Rising Stocks: Vicon Industries, Inc.(NYSEMKT:VII), Idera Pharmaceuticals Inc(NASDAQ:IDRA), and Cannabis Science Inc(OTCMKTS:CBIS)
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Vicon Industries, Inc.(NYSEMKT:VII) enjoyed a 48.2% increase in value as the stock gained $1.47 to move to a closing price of $4.52. The stock had a trading volume of 4,916,703. To contrast, its three month average trading volume is only 13,342. Vicon Industries, Inc.(NYSEMKT:VII), which has a market capitalization of $14.17 million, reached a new 52 week high of $5.30 during the day. The company’s boost cannot be attributed to any sort of announcement.
Idera Pharmaceuticals Inc(NASDAQ:IDRA) saw its value increase by 9.43% as the stock gained twenty-five cents to finish the day at a new closing price of $2.90. The stock has traded within a range of $1.51 to $6.87 over the past 52 weeks. Idera Pharmaceuticals Inc(NASDAQ:IDRA) has not made a major announcement since revealing its second quarter financial results earlier this month. Its trading volume remains close to its three month average, with figures of 1,693,207 and 1,460,500, respectively.
Cannabis Science Inc(OTCMKTS:CBIS) gained $0.0019 to move to a new closing price of $0.0760, a 2.56% increase in value from the previous closing price. Its value remains far closer to its 52 week low of $0.03 than it does to its high of $0.30 for the same period. Tuesday afternoon, Cannabis Science Inc(OTCMKTS:CBIS) updated its guidance for its pre-clinical drug development programs. The company reported that its operations in Spain are set to compliment its plans in Canada and its collaboration with INRCA in Italy.
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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