Is It Time To Dump These Falling Stocks? VAPE HOLDINGS INC(OTCMKTS:VAPE), NII Holdings Inc(NASDAQ:NIHD), and Perion Network Ltd(NASDAQ:PERI)
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VAPE HOLDINGS INC(OTCMKTS:VAPE) suffered a considerable decrease in value during yesterday’s trading, falling $0.27 to close at $2.44. The 9.96% loss moves the stock even further away from its incredible 52 week high of $41.25. The California-based vaporization products developer announced Monday that it had enhanced the distribution plan of its branded HIVE Ceramics product line. The stock had a trading volume of 395,441, over 60,000 higher than its average volume of 333,348.
NII Holdings Inc(NASDAQ:NIHD) saw its value decrease by 1.37% during yesterday’s trading, losing $0.0086 to finish at a closing price of $0.6187. The Virginia-based wireless communication services company, which has not made a major announcement in almost a month, remains a little over eighteen cents above its 52 week low of $0.43. NII Holdings also had a trading volume of 1,844,426, a mark that is significantly lower than its three month average volume of 5,002,410.
Perion Network Ltd(NASDAQ:PERI) lost $0.74 during yesterday’s trading, suffering a 9.04% decrease in value that moved the stock to a closing price of $7.45. The stock notably traded for as little as $7.30, a new 52 week low for the Israel-based company. Perion’s new low becomes all the more significant when considering that it has a 52 week high of $14.33. Yesterday’s loss was brought upon by the company’s second quarter financial results report made before the market’s opened.
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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