{"id":2706,"date":"2013-10-02T10:11:36","date_gmt":"2013-10-02T10:11:36","guid":{"rendered":"\/?p=2706"},"modified":"2013-10-02T10:11:51","modified_gmt":"2013-10-02T10:11:51","slug":"liberator-medical-holdings-inc-otbblbmh-stays-red-drops-below-2","status":"publish","type":"post","link":"\/articles\/liberator-medical-holdings-inc-otbblbmh-stays-red-drops-below-2\/","title":{"rendered":"Liberator Medical Holdings, Inc. (OTBB:LBMH) Stays Red, Drops Below $2"},"content":{"rendered":"

\"260LBMH_chart.png\"After three consecutive hiccups, yesterday the stock of Liberator Medical Holdings, Inc. (OTCBB:LBMH<\/a>) slipped again and closed a little over 5% down. Share volume was still above average, even if it had cooled down a little from Monday, with 340 shares changing hands. <\/p>\n

With yesterday’s red session, the price once again dipped under the $2 mark. Just four sessions ago, LBMH<\/a> closed at $2.37, more than 40 cents higher than its last close. Even though the stock managed to weather the first dip of Sep 20 and recovered to a new high, the last four red days pressed the ticker down, below the psychological $2 barrier.<\/p>\n

While the drop may look like a cashout from people who bought early in the climb and are now monetizing their shares, the volatility that comes with that is a risk factor that should not be overlooked. Some traders on discussion boards speculated that once the stock hits its 50-day moving average it may start another climb but this is all guesswork.<\/p>\n

It’s true that after LBMH<\/a> started climbing from $1 in June and nearly doubled, the drop that followed sliced a similar percentile share off the price and then LBMH<\/a> recovered just as it was about to hit the MA line but expecting solid repeating patterns with OTC stocks is not always a wise thing, even if the company in question has a strong foundation like Liberator. Where LBMH<\/a>‘s price goes next remains to be seen and traders should bear in mind that even though the dip may look lucrative, there’s no telling how far it will go.<\/p>\n

\"9WTER_chart.png\"Among the tickers that held investors’ attention on Tuesday were also Alkaline Water Company, Inc. (OTCBB:WTER<\/a>) who keep sliding after a half-hearted pump in late September brought the price near $0.90. WTER<\/a> closed 12% down and stopped at $0.50. The latest Awesome Penny Stocks pump job – Pacific Clean Water Technologies, Inc., f\/k\/a Unseen Solar, Inc. (OTCMKTS:PCWT<\/a>) underperformed once again, closing nearly 13% down on over 6 million shares traded.<\/p>\n","protected":false},"excerpt":{"rendered":"

After three consecutive hiccups, yesterday the stock of Liberator Medical Holdings, Inc. (OTCBB:LBMH) slipped again and closed a little over 5% down. Share volume was still above average, even if it had cooled down...<\/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":[782,1009,916],"class_list":["post-2706","post","type-post","status-publish","format-standard","hentry","category-news","tag-lbmh","tag-pcwt","tag-wter"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2706","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=2706"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2706\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}