NEW YORK, NY / ACCESSWIRE / May 8, 2015 / Higher valued equity has increased downside risk, especially if investors value the company based on growth and fundamentals that do not hold true. Markets are experiencing considerable volatile trading in an effort to establish fair value, an aspect that continuous quantitative easing up until late 2014 restricted. Despite Thursday's market upside, we continue to hold a negative outlook, initially announced in March to our free members.To receive Free Market Forecasts along with NASDAQ/NYSE Trade Alerts CLICK HERE.
On Thursday, Gevo, Inc. (GEVO) rallied 122% after inking a deal to deliver jet fuel for Alaska Airlines. GEVO reached a high on Thursday of $6.11, not coincidentally, an area of past resistance. Price has memory. While you cannot drive a car forward by looking in the rearview mirror, having a historical understanding of trading allows you to understand major entry and exit points. Combining this information with momentum and volume makes the difference between a profit or a loss for your investment. Does GEVO have an opportunity to surpass this major area of psychological resistance in the short-run? Based on the current trend we believe GEVO could experience a second wave of gains during Friday trading before a consolidation occurs on what has thus far proved to be an incredible rally.
Want NASDAQ and NYSE Alerts On Stocks Like GEVO Before They Rally? CLICK HERE.
Sequenom, Inc. (SQNM) experienced a substantial decline amounting to 15% during Thursday's trading session after Wedbush analyst Zarak Khurshid downgraded the stock from Outperform to Neutral, maintaining a $4.50 price target. The demotion was based on the lukewarm results, less confidence in 2015 breakeven, the recent run-up in the stock price and "lack of ACOG guideline recommendations this past week." SQNM closed the trading session at a strong support area established as far back as 6 months, drawing the line in what could be an opportunity at upside potential during Friday's trading session.
CLICK HERE to receive Real-Time NASDAQ/NYSE Equity Alerts similar to GEVO and SQNM.
Riviera Tool Co. (RIVT) was by far the biggest gainer in the market on Thursday closing at 22.5 cents for gains of 4,400% from its previous close of half a penny. RIVT traded as high as 10,000% intraday. Shares of the auto manufacturing penny stock ran up sharply on news that Tesla was purchasing the company. This will be Teslas first acquisition since being founded in 2003.
Is RIVT At Risk Of Collapse Following Such Gains Or Is More Upside Available? To Find Out CLICK HERE For A Free RIVT Trend Analysis Report.
Shares of Hercules Offshore (HERO) lost almost 4% on Thursday to close the day at 94 cents although the company's common stock is still up over 100% since mid-March. Hercules Offshore is a shallow oil and gas driller which was affected by the significant drop in energy prices over the past year. Currently oil prices have rebounded, however we believe further downside risk is more probable due to the declining global macroeconomic conditions as well as the record drilling that has resulted from the drop in prices whereby companies are attempting to secure market share by selling the greatest volume of oil in an effort to pay off record liabilities fueled by cheap bonds over the past 6 years.
To Receive A Free Trend Analysis Report On HERO,CLICK HERE.
To receive Real-Time NASDAQ/NYSE Equity Alerts similar to RIVT and HERO,CLICK HERE.
About UltimateStockAlerts.com
UltimateStockAlerts.com covers NASDAQ and NYSE listed companies that are overlooked and undervalued by Wall Street. Investors can choose to receive trading strategies via text message (SMS) or email. To receive free text message alerts text the word ULTIMATE to 555-888 from your phone. For more information visit www.UltimateStockAlerts.com.
Disclosure: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. UltimateStockAlerts.com has not been compensated nor expects to receive any compensation for distribution of our opinions and publicly available information for GEVO, SQNM, RIVT, nor HERO as of 05/08/2015. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Please visit www.UltimateStockAlerts.com website, for complete risks and disclosures.
SOURCE: UltimateStockAlerts.com
