What Does The Future Hold For These Slumping Canadian Stocks? LIGHTSTREAM RES(OTCMKTS:LSTMF), QUEST RARE MINERALS LTD.(NYSE:QRM), and Denison Mines Corp (USA)(NYSEMKT:DNN)
New York, NY – 08/8/2014 – HotStockGains provides investors and traders with valuable trading strategies via text message and email. To join our free text message alerts service just text the word BREAKOUT to 555888 from your cell phone. Just text STOP to unsubscribe if you ever need to.
LIGHTSTREAM RES(OTCMKTS:LSTMF) suffered a substantial loss in value during yesterday’s trading, falling $0.47 to finish the day at a closing price of $5.78. Despite the decrease in value that moved the stock even further away from its 52 week high of $8.45, the stock does remain $1.08 above its 52 week low of $4.70. The Canada-based oil and natural gas developer had a trading volume of 476,856, a figure that is considerably higher than its three month average of 88,955.
QUEST RARE MINERALS LTD.(NYSE:QRM) experienced limited movement during yesterday’s trading which resulted in a 0.44% decrease in value, moving the stock to a closing price of $0.2050. The stock had a trading volume of 160,800, more than 130,000 below its three month average of 293,850. Despite the slow activity, the stock still remained near 52 week low values, as the Canada-based rare earth deposits company traded within a range of $0.2010 to $0.22 during the day.
Denison Mines Corp (USA)(NYSEMKT:DNN) lost four cents during yesterday’s trading, a 3.08% decrease in value that moved the stock to a closing price of $1.26. The stock has traded within a range of $0.97 to $1.76 over the past 52 weeks, numbers which place yesterday’s closing price $0.29 above and $0.50 below those values. The Toronto-based uranium developer had a trading volume of 1,705,887, a figure that is 936,641 above its three month average of 769,246.
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.
Sign up for my free newsletter to receive market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks. If you are not satisfied, simply click unsubscribe.
Disclosure: HotStockGains is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Always seek help from a professional financial advisor (I am not one). Please visit http://hotstockgains.com/disclaimer/ for complete risks and disclosures.