Should You Avoid These Stocks? OncoSec Medical Inc(OTCMKTS:ONCS), Golden Star Resources Ltd. (USA)(NYSEMKT:GSS), and Rocket Fuel Inc(NASDAQ:FUEL)
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OncoSec Medical Inc(OTCMKTS:ONCS) enjoyed a substantial increase in value during yesterday’s trading, gaining $0.0440 to close at $0.4050. The 12.19% increase moves the stock closer to its 52 week high of $0.97. The California-based drug-medical device developer, which had a trading volume of 3,456,931, announced before the markets opened yesterday that it had appointed to Dr. Holbrook Kohrt to its Scientific Advisory Board. Kohrt is an Assistant Professor at the Stanford Cancer Institute.
Golden Star Resources Ltd. (USA)(NYSEMKT:GSS) lost $0.0038 during yesterday’s trading, finishing at a closing price value of $0.5495. The 0.69% decrease places the stock just slightly over fifteen cents above its 52 week low of $0.39. The Toronto-based gold mining and exploration company revealed its financial results after the markets closed on July 30th. On that date, the stock closed for a value of $0.55, indicating that the company’s financial figures have had little to no bearing on investor opinion.
Rocket Fuel Inc(NASDAQ:FUEL) suffered a considerable decrease in value during yesterday’s trading, falling $7.70 to finish at a closing price of $17.05. The 31.11% loss moved the stock to a new 52 week low. The California-based artificial-intelligence digital advertising solutions provider had a trading volume of 5,954,444, almost eight times its three month average trading volume of 793,108. The recent activity came in response to Rocket Fuel’s second quarter financial results announcement that was made after the markets closed on Aug. 5th.
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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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