Should You Invest In These Rising Stocks? Tekmira Pharmaceuticals Corporation(NASDAQ:TKMR), NII Holdings Inc(NASDAQ:NIHD), and Vantage Drilling Company(NYSEMKT:VTG)
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Tekmira Pharmaceuticals Corporation(NASDAQ:TKMR) enjoyed a 7.58% increase in value during yesterday’s trading as the stock rose $1.37 to finish the day at a closing price of $19.45. The stock has a market capitalization of $399.68 million with 22.07 million shares. Tekmira’s stock rose today in response to the report that Leerink had initiated coverage of the stock with an “outperform” rating and $25 price target. The stock has gained an additional ten cents during after-hours trading.
NII Holdings Inc(NASDAQ:NIHD) gained $0.048 yesterday, a 35.08% boost in value that moved the stock to a closing price of $0.186. The company’s boost in value came in response to the new that NII Holdings had secured a deal to sell its Nextel Chile SA Unit to Fucata SA. The positive news is a good change in direction for the company that announced Friday that it had $118.8 million coupon payments on Aug. 15th.
Vantage Drilling Company(NYSEMKT:VTG) saw its value increase by 3.35% during yesterday’s trading as the stock gained six cents to finish the day at a closing price of $1.85. The Houston-based offshore contract drilling services company has a market capitalization of $548.1 million and 306.2 million shares. Vantage Drilling’s new closing price places the stock just seventeen cents below its 52 week high of $2.02. The stock’s trading volume, however, has decreased to 484,930 below its three month average of 1,605,940.
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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