Why Are These Stocks Suffering Significant Losses? Vapor Corp.(NASDAQ:VPCO), Banro Corporation (USA)(NYSEMKT:BAA), and CannaVEST Corp(OTCMKTS:CANV)

Posted by admin August 20, 2014 0 Comment 715 views

New York, NY – 08/20/2014 –  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.

Vapor Corp.(NASDAQ:VPCO) saw its value decrease by 8.77% during yesterday’s trading as the stock fell twenty-five cents to finish the day at a closing price of $2.60. The stock, which notably traded for a new 52 week low of $2.55 during the day, has a market capitalization of $47.04 million and 16.51 million shares. The Florida-based electronic cigarettes company announced its second quarter financial results on Aug. 14th. The figures included an operating loss of $1.7 million.

Will Vapor Corp. Turn Its Fortunes Around? Click Here For A Free VPCO Analysis.

Banro Corporation (USA)(NYSEMKT:BAA) enjoyed a $0.042 gain during yesterday’s trading to move to a closing price of $0.230. However, the stock subsequently fell $0.049 during after-hours trading, a 21.3% decrease in value that moved the stock to a value of $0.181. The mark is just $0.001 above its three month closing price low. On Aug. 18th, Banro announced that, along with developing a new financing plan, the company had brought Kevin Jennings into the company as its new Senior Vice President and Chief Financial Officer.

What Does The Future Hold For Banro? View Our Free BAA Analysis.

CannaVEST Corp(OTCMKTS:CANV) lost twenty-three cents during yesterday’s trading, a 6.78% decrease in value that moved the stock to a closing price of $3.16. However, the stock regained twenty cents during after-hours trading. The California-based development stage company announced its second quarter financial results on Aug. 14th. CannaVEST’s reported figures included a net income of $8.04 million, or $0.24 per share, as opposed to a net loss of $348,134, or $0.04 per share, during the same period in the previous fiscal year.

How Far Will CannaVEST Rise? Receive A Free CANV Analysis.

About HotStockGains

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.

Write Your Comment