Stocks With Misleading Gains: KiOR Inc(NASDAQ:KIOR), RadioShack Corporation(NYSE:RSH), and Dendreon Corporation(NASDAQ:DNDN)
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KiOR Inc(NASDAQ:KIOR) enjoyed a 22.56% increase in value yesterday as the stock gained $0.041 to move to a new closing price of $0.220. The stock has traded within a range of $0.09 to $3.10 over the past 52 weeks. Not only that, KiOR Inc(NASDAQ:KIOR) also traded for as much as $0.37 during the day after opening at a price of $0.20. In other words, yesterday’s increase could have been much more substantial. On top of that, KiOR went on to lose five cents during after-hours trading to move toa price of $0.17.
Will KiOR Turn Its Luck Around? View Our Free KIOR Analysis.
RadioShack Corporation(NYSE:RSH) gained fifteen cents to move to a new closing price of $1.06. The 16.48% increase in value came on a day when the stock traded for as much as $1.12 and as little as $0.95 after opening at a price of $1.10. RadioShack Corporation(NYSE:RSH) had a trading volume of 13.18 million yesterday, a figure which is 4.13 million higher than its three month average volume of 9.05 million. The company is currently on the road to bankruptcy and the company’s Chief Financial Officer resigned on Friday.
Can RadioShack Remain Above The $1 Mark? Receive A Free RSH Analysis.
Dendreon Corporation(NASDAQ:DNDN) saw its value increase by 9.35% yesterday as the stock gained thirteen cents to move to a new closing price of $1.52. The stock has traded within a range of $1.24 to $3.52 over the past 52 weeks. Dendreon Corporation(NASDAQ:DNDN) currently has a market capitalization of $222.84 million and 160.31 million tradeable shares. The company had a trading volume of 4,654,498 yesterday, a figure which is more than double the size of its three month average volume of 2,275,320.
Will Dendreon Corporation Continue To Rise? Take A Look At Our Free DNDN Analysis.
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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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