{"id":2590,"date":"2013-09-20T14:14:05","date_gmt":"2013-09-20T14:14:05","guid":{"rendered":"\/?p=2590"},"modified":"2013-09-20T14:14:16","modified_gmt":"2013-09-20T14:14:16","slug":"liberator-medical-holdings-inc-otcbblbmh-still-running","status":"publish","type":"post","link":"\/articles\/liberator-medical-holdings-inc-otcbblbmh-still-running\/","title":{"rendered":"Liberator Medical Holdings, Inc. (OTCBB:LBMH) Still Running"},"content":{"rendered":"

\"40LBMH_chart.png\"After seemingly finding a calm spot at its previous close, the stock of Liberator Medical Holdings, Inc. (OTCBB:LBMH<\/a>) surged near the end of the session and closed the day over 5% up. The stock has so far gained about 60% in the last month. <\/p>\n

The chart rally of Liberator is a pretty amazing feat, considering the stock was trading as low as $1.00 back in June. We have covered the first climb that was triggered by the announcement of the company’s third cash dividend and the plans for a share buyback of up to 1 million shares, a large portion of which has already been implemented.<\/p>\n

The price gave in once near $1.90 but after a handful of dramatic red sessions LBMH<\/a> switched in higher gear again and by September had pretty much made up what was lost in the crash. The current month has been an all-out storm up the charts as Liberator reached new 3-year highs that it kept improving on.<\/p>\n

Some traders on discussion boards have for a few days expressed a negative sentiment towards the stock, making oblique suggestions that it should be shorted. It’s obvious that LBMH<\/a> has climbed a lot in a relatively short time frame and the goings-on that made the stock go up roughly 140% in about three months time may not warrant such a massive climb according to some. It’s difficult, however, to dispute that the quarterly report they last posted, covering Q2 of this year, was a very strong one, showing quarter-over-quarter growth in cash, sales and net income.<\/p>\n

While there’s no way to be certain that LBMH<\/a> has hit the roof of its capabilities in terms of price performance, there is always the possibility that a sufficient number of shareholders may decide to cash out at the significant new highs. On the other hand, traders have been suggesting that LBMH<\/a> is bound to slip from its high perch for a few days now and the stock has kept climbing higher, so shorts may find themselves in a nasty situation, even if the risk of a reversal exists.<\/p>\n

\"549NTEK_chart.png\"Other significant movers in yesterday’s session include NanoTech Entertainment, Inc. (OTCMKTS:NTEK<\/a>) who gained as much as 12%. Elite Pharmaceuticals Inc. (OTCBB:ELTP<\/a>) shuffled a solid 21% up to a close of $0.13 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"

After seemingly finding a calm spot at its previous close, the stock of Liberator Medical Holdings, Inc. (OTCBB:LBMH) surged near the end of the session and closed the day over 5% up. The stock...<\/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":[797,782,247],"class_list":["post-2590","post","type-post","status-publish","format-standard","hentry","category-news","tag-eltp","tag-lbmh","tag-ntek"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2590","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=2590"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2590\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}