{"id":8318,"date":"2016-07-19T17:02:04","date_gmt":"2016-07-19T17:02:04","guid":{"rendered":"\/articles\/?p=8318"},"modified":"2016-07-19T17:14:37","modified_gmt":"2016-07-19T17:14:37","slug":"bionovelus-inc-otcmktsonov-climbs-higher","status":"publish","type":"post","link":"\/articles\/bionovelus-inc-otcmktsonov-climbs-higher\/","title":{"rendered":"BioNovelus, Inc. (OTCMKTS:ONOV) Climbs Higher"},"content":{"rendered":"<p>tags: ONOV <\/p>\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\/93942\/onov_6m_450x350.png\" border=\"0\" \/>The start of the year was rather disappointing for the stock of BioNovelus, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ONOV\">ONOV<\/a>) as the ticker had dropped pretty low in double-zero territory and barely received a lot of investor attention.<\/p>\n<p>&nbsp;<\/p>\n<p>This all changed in the end of April when <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ONOV\">ONOV<\/a><\/strong> began to climb the charts and the daily volumes increased significantly. The company stock made significant gains and reached a high of $0.18 per share in mid-June, but took a slight step back in the following days. This wasn&rsquo;t very surprising when you took the financial performance of <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ONOV\">ONOV<\/a><\/strong> in consideration.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>cash: $4<\/li>\n<li>current assets: $4<\/li>\n<li>current liabilities: $681 thousand<\/li>\n<li>revenues: ZERO<\/li>\n<li>net loss: $25 thousand<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Those terrible numbers were found in the company&rsquo;s financial report for the first quarter of the year, but they didn&rsquo;t appear to affect the stock when they were made public in the middle of May.<\/p>\n<p>&nbsp;<\/p>\n<p>The company stock does seem to rarely get affected by positive PR as well. <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ONOV\">ONOV<\/a><\/strong> recently announced positive results from the successful pilot test of its CR-10 biodegradable fungicide in the treatment of coffee rust in Costa Rica. The following sessions saw the ticker drop down the charts.<\/p>\n<p>&nbsp;<\/p>\n<p>And now it has come to climb without any aid whatsoever. Last week finished with a good 28.57% gain and <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ONOV\">ONOV<\/a><\/strong> returned to its high of $0.18. A total of 759 thousand shares changed their owners and generated $114 thousand in daily dollar volume.<\/p>\n<p>&nbsp;<\/p>\n<p>The company stock is still going strong it today&rsquo;s session so far, but that doesn&rsquo;t mean that you should skip doing your due diligence and weighing out the risks before putting any money on the line.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>tags: ONOV The start of the year was rather disappointing for the stock of BioNovelus, Inc. (OTCMKTS:ONOV) as the ticker had dropped pretty low in double-zero territory and barely received a lot of investor&#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":[],"class_list":["post-8318","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8318","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=8318"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/8318\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=8318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=8318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=8318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}