Should You Invest In These Stocks? Minerco Resources Inc(OTCMKTS:MINE), Amarin Corporation plc (ADR)(NASDAQ:AMRN), and Arch Coal Inc(NYSE:ACI)
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Minerco Resources Inc(OTCMKTS:MINE) enjoyed a substantial increase in value during yesterday’s trading, rising $0.0015 to close at $0.0120. The 14.29% gain also came on a day when the Houston-based development stage company reached a new 52 week high of $0.02. Minerco Resources, which had a trading volume of 86,256,719, announced that it had begun production on VitaminFIZZ(R) on August 4th, 2014. The company expects for the product to be on shelves in Southern California by the end of August.
Amarin Corporation plc (ADR)(NASDAQ:AMRN) suffered a six cent loss during yesterday’s trading, a 3.49% decrease in value that moved the stock to a closing price of $1.66. The stock has traded within a range of $1.28 to $7.40 over the past 52 weeks. The stock had a trading volume of 1,160,547, which is significantly lower than its average three month trading volume of 1,851,230. Amarin will be announcing its second quarter 2014 results on August 7th, 2014.
Arch Coal Inc(NYSE:ACI) saw its value increase by 0.98% during yesterday’s trading, gaining three cents to close at $3.10. The company also doubled yesterday’s gains in after-hours trading by adding an additional three cents to its value, moving to $3.13. The stock has traded within a range of $2.82 to $5.37 over the past three months. On July 30th, the St. Louis based thermal and metallurgical coal producer reported a 46 cents per share loss for the second quarter.
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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