Stocks to Watch: Auxilium Pharmaceuticals, Inc.(NASDAQ:AUXL), American Apparel Inc(NYSEMKT:APP), and Cannabis Science Inc(OTCMKTS:CBIS)
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Auxilium Pharmaceuticals, Inc.(NASDAQ:AUXL) enjoyed a 44.89% increase in value yesterday as the stock gained $9.66 to move to a closing price of $31.18. The stock has traded within a range of $16.36 to $32.89 over the past 52 weeks. Those figures indicate that Auxilium Pharmacueticals, Inc.(NASDAQ:AUXL) is a stock on the rose. The specialty drugmaker is currently considering a $2.2 billion takeover offer from Endo International. The stock lost two cents during after-hours trading.
American Apparel Inc(NYSEMKT:APP) saw its value decline by 1.64% yesterday as the stock fell $0.015 to move to a closing price of $0.87. The California-based clothing retailer, which uses its American manufacturing plants as a marketing tool, has traded within a range of $0.46 to $1.52 over the past 52 weeks. It has been a rather hectic year for American Apparel Inc(NYSEMKT:APP) as the company recently settled a lawsuit regarding the death of a former employee. Additionally, the Dov Charney is ongoing with investor Lion Capital naming the founder’s childhood friend, Robert Mintz, to the company’s board of directors.
Cannabis Science Inc(OTCMKTS:CBIS) lost 5% of its value today as the stock closed at a price of $0.0665. While the stock remains $0.0365 above its 52 week low of $0.03, the company is now situated $0.02335 below its high of $0.30 for the same period. On Tuesday, the company announced that it would be providing cannabis extracts and cannabinoid-based products through a partnership with Unistraw Holdings. Cannabis Science Inc(OTCMKTS:CBIS) has a market capitalization of $56.29 million and 846.42 million tradeable shares.
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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