{"id":2577,"date":"2013-09-19T14:14:52","date_gmt":"2013-09-19T14:14:52","guid":{"rendered":"\/?p=2577"},"modified":"2013-09-19T14:15:03","modified_gmt":"2013-09-19T14:15:03","slug":"liberator-medical-holdings-inc-otcbblbmh-forges-ahead","status":"publish","type":"post","link":"\/articles\/liberator-medical-holdings-inc-otcbblbmh-forges-ahead\/","title":{"rendered":"Liberator Medical Holdings, Inc. (OTCBB:LBMH) Forges Ahead"},"content":{"rendered":"

\"574LBMH_chart.png\"Yesterday the stock of Liberator Medical Holdings, Inc. (OTCBB:LBMH<\/a>) gained another 3% and added a further 8 cents to its price, to arrive at $2.26 per share. The stock gained a quarter of a dollar in just three consecutive sessions. <\/p>\n

It seems nothing can hamper Liberator’s steady stride up the charts, as over the last month of trading the ticker has added over 70 cents to its share price. Yesterday’s volume was once again strong, with LBMH<\/a> generating the same dollar volume as that of Monday trading. The stock climbed in the morning and proceeded steadily to yet another green close.<\/p>\n

The company originally pulled up in the middle of June, assisted by news of cash dividend plans and a share buyback for as many as 1 million shares. With the dividend payment date less than a month away and a part of the buyback having already taken place, it seems more traders are pitching in.<\/p>\n

The stock recovered from a selling spree in late July which saw traders cashing out and bagging their profits after the ticker very nearly doubled in the span of a month. Now LBMH<\/a> has recovered, partially boosted by a strong Q2 report that showed quarter-over-quarter growth across the board. With the stock having pierced through the $2 mark with ease and adding a further quarter of a dollar to its price, Liberator may seem unstoppable. Then again, we have seen plenty of cases where a stock climbed too quickly for its own good and eventually caved in under its own weight.<\/p>\n

It’s difficult to say whether LBMH<\/a> will be able to maintain the levels it has reached. Those fond of technical analysis will probably come up with multiple probability scenarios but it’s not our intention to go down that road. Still, a word of caution may be in order, as a second wave of people cashing out or the stock simply collapsing under its heated growth will probably hurt more than the late July spasm.<\/p>\n

\"0DECN_chart.png\"Among the gainers in yesterday’s market were also Globalstar, Inc. (OTCMKTS:GSAT<\/a>) who closed 6% up and commanded even greater dollar volume of $12 million. Decision Diagnostics Corp. (OTCBB:DECN<\/a>) closed green again, adding 35% to their share price but are currently slipping back, 9% red in the current session.<\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday the stock of Liberator Medical Holdings, Inc. (OTCBB:LBMH) gained another 3% and added a further 8 cents to its price, to arrive at $2.26 per share. The stock gained a quarter of a...<\/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":[118,314,782],"class_list":["post-2577","post","type-post","status-publish","format-standard","hentry","category-news","tag-decn","tag-gsat","tag-lbmh"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2577","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=2577"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2577\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}