Where Should You Make Your Next Investment? mCig Inc(OTCMKTS:MCIG), Canadian Solar Inc.(NASDAQ:CSIQ), and Gevo, Inc.(NASDAQ:GEVO)
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mCig Inc(OTCMKTS:MCIG) finished Thursday’s trading at a closing price of $0.430 after losing 3.8% of its value. Trading within a range of $0.41 to $0.45 during the day, the stock’s loss of $0.017 could have been a substantially worse one for tobacco-free smokeless alternatives company. On Aug. 12th, the company announced that it had added Jonathan Cheban to its VitaCig team. A public relations consultant, Cheban is a E! Reality Star that has appeared on “Keeping Up With The Kardashians” and “Spin Crowd.”
Canadian Solar Inc.(NASDAQ:CSIQ) enjoyed a 4.42% increase in value during yesterday’s trading as the stock gained $1.37 to finish the day at a closing price of $32.40. The stock, which traded within a range of $29.66 to $32.86 during the day, remains substantially closer to its 52 week high of $44.50 than it does to its low of $10.55. In the company’s second quarter financial results report, Canadian Solar announced that it had recorded an earnings per share figure of $0.95, which boosted investor confidence in the company.
Gevo, Inc.(NASDAQ:GEVO) suffered a 2.02% loss during yesterday’s trading as the stock fell one cent to finish the day at a closing price of $0.48. The stock remains just five cents above its 52 week low of $0.43. The Colorado-based renewable chemicals and biofuels company has a market capitalization of $48.55 million and 99.1 million shares. On Aug. 13th, the company revealed its second quarter financial results, which included a quarterly net loss of $17.2 million, up $2 million from the same period during the 2013 fiscal year.
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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