Hot Stocks: Vapor Corp.(NASDAQ:VPCO), Dendreon Corporation(NASDAQ:DNDN), and Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR)
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Vapor Corp.(NASDAQ:VPCO) suffered a 12.69% loss in value as the stock fell $0.33 to move to a new closing price of $2.27. The stock traded within a range of $2.12 to $2.53 during the day after opening at $2.50. Vapor Corp.(NASDAQ:VPCO), which has a market capitalizaiton of $42.92 million and 16.51 million tradeable shares, announced Monday morning that it had terminated an asset purchase agreement previously agreed to with International Vapor Group, Inc.
Dendreon Corporation(NASDAQ:DNDN) may have lost three cents during yesterday’s trading to move to a figure of $1.37. However, the stock gained four cents during after-hours trading to surpass its Aug. 26th closing price and move to a value of $1.37. Nevertheless, Dendreon Corporation(NASDAQ:DNDN) remains just thirteen cents above its 52 week low of $1.24. The company’s value has fallen ever since it was announced that Dendreon would not be able to repay or refinance the notes due in 2016.
Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) enjoyed a 5.38% increase in value as the stock gained $0.98 to move to a new closing price of $19.21. The stock also traded for as much as $19.32 during the day, a new 52 week high for the Brazil-based integrated oil and gas company. Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) announced yesterday that it had found more gas and light oil at its ultra-deepwater well. The stock lost one cent during after-hours trading.
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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