Potential Investment Options: Chimera Investment Corporation(NYSE:CIM), Vringo, Inc.(NASDAQ:VRNG), and Exelixis, Inc.(NASDAQ:EXEL)
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Chimera Investment Corporation(NYSE:CIM) gained two cents to move to a new closing price of $3.31, a 0.61% increase in value from the previous closing price. The mark notably places thje stock just three cents below its 52 week high of $3.34. Chimera Investment Corporation(NYSE:CIM), a company with a market capitalization of $3.4 billion, announced that it had set a date of Oct. 23rd, 2014 for its annual meeting of shareholders. The stock lost one cent during after-hours trading.
Vringo, Inc.(NASDAQ:VRNG) lost two cents during yesterday’s trading, a 1.94% decrease in value that left the stock at a closing price of $1.01. The stock remains $4.44 below its 52 week high of $5.45. Vringo, Inc.(NASDAQ:VRNG), which saw its value fall from the $3 range to the $1 range after the United States Court of Appeals did not rule in favor of its patents claims against AOL Inc. and Google Inc., announced that it will be filing at petition for an en banc review of the decision on Aug. 20th, 2014.
Exelixis, Inc.(NASDAQ:EXEL) enjoyed a ten cent gain during Friday’s trading, a 2.48% increase in value that moved the stock to a closing price of $4.14. The stock has closed within a range of $3.23 to $4.40 over the past three months. Exelixis, Inc.(NASDAQ:EXEL) has not published a press release since the company reported its second quarter financial results on Jul. 31st. Its trading volume has subsequently fallen from its three month average of 3,806,040 to Friday’s value of 1,393,214.
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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