Are These Stocks Strong Investment Options? Marrone Bio Innovations Inc(NASDAQ:MBII), XUMANII INTERNATIONAL XUMANII INTERNATION(OTCMKTS:XUII), and Curry Gold Corp.(OTCBB:VOIL)
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Marrone Bio Innovations Inc(NASDAQ:MBII) suffered a substantial decrease in value during Friday’s trading, losing $4.03 to finish the day at a closing price of $5.51. The 42.24% loss came in response to the company’s second quarter results report posted at the end of trading on Thursday. The company recorded a revenue of $3.6 million, down $0.9 million from its 2013 second quarter. Marrone Bio Innovations was also downgraded by Robert W. Baird from Outperform to Neutral. On top of all of that, the bio-based pest management products provider also announced that its Chief Operating Officer, Hector Absi, will be resigning.
XUMANII INTERNATION(OTCMKTS:XUII) fell 31.25% on Friday, losing $0.0005 to close at $0.0011. The stock’s trading volume experienced a considerable spike during the day, reaching a value of 1,083,704,931. The Las Vegas-based RFID scanner developer has had an average trading volume of 138,023,000 over the past three months. On Monday, Xumanii announced that CEO Adam Radly would be participating at the Las Vegas-based IT Expo on August 12th, 2014.
Curry Gold Corp.(OTCBB:VOIL) enjoyed a three cent gain during Friday’s trading, a 2.36% increase in value that moved the stock to a closing price of $1.30. Although the stock remains $0.41 below its three month closing price high of $1.71 recorded on July 31st, Curry Gold’s new closing price also places the stock $0.75 above its three month low of $0.55. The company, also known as Virtus Oil and Gas Corp., notably had a trading volume of 508,589 during the day, a figure that is considerably higher than its three month average of 939.
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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