{"id":8058,"date":"2016-06-13T00:02:09","date_gmt":"2016-06-13T00:02:09","guid":{"rendered":"\/?p=8058"},"modified":"2016-06-13T00:14:55","modified_gmt":"2016-06-13T00:14:55","slug":"guided-therapeutics-inc-otcbbgthp-continues-to-slide","status":"publish","type":"post","link":"\/articles\/guided-therapeutics-inc-otcbbgthp-continues-to-slide\/","title":{"rendered":"Guided Therapeutics Inc (OTCBB:GTHP) Continues To Slide"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 11px; float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93708\/gthp_chart.png\" border=\"0\" width=\"500\" \/>Guided Therapeutics Inc (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GTHP\">GTHP<\/a>) has been sliding down the charts for quite some time and has lost a lot of the value that it had in the beginning of the year. More recently we also see a significant increase in daily volumes, suggesting that people who were holding on to <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GTHP\">GTHP<\/a><\/strong> shares have begun selling out.<\/p>\n<p>&nbsp;<\/p>\n<p>The frightening this is that even good news aren&rsquo;t capable of providing an upward push. On Tuesday the company announced a pretty lucrative deal with Shenghuo Medical, LLC about which we wrote in more detail in our previous article and even that didn&rsquo;t manage to boost investor confidence.<\/p>\n<p>&nbsp;<\/p>\n<p>Furthermore, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GTHP\">GTHP<\/a><\/strong> isn&rsquo;t exactly in great shape according to the contents of its latest financial report.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>cash: $56 thousand<\/li>\n<li>current assets: $2.05 million<\/li>\n<li>total liabilities: $6 million<\/li>\n<li>quarterly revenues: $262 thousand<\/li>\n<li>operating loss: $1.13 million<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Those numbers aren&rsquo;t looking good, but they are not the only red flag surrounding <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GTHP\">GTHP<\/a>.<\/strong> The company has been quick to dilute its stock after performing a 1-for-100 reverse split back in February. This reduced the outstanding share count to about 3.15 million in the beginning of March. Just a couple of months later that number had increased to 29.8 million.<\/p>\n<p>&nbsp;<\/p>\n<p>And while the optimistic press release from Tuesday didn&rsquo;t manage to help <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GTHP\">GTHP<\/a><\/strong> we saw it crash a further 12.63% during yesterday&rsquo;s sessions, closing at $0.017. A total of 6.01 million shares changed their owners, generating $104 thousand in daily dollar volume.<\/p>\n<p>&nbsp;<\/p>\n<p>We see that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GTHP\">GTHP<\/a><\/strong> is still going down in today&rsquo;s trading so you should be sure to do your due diligence and weigh out the risks before putting any money on the line.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guided Therapeutics Inc (OTCBB:GTHP) has been sliding down the charts for quite some time and has lost a lot of the value that it had in the beginning of the year. More recently we&#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":[989],"class_list":["post-8058","post","type-post","status-publish","format-standard","hentry","category-news","tag-gthp"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8058","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=8058"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8058\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=8058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=8058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=8058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}