As soon as CyberDefender Corporation (NASDAQ:CYDE) reported its third-quarter results, the stock began to sink down. In just about a month, the stock lost 30% of its market price and reached $2.27 per share. What has influence the CYDE stock price to such extent?
On December 21, 2010, the day when the company announced its financial results, its stock aimed the bottom of the chart. Probably because its loss from operations rocketed from $3.9 million dollars to $10.6 million dollars, which is 171% up by end of September. After finding out this fact, investors didn’t care for the 178% increased gross sales of CYDE and preferred to keep the safe side.
Presently, traders are waiting for the fourth-quarter report and the annual results of CyberDefender to see if the company has recovered the losses. Meanwhile, the provider of Internet security software, utilities and Live PC Support services might also get its good name by dealing with the most dangerous malware on the web, such as rogue anti-spyware soft Personal Internet Security 2011 (be sure that you remove this threat by following the instructions provided).
In case CyberDefender suggests good products and is able to help clients who pay money for fixing their machines, the company would not only earn more cash but would also earn a good reputation among investors. Thus, if quarterly and annual results don’t affect CYDE stock price, it’s possible Personal Internet Security 2011 to do that instead.
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