Of These Three, Which Is The Right Choice? Laredo Petroleum Inc (LPI), Roche Holding Ltd (ADR) (RHHBY) and Cannabiz Mobile Inc (LGBI)
New York, NY – GDP INSIDER – 04/01/2015.
This article discusses three companies: Laredo Petroleum Inc (NYSE:LPI), Roche Holding Ltd (ADR) (OTCMKTS:RHHBY) and Cannabiz Mobile Inc (OTCMKTS:LGBI)
Laredo Petroleum Inc (NYSE:LPI) declined 1.29% or $0.17 yesterday to close at $13.04 on fairly light trading of 3.251 million shares, compared to its three month average trading volume of 5.826 million shares. The independent developer and distributor of Permian region oil and natural gas has been steadily tracking downwards for the last month, but is still up 25.98% so far this year. Given that most companies in the oil and natural gas sector have lost value this year, Laredo Petroleum has been surprisingly resilient in the face of declining oil prices, making it a hold for now.
Roche Holding Ltd (ADR) (OTCMKTS:RHHBY) climbed upwards slightly yesterday with the stock gaining 0.50% or $0.17 to close at $34.38 with more than 1.180 million shares changing hands, compared to its three month average trading volume of 1.985 million. The developer of differentiated medicines has been trading within quite a wide range of between $32.08 and $35.48 for the last month and is converging on a bearish MACD crossover. With quarterly earnings growth of -27.30%, the stock is not looking strong, but could surprise making it a sell or potentially risky hold at the moment.
Cannabiz Mobile Inc (OTCMKTS:LGBI) continued to gain yesterday with the stock increasing another 15.63% or $0.0005 to close at $0.0037 on very heavy trading of 364.307 million shares, compared to its three month average trading volume of 17.639 million. The mobile and media marketer for medical marijuana saw the gains, like many other companies in the industry, after reports of growing investment in the sector ahead of expected changes in legislation on marijuana. With a current ratio of 0.16 and declining revenue growth, it is still a very risky investment, making it a sell at this time.
UltimateStockAlerts.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word ULTIMATE to 555888 from your cell phone.
UltimateStockAlerts continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: UltimateStockAlerts is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit www.UltimateStockAlerts.com website, for complete risks and disclosures.