Is It Time To Invest In These Rising Stocks? Newcastle Investment Corp.(NYSE:NCT), Vega Biofuels Inc(OTCMKTS:VGPR), and MeetMe Inc(NASDAQ:MEET)
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Newcastle Investment Corp.(NYSE:NCT) enjoyed a two cent gain during yesterday’s trading, a 0.45% increase in value that moved the stock to a closing price of $4.51. The stock traded within a range of $4.46 to $4.55 during the day. The New York-based company, which operates as a real estate investment trust in the United States, will be reporting its second quarter 2014 financial results before the markets open on August 7th, 2014.
Vega Biofuels Inc(OTCMKTS:VGPR) saw its value increase by 32% during yesterday’s trading, gaining $0.0008 to close at $0.0033. The stock remains astronomically below its all-time high of $40.00 recorded on Apr. 27th, 2007. The Georgia-based development stage company, which employs just two individuals on a full-time basis, held a shareholder conference call on August 3rd, 2014. Regarding the company’s recent business, Vega Biofuels announced on June 24th that it had entered into an agreement with ECEM Salzburg Energy and Environment Consulting GmbH, which will generate $57 million revenue for the company.
MeetMe Inc(NASDAQ:MEET) gained six cents during yesterday’s trading, a 2.71% increase that moved the stock to a closing price value of $2.27. That being said, the stock still remains $2.12 below its 52 week high of $4.39. The Pennsylvania-based social media technology company announced Monday that it had incorporated the new “Hit Me Up” feature into its MeetMe App. It is MeetMe’s hope that the new feature will help users to discover new mobile chat members.
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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