{"id":1193,"date":"2013-04-11T14:11:24","date_gmt":"2013-04-11T14:11:24","guid":{"rendered":"\/?p=1193"},"modified":"2013-04-11T14:11:37","modified_gmt":"2013-04-11T14:11:37","slug":"biodrain-medical-inc-otcbior-revisits-heights","status":"publish","type":"post","link":"\/articles\/biodrain-medical-inc-otcbior-revisits-heights\/","title":{"rendered":"BioDrain Medical, Inc. (OTC:BIOR) Revisits Heights"},"content":{"rendered":"<p> The stock of BioDrain Medical, Inc. (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BIOR\">BIOR<\/a>) revisits levels not seen in a few months, but this time a record number of shares changed hands around 20 cents. The spike in buying follows weeks of increasing volume, as <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BIOR\">BIOR<\/a> joins the selection of small cap companies servicing the medical industry. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BIOR\">BIOR<\/a> has the advantage of providing a well-established service, yet a giant spike in activity may mean a deep loss is possible if enough investors decide to sell. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/BIOR0411.png\" border=\"0\" alt=\"BIOR0411.png\" title=\"BIOR0411.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>So let&#8217;s look again at <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BIOR\">BIOR<\/a>, which for now has avoided the interest of paid promoters. The producer and distributor of operating room cleaning technologies has changed its financial situation so far, to hold:<\/p>\n<ul>\n<li>$13,139 cash<\/li>\n<\/ul>\n<ul>\n<li>$369,577 total assets, of which $140,000 intangible<\/li>\n<\/ul>\n<ul>\n<li>$3.4 million total current liabilities<\/li>\n<\/ul>\n<ul>\n<li>$188,772 revenues<\/li>\n<\/ul>\n<ul>\n<li>$7.4 million net loss for 2012 <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/RAFA0411.png\" border=\"0\" alt=\"RAFA0411.png\" title=\"RAFA0411.png\" width=\"300\" height=\"134\" \/><\/li>\n<\/ul>\n<p>The company reports exceedingly high administrative expenses, around $6 million, which deepen the losses. When we mentioned the company in 2011, it still worked with a great working capital deficit, which has only grown. On the positive side, the company has marked some revenues and its products seem to be accepted, which may speak of longer-term potential. Also on the positive side, the lack of a paid promotion and the sparse news from the company, aside from its SEC statements, show that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BIOR\">BIOR<\/a> is so far not interested in artificially introducing interest in its stock.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BIOR\">BIOR<\/a> may be rising on a general trend that lifted OTC companies dealing with medical products, such as drugs or technologies. Yet the business model of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BIOR\">BIOR<\/a> seems more predictable, while pharmaceutical stocks suffer insecurity. Other contenders such as <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/APPA0411.png\" border=\"0\" alt=\"APPA0411.png\" title=\"APPA0411.png\" width=\"300\" height=\"134\" \/>AP Pharma, Inc. (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=APPA\">APPA<\/a>) are having to deal with sudden loss of trust.<\/p>\n<p>Our database lists yet another pharmaceutical penny stock as actively promoted, Rafarma Pharmaceuricals, Inc. (PINK:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=RAFA\">RAFA<\/a>). So far, the pump has managed to create unusually high volumes, but little change in price.<\/p>\n<p>The next few days will show if BION will return to its choppy, sporadic mode of trading or it will start a more discernible trend. In any case, be aware that BION and other companies from the sector are prone to sharp corrections and plan your potential losses accordingly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The stock of BioDrain Medical, Inc. (OTC:BIOR) revisits levels not seen in a few months, but this time a record number of shares changed hands around 20 cents. The spike in buying follows weeks&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[41,594,593],"class_list":["post-1193","post","type-post","status-publish","format-standard","hentry","category-news","tag-appa","tag-bior","tag-rafa"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=1193"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1193\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}