Rising Stocks: Emerson Radio Corp(NYSEMKT:MSN), Heat Biologics Inc(NASDAQ:HTBX), and American Apparel Inc(NYSEMKT:APP)
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Emerson Radio Corp(NYSEMKT:MSN) gained thirty-two cents to finish the day at a closing price of $1.92. Despite the 20.18% increase in value, the stock remains just $0.36 above its 52 week low of $1.56. Emerson Radio Corp(NYSEMKT:MSN) saw its value rise Friday as a result of its declaration of a cash dividend of $0.70 per common share that will be distributed to shareholders on Sep. 30th, 2014. The dividend will be available to shareholders who own stock of the company before Sep. 12, 2014.
Heat Biologics Inc(NASDAQ:HTBX) enjoyed a 26.04% increase in value as the stock gained $1.38 to move to a new closing price of $6.68. The stock’s trading volume also spiked to a figure of 1,295,548, which is 1,241,532 above its three month average of 54,016. Heat Biologics Inc(NASDAQ:HTBX) filed its second quarter financial results report on Aug. 14th. The reported figures included a net loss of $0.44 per share, which is $0.48 less than the number recorded during the same period in the previous fiscal year.
American Apparel Inc(NYSEMKT:APP) gained three cents as the stock moved to a new closing price of $1.05. The 2.94% increase in value came on a day when the branded apparel company’s trading volume fell to a figure of 2,219,610. American Apparel Inc(NYSEMKT:APP) reported a $16.2 million loss in its second quarter financial results report. As that number is $21.3 million less than the loss incurred during the same period in the previous fiscal year, founder and fomer CEO Dov Charney sees American Apparel’s success as an indicator of his competency.
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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