Jovita Baltrusaityte

Can CyberDefender Corp. (NASDAQ:CYDE) Redeem Its Good Name with the Help of Personal Internet Security 2011?

by Jovita Baltrusaityte February 4, 2011
cyde_chart.jpgSince CyberDefender Corporation (NASDAQ:CYDE, CYDE message board) announced its third quarter results, the stock has started sinking down. In more than a month, CYDE went from $3.29 to $2.27, i.e. more than 30% down. What news has managed to affect the price so drastically?

The first day when the stock started losing its price was December 21, 2010, when CYDE announced its Q3 results. Although the company increased gross sales by 178% for the quarter ending September 2010, loss from operations rocketed from 3,9 million dollars to 10,6 million dollars, which is 171% up. It looks like investors started to get concern about the situation in the company and decided to stay on the safe side.

For now, we are still waiting for the Q4 and the annual financial results. Maybe it will be the only way to recover what CYDE has already lost. However, the provider of Internet security software, utilities and Live PC Support services might also get its good name among investors by dealing with the most dangerous malware, such as rogue anti-spyware soft Personal Internet Security 2011, which has recently been thrown to the web (be sure that you remove this threat by following the instructions provided).

0CYDE_logo.jpgJust imagine that a company like this suggests its products, and is able to help clients who are ready to pay money for fixing their machines. This way, the company would not only earn more money but would also give a good name to its prestige among investors. If quarterly and annual results don't affect the stock price, maybe Personal Internet Security 2011 will.

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