Fresh Healthy Vending International, Inc. (OTCMKTS:VEND) Eyes $4
The rising trend for Fresh Healthy Vending International, Inc. (OTCMKTS:VEND) continued for two days in a row, improving on the record sales. VEND reached $3.85 after adding more than 54% to its price, on dollar volumes above $4.61 million, more than triple the previous record.
The one reason for the interest are the new financial filings, which are supposed to reflect the company’s large spread of franchised vending machines full of healthy snacks. But the true call to investors came from a November 19th email, from Promotion Stock Secrets, taking up VEND at the right moment. The pumpers did not receive compensation, showing that VEND was chosen for being a self-propelled riser.
The latest results, for the quarter to September 2013, show:
- A net loss of $241,980, compared to net income of $207,461 for the same quarter of 2012
- Net cash outflow of more than $1.1 million
- $231,874 cash at the end of period
The setbacks are due to lowered income from franchises, as well as using funds to retire some problem receivables. Still, VEND has shown that its operations are capable of working, though subject to economic fluctuations.
Still, VEND is on an upward spiral of enthusiasm, promising both further returns on investment, and a higher and higher chance of a reversal. Investors’ forums still bet on a new rising, as far as $4, a close-by threshold level. Still, forums are relatively silent for this phenomenal shooting rocket.
VEND posits itself as potentially benefiting from the market in healthy foods, and a legislation banning regular soft-drink vending machines.
In some cases, it is possible to make use of a company’s momentum, while having the clear idea that the good days won’t last. This was the boost behind several recent movers. Take a look at the Nevada Cold Corp. (OTCBB:NVGC), a ticker under promotion and with great buying momentum in the past month. Heading for 50 cents, the stock may have enough fuel to further the run, before hitting a rocky patch as the promotion goes stale.
First Titan Corp. (OTCBB:FTTN) was in the same boat, making a robust trend, which predictably ended in the red.
If you still like VEND and want to see it attack higher prices, it is still best to invest affordable sums only, as selling could easily hurt the shares. Otherwise, plan your time frame accordingly, to benefit from the longer-term potential of the company, if you see such possibility.