Why Are These Stocks Falling? ZBB Energy Corporation(NYSEMKT:ZBB), Bio-Path Holdings Inc(NASDAQ:BPTH), and Cumulus Media Inc(NASDAQ:CMLS)
New York, NY – 08/12/2014 – 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.
ZBB Energy Corporation(NYSEMKT:ZBB) lost eight cents during today’s trading to finish the day at a closing price of $1.32. The 5.71% decrease in value moves the stock $0.70 away from its three month closing price high of $2.02 recorded on Jun. 5Th, 2014. On Monday, the Wisconsin-based energy storage solutions company announced that it would be presenting at the Midwest IDEAS Conference. The stock has lost an additional two cents in after-hours trading.
Bio-Path Holdings Inc(NASDAQ:BPTH) also fell eight cents during today’s trading, a 3.67% decrease in value that moved the stock to a closing price of $2.10. The Houston-based biotechnology company, which employs just two individuals on a full-time basis, traded within a range of $1.90 to $2.17 during the day. The stock had a trading volume of 548,661, a figure which is 88,842 above its three month average trading volume of 459,819. The stock has maintained its value in after-hours trading.
Cumulus Media Inc(NASDAQ:CMLS) saw its value decline more substantially than the previous two stocks, as the stock lost 5.80% of its value to close at $4.22. The twenty-six cent loss places the stock at a value just seven cents above its 52 week low of $4.15. On Thursday, the Georgia-based commercial radio station clusters operator announced that it would no longer be distributing ABC News Radio by the end of the 2014 calendar 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.
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.