{"id":7122,"date":"2015-10-12T00:02:08","date_gmt":"2015-10-12T00:02:08","guid":{"rendered":"\/?p=7122"},"modified":"2015-10-12T00:14:44","modified_gmt":"2015-10-12T00:14:44","slug":"propanc-health-group-corp-otcmktsppch-loses-its-footing","status":"publish","type":"post","link":"\/articles\/propanc-health-group-corp-otcmktsppch-loses-its-footing\/","title":{"rendered":"Propanc Health Group Corp. (OTCMKTS:PPCH) Loses Its Footing"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91611\/dfasdfcxv.png\" border=\"0\" width=\"442\" height=\"197\" \/>Although Propanc Health Group Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a>) managed to recover somewhat from yesterday&#8217;s weak start, the session&#8217;s final bell caught the ticker 8.20% down. So where will it go now? <\/p>\n<p>While yesterday&#8217;s crash didn&#8217;t turn out as ugly as it looked like it was going to be in early trading, that is no reason for investors to relax just yet. <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a><\/strong>&#8216;s situation remains virtually unchanged, and while it is true that yesterday&#8217;s slide left the ticker somewhat worse for wear, it is still perched much higher than is logical or reasonable.<\/p>\n<p>Investors should never forget that we&#8217;re talking about a company that showed this in its latest financial report:<\/p>\n<ul>\n<li>Cash &#8211; $107 thousand<\/li>\n<li>Current assets &#8211; $621 thousand<\/li>\n<li>Current liabilities &#8211; $3.68 million<\/li>\n<li>Annual revenues &#8211; ZERO<\/li>\n<li>Annual net loss &#8211; $3.41 million<\/li>\n<\/ul>\n<p>Seeing as the company has quite a bit of toxic debt to go with its meager achievements to date and lack of funds, a market cap of 16 million may still be a bit high, even after this latest correction.<\/p>\n<p>This should make investors extra weary, as it means that the ticker might not be done falling yet.<\/p>\n<p>Naturally, this doesn&#8217;t mean that there is no money to be made from trading <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PPCH\">PPCH<\/a><\/strong> in the shoert run, however investors should always be aware of the possibility that some of the company&#8217;s horribly discounted convertible debt may be transformed into shares and dumped on the market at any point in time.<\/p>\n<p>In order to maximize their profits, noteholders would want to do so at a moment when the stock is hot and liquid and the ticker is high up the charts &ndash; right in the middle or immediately after a significant price jump.<\/p>\n<p><img decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91611\/fsadfa.png\" border=\"0\" \/>Investors should really keep that in mind.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Although Propanc Health Group Corp. (OTCMKTS:PPCH) managed to recover somewhat from yesterday&#8217;s weak start, the session&#8217;s final bell caught the ticker 8.20% down. So where will it go now? While yesterday&#8217;s crash didn&#8217;t turn&#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":[1604],"class_list":["post-7122","post","type-post","status-publish","format-standard","hentry","category-news","tag-ppch"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7122","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=7122"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7122\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}