Parrent Action Alert: Is CARLSBERG AS (CABGY)’s Trend Up

November 29, 2016 - By Marguerite Chambers

Parrent Action Alert: Is CARLSBERG AS (CABGY)’s Trend Up

The stock price of CARLSBERG AS (OTCMKTS:CABGY) recorded $-0.04 in recent trading, touching $16.84 and getting interest from avid investors. It’s the latest price, but let’s analyze how the stock has been doing recently. In the past year, CARLSBERG AS’s stock was 12.00%. According to the short interest report published recently, (CABGY) had 39,600 shorted shares for 0.4 days to cover. The prior short interest was 19,700 for a $101.02 change. The 52-Week High and Low are noted here. -18.61% (High), 11.97%, (Low). The stock had 95,000 average volume.

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When moving into land of penny stock trading, one must determine whether the risk-reward ratio is favorable. Penny stocks can be tremendously attractive. Hollywood often shows selling or trading stocks being easy and fun, with millions of dollars earned as profits. It’s important to identify that there is considerable risk involved when putting money in penny stocks. The risks list include market volatility, getting stuck with fake shell firms created for the only objective of the ‘pump and dump’. For those who are not aware with the term, pump and dump happens where brokers promote the equity until prices rise, then sell the stock, leaving novice investors to bear the loss.

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It is a common thing to get caught up in the excitement of penny stock email bulletins. Though the circulars are a helpful means to get ideas, wise investors still perform due diligence on interested stocks. Some penny stock circulars show a disclaimer at the bottom that states something like ‘We are not market advisors, we’ve got compensation and we may have this stock in our portfolio.’ Further study must be carried out to find out if a firm actually has businesses or is simply a home office.

Many a times, when a promotional plan is designed, there are big shareholders offloading shares they might have bought long ago, waiting for an opportunity to recoup their investments. It never indicates that these firms termed as ‘fake’ aren’t good options for short-term trading. If you have disposable money that you can put in use to make a quick trade, what a firm does is less significant than recording a win on a trade. In such a scenario, things like stock promotions are advantageous for shareholders as they throw more light on a dark or defunct firm.

Look at a promotion last year of Cynk Technology (CYNK), which surged all the way to $21.95 from low of 6 cents. The firm itself had very little to deliver as far as fundamentals or operations are concerned, and its shares price was purely led by trading activity.

Disclaimer: The information contained on this website and from any communication related to this website is for information purposes only. The material on this website does not constitute advice and you should not rely on any material in this website to make (or refrain from making) any decision or take (or refrain from making) any action.

More notable recent Carlsberg A S (ADR) (OTCMKTS:CABGY) news were published by: Etfdailynews.com which released: “The Real Winner From The Bud-Miller Merger” on October 01, 2015, also Marketwatch.com with their article: “Vietnam OKs Carlsberg to raise Habeco stake to 30%” published on November 12, 2012, Valuewalk.com published: “As Americans Shun Beer in Favor of Liquor and Wine, Who Wins?” on August 06, 2013. More interesting news about Carlsberg A S (ADR) (OTCMKTS:CABGY) were released by: Zacks.com and their article: “Brown Forman B: (BF.B)” published on May 25, 2009 as well as Marketwatch.com‘s news article titled: “Cocktails with a twist: Millennial consumers seek ‘healthier’ drinks” with publication date: July 24, 2016.

Carlsberg A/S is a Denmark-based company active within the brewing industry. The company has a market cap of $9.98 billion. It is primarily engaged in the production, marketing and sale of beer and soft drinks. It currently has negative earnings. The Company’s portfolio consists of more than 500 beer brands, including Carlsberg, Kronenbourg, Baltika, Holsten, Tuborg, Lav and Lvivske, among others.

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