Should You Avoid Memorial Production Partners LP (MEMP), Geron Corporation (GERN), and PACIFIC RUBIALES EGY (PEGFF)?
New York, NY – GDP INSIDER – 12/16/2014.
This day trading article provides an investment analysis of Memorial Production Partners LP(NASDAQ:MEMP), Geron Corporation(NASDAQ:GERN), and PACIFIC RUBIALES EGY(OTCMKTS:PEGFF)
Memorial Production Partners LP(NASDAQ:MEMP) presented at the Wells Fargo Energy Symposium in New York City on Dec. 9th, 2014. The materials that President William J. Scarff and Vice President Robert Stillwell used are now available on the company’s website. The company traded for a new 52 week low of $11.89 yesterday before finishing the day at a closing price of $12.19 after a 7.16% loss of $0.94. Memorial Production Partners LP has a dividend of $2.20, a yield of 14.9%, and a beta of 0.36.
Geron Corporation(NASDAQ:GERN) announced on Dec. 4th that it had published preclinical data on its telemerase inhibitor drug, imetelstat, on leukemic stem cells from acute myelogenous leukemia. The company has an earnings per share (TTM) of $–0.25, which could scare off potential investors. However, day traders should be aware of Geron Corporation’s beta of 2.91, which indicates that the stock is 191% more volatile than the market. Additionally, the company also has a one-year target estimate of $4.63, which is $1.65 above its previous closing price.
PACIFIC RUBIALES EGY(OTCMKTS:PEGFF) provided its 2015 guidance and outlook on Dec. 4th, 2014. The figures included a production increase of approximately 5 to 8%. Additionally, Pacific Rubiales has also projected an EBITDA of $1.9 to $2.1 billion. The stock traded for a new 52 week low of $4.38 yesterday, which is $17.62 below its high of $22.00 for the same period. Pacific Rubiales Energy Corp. had a trading volume of 0.19 million yesterday, which is 0.10 above its three month average volume of 0.09 million. Simply put, investor interest in the company is on the rise.
HotStockGains.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word BREAKOUT to 555888 from your cell phone.
Additionally, HotStockGains free newsletter provides market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks.
Disclosure: HotStockGains 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. Always seek help from a professional financial advisor (I am not one). Please visit http://hotstockgains.com/disclaimer/ for complete risks and disclosures.