Falling Stocks To Avoid: Yamana Gold Inc. (USA)(NYSE:AUY), Alkaline Water Company Inc(OTCMKTS:WTER) and LabStyle Innovations Corp(OTCMKTS:DRIO)
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Yamana Gold Inc. (USA)(NYSE:AUY) fell twenty-six cents during yesterday’s trading, a 3.01% decrease in value that moved the stock to a closing price of $8.38. The stock traded within a range of $8.29 to $8.55 during the day. The Canada-based gold mining company updated its mineral resources and mineral resources for its 50% Canadian Malartic mine on Aug. 13th. Within the report, Yamana Gold Inc. reported figures of 57.6 million tonnes of proven mineral resources and 205.6 million tonnes of probably mineral reserves.
Alkaline Water Company Inc(OTCMKTS:WTER) lost $0.05 to finish the day at a closing price of $0.12. The stock notably traded for as little as $0.09 during the day, a new 52 week low for the Arizona-based company. On Aug. 15th, Alkaline Water Company Inc(OTCMKTS:WTER) announced that Alkaline88, available in 3 liter and 1 gallon sizes, would be made available at the Southern California Slater Bros. supermarket chain. The company is also expanding into Northern California.
LabStyle Innovations Corp(OTCMKTS:DRIO) suffered an 18.99% loss in value during yesterday’s trading as the stock fell $0.0218 to finish the day at a closing price of $0.0930. The mark represents a new three month closing price low for the Israel-based company that once closed for as much as $1.75 on May 29th, 2014. Unlike many Israeli stocks that saw their values increase during the recent Gaza conflict, LabStyle Innovations Corp(OTCMKTS:DRIO) actually steadily declined during that time frame.
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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