Will These Declining Stocks Continue To Fall? Curry Gold Corp.(OTCBB:VOIL) and OncoSec Medical Inc(OTCMKTS:ONCS)
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Curry Gold Corp.(OTCBB:VOIL) lost twenty cents during yesterday’s trading, a 15.5% decrease in value that moved the stock to a closing price of $1.09. The stock traded within a range of $1.05 to $1.30 during the day. Its current value places the Texas-based oil and gas exploration company closer to its 52 week low of $0.55 than to its high of $1.74.
The stock’s trading volume spiked yesterday as it reached a volume of 646,328. This figure is substantially higher than its three month average of 377,829. Curry Gold Corp.(OTCBB:VOIL) has a market capitalization of $62.95 million with 48.8 million shares.
Curry Gold Corp, which changed its name to Virtus Oil and Gas Corp.(OTCBB:VOIL) almost a year ago, lost an additional cent during after-hours trading.
OncoSec Medical Inc(OTCMKTS:ONCS) enjoyed a 10.98% increase in value during yesterday’s trading as the stock rose $0.045 to finish the day at a closing price of $0.455. The increase is a welcome result for the San Diego-based biotechnology company, which is currently developing a DNA-based intratumoral cancer immunotherapy. OncoSec had previously seen its value decline from a three month closing price high of $0.84 on Jun. 2Nd to a figure of $0.36 on Aug. 5th.
OncoSec Medical Inc(OTCMKTS:ONCS), whose clinical programs include three Phase II clinical trials, has not published a press release since Aug. 6th. On that date, the company appointed Dr. Holbrook Kohrt of the Stanford Cancer Institute to its Scientific Advisory Board. The stock’s value has gained ten cents since Kohrt’s appointment, although the stock also reached the $0.46 mark on Aug. 7th.
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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