Should You Invest In These Rising Stocks? Greenhunter Resources Inc(NYSEMKT:GRH), Cerus Corporation(NASDAQ:CERS), and WPCS International Incorporated(NASDAQ:WPCS)
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Greenhunter Resources Inc(NYSEMKT:GRH) rose $0.18 to finish Friday’s trading at a closing price of $2.40, an 8.11% increase in value from the previous closing price. Although the stock’s value is less than 66% of its 52 week high of $3.62, the new mark does place the stock $1.60 above its 52 week low of $0.80. On July 23rd, Greenhunter Resources announced that it will hold its second quarter 2014 financial results conference call on August 4th, 2014.
Cerus Corporation(NASDAQ:CERS) gained $0.2850 to close at $3.8050. The 8.1% increase came in response to the California-based company’s second quarter financial results reported after the markets closed the previous day. In the report, Cerus Corporation, a biomedical products company that develops and commercializes the INTERCEPT Blood System, announced second quarter revenues of $8.6 million, a 15% decrease from the second quarter of 2013. The stock’s value did not move in after-hours trading on August 1st.
WPCS International Incorporated(NASDAQ:WPCS) saw its value increase by 6.59% during Friday’s trading, gaining six cents to close at $1.02. The Pennsylvania-based company, which provides low voltage communication infrastructure services, remains $4.25 below its 52 week high of $5.27. On Friday, the company announced it had completed the sale of The Pride Group, which removes the company’s $1.1 million severance obligation to Turqino Equity LLC and its managing member, former WPCS CEO Andrew Hidalgo.
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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