{"id":2548,"date":"2013-09-17T14:12:31","date_gmt":"2013-09-17T14:12:31","guid":{"rendered":"\/?p=2548"},"modified":"2013-09-17T14:12:42","modified_gmt":"2013-09-17T14:12:42","slug":"liberator-medical-holdings-inc-otcbblbmh-pierces-through-2","status":"publish","type":"post","link":"\/articles\/liberator-medical-holdings-inc-otcbblbmh-pierces-through-2\/","title":{"rendered":"Liberator Medical Holdings, Inc. (OTCBB:LBMH) Pierces Through $2"},"content":{"rendered":"

\"41LBMH_chart.png\"On Thursday the stock of Liberator Medical Holdings, Inc. (OTCBB:LBMH<\/a>) finally managed to pierce through the $2.00 mark and closed two cents above the dividing line. Friday showed that the ticker seems determined to stay afloat and LBMH<\/a> closed just shy of 1% in the green, at $2.04 per share. <\/p>\n

The stock’s previous bullish run in the middle of July was cut short just as Liberator seemed ready to float past $2 per share but a sufficient number of traders thought that’s about as much as they needed to cash out. Despite a lack of any significant negative news the stock went through a considerable pullback that sliced more than 50 cents from the price.<\/p>\n

It seems shareholders did decide to give Liberator a second chance, as the stock kept running up after the crash. This time around volume accumulation was steadier and the green streak of LBMH<\/a> was almost uninterrupted for two whole weeks. Now that the ticker has breached the $2 line and managed another green close after that, longs will be keeping their fingers crossed those levels are sustained, giving leeway for further growth.<\/p>\n

The company posted strong Q2 financials, with quarter-over-quarter growth across the board, which possibly further helped the price performance:<\/p>\n