Stocks To Watch: China Recyling Energy Corp.(NASDAQ:CREG), RLJ Entertainment Inc(NASDAQ:RLJE), and American Green Inc(OTCMKTS:ERBB)
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China Recycling Energy Corp.(NASDAQ:CREG) gained twenty-four cents to move to a closing price of $1.40. The 20.17% increase in value places the stock thirty-eight cents above its 52 week low of $1.02. Despite the increase in value, however, China Recycling Energy Corp.(NASDAQ:CREG) remains $4.65 below its 52 week high of $6.05. The company recently presented at the Rodman & Renshaw 16th Annual Global Investment Conference. The stock’s trading volume spiked to a figure of 3.998 million yesterday.
RLJ Entertainment Inc(NASDAQ:RLJE) saw its value increase by 3.17% yesterday as the stock gained nine cents to move to a closing price of $2.93. The stock traded within a range of $2.80 to $3.27 during the day after opening at a price of $3.01. RLJ Entertainment Inc(NASDAQ:RLJE) announced Sept. 11th that it had entered into a new five year, $70 million credit facility deal with a syndicate of lenders led by McLarty Capital Partners. The Maryland-based company gained six cents during after-hours trading.
American Green Inc(OTCMKTS:ERBB) suffered a 1.69% decrease in value yesterdayy as the stock fell $0.0003 to move to a closing price of $0.0175. Unlike the stocks above, the company had a low trading volume relative to its three month average yesterday. American Green Inc(OTCMKTS:ERBB) has traded within a range of slightly above $0.00 to $0.22 over the past 52 weeks. The company, which has a market capitalization of $67.4 million and 3.85 billion tradeable shares, acquired OG Tea on Sept. 12th.
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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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