Stocks Worth Considering: RiceBran Technologies(NASDAQ:RIBT), Interactive Health Network(OTCMKTS:IRGW), and World Wrestling Entertainment, Inc.(NYSE:WWE)
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RiceBran Technologies(NASDAQ:RIBT) suffered a substantial decrease in value yesterday as the stock fell $1.33 to finish the day at a new closing price of $5.32. The stock has traded within a range of $3.56 to $14.00 over the past 52 weeks, indicating that its current mark is far closer to its low than its high. RiceBran Technologies(NASDAQ:RIBT) saw its trading volume spike to a figure of 916,086 yesterday, a figure which is more than ten times higher than its three month average of 88,429.
Interactive Health Network(OTCMKTS:IRGW) enjoyed an 82.76% increase in value yesterday as the stock rose $0.0024 to move to a new closing price of $0.0053. Nevertheless, the stock remains over six cents below its 52 week high of $0.07. The company, which has a market capitalization of only $800 with 5.35 billion tradeable share,s cancelled 350 million shares of common stock on Aug. 5th. Nevertheless, the stock remains heavily traded, with 17,246,751 shares being dealt on Sept. 2nd.
World Wrestling Entertainment, Inc.(NYSE:WWE) rose seven cents to finish the day at a closing price of $14.61. This minuscule increase in value does not overshadow the fact that the stock’s current value is only half of its 52 week high of $31.98. Not only that, but World Wrestling Entertainment, Inc.(NYSE:WWE) is simply no longer a fixture in the minds of the American public. Long past are the days of Stone Cold Steve Austin and movie star Dwayne “The Rock” Johnson. On Aug. 27th, Levi & Korsinsky announced that a class action lawsuit against the company had commenced on behalf of investors who purchased common stock between Oct. 31st, 2013 and May 16th, 2014.
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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