 52 week low of $1.26. LRAD reported its fiscal third quarter 2014 financial results on Aug. 7th, 2014, which included a 271% revenue growth from same period during the 2013 fiscal year.
RadioShack Corporation(NYSE:RSH) enjoyed a modest gain of 1.05% during yesterday’s trading. Nevertheless, while the company’s closing price of $0.576 is more than disappointing for the company that once closed in the $70 range before the turn of the century, yesterday’s gain is welcome news for a slumping company. Indeed, the former consumer electronics company appears to be approaching the end of its existence and several analysts have stated that the company’s turnaround is “highly in doubt.”
I have a confession to make – I am not always right. Sometimes, unfortunately, I will send alerts that experience losses.
I have alerted companies that rallied 100% or even 6,000% (not even joking) in under a week. Likewise, I have alerted companies that tanked 10, 20, sometimes even as much as 30 or 40%. However overall it is about the net result that delivers profits into your portfolio.
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