Will Vaporin Inc(OTCBB:VAPO), Elray Resources Inc(OTCMKTS:ELRA), and PDI, Inc.(NASDAQ:PDII) Hit Rock Bottom?

Posted by Saimoon November 10, 2014 0 Comment 686 views


New York, NY – GDP INSIDER  –  11/10/2014.

This article discusses three companies: Vaporin Inc(OTCBB:VAPO), Elray Resources Inc(OTCMKTS:ELRA), and PDI, Inc.(NASDAQ:PDII)

Vaporin Inc(OTCBB:VAPO) announced on Nov. 6th that it had signed a binding term sheet to enter into a merger with Vapor Corp. The Florida-based company develops, markets, and sells electronic cigarettes and related products, including Vaporin Pens, e-liquids, kits, and accessories. The stock has traded within a range of $1.46 to $11.50 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $2.53. This price suggests that Vaporin is on the decline.

How Will A Merger Affect Vaporin’s Value? Receive A Free VAPO Analysis.

Elray Resources Inc(OTCMKTS:ELRA) is a Cambodia-based online gaming company that operates a variety of websites, including SierraCasino.com, Knutspoker.com, and LuckyLuckyBingo.com. The company anounced on Oct. 28th that the wagering at one of its JV Licensed Live Dealer Casino facilities had exceeded the $10 million USD mark for October. The company had a trading volume of 248.4 million yesterday, a figure which is 102.05 million higher than its three month average volume of 146.35 million.

Is Elray Resources A Good Investment? Take A Look At Our Free ELRA Analysis.

PDI, Inc.(NASDAQ:PDII) reported its third quarter financial results on Nov. 3rd, 2014. The figures included a revenue of $29.2 million, which was in line with the company’s expectations. Additionally, PDI also announced that it had acquired RedPath Integrated Pathology, a molecular diagnostics company. The stock has traded within a range of $1.34 to $6.25 over the past 52 weeks, yet finished yesterday’s trading at a price of $1.62. This closing price suggests that PDI is on the decline.

Will PDI’s Trading Price Suffer Due To Its Acquisition? View Our Free PDII Analysis.

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