Should You Dump These Falling Stocks? American Green Inc(OTCMKTS:ERBB), Appliance Recycling Centers of America(NASDAQ:ARCI), and Dynavax Technologies Corporation(NASDAQ:DVAX)
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American Green Inc(OTCMKTS:ERBB) fell $0.0016 to finish the day at a closing price of $0.0156, a 9.3% decrease in value from the previous closing price. The stock, which had a trading volume of 66,150,134, traded within a range of $0.0143 to $0.0169 during the day. Yesterday, the Arizona-based medical marijuana retail dispensary operator announced that it will be acquiring vending machine patents owned by Robert Tomassi that fit into American Green’s business plan.
Appliance Recycling Centers of America(NASDAQ:ARCI) suffered a substantial decrease in value during yesterday’s trading, losing $1.11 to finish at a closing price of $2.99. The 27.07% decrease in value places the stock just $0.44 above its 52 week low of $2.55. After the markets closed yesterday, the Minneapolis-based company announced its second quarter financial results. Needless to say, the market did not react well to the report. The stock had a trading volume of 290,585.
Dynavax Technologies Corporation(NASDAQ:DVAX) lost eight cents to finish yesterday’s trading at a closing price of $1.44. The stock has also lost an additional four cents in after-hours trading to move to a value of $1.40. Despite these losses, the stock remains ten cents above its three month closing price low of $1.30 recorded on May 8th, 2014. Dynavax revealed its second quarter financial results before the market opened yesterday while announcing the pharmacodynamic and safety results for its asthma drug candidate.
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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