Liberator Medical Holdings, Inc. (OTCBB:LBMH) Manages to Hold Fast
After its latest green bout that lasted three sessions, yesterday Liberator Medical Holdings, Inc. ( OTCBB:LBMH ) logged a red close. The ticker dipped by just 2% even though share volume picked up significantly and recorded its highest volume for the last two months. What's possibly important to LBMH longs is that the stock managed to hold fast for the most part and there was no serious drop after the green run. The previous spike LBMH charted a couple of weeks ago was followed by a series of drops that happened on far smaller share volume.[BANNER] The price took a dip in early trading, then spend the majority of the day above the previous close and it seemed LBMH was headed for another green close. Immediately before the closing bell the ticker had a spasm that sent it in the red, even if just by 2%. The immediate future of the stock remains uncertain, as the previous drop from $2.15 to under two dollars started with a 2.8% red session. Liberator has, at any rate, managed to grab investors' attention again - whether those are people buying the dips and selling a few days later remains to be seen. After all, the stock was sitting around $1.00 per share in the beginning of this summer and there could be a sufficient number of people willing to ride the new highs and squeeze them for what they're worth. Liberator initially ran propelled by declaring their third cash dividend that should have been paid out to shareholders last week, as well as a strong quarterly report that boasted reasonable growth across the board. Other big movers in Monday's session include Sigma Labs, Inc. ( OTCMKTS:SGLB ) who gained 16% to close the session at $0.16 per share. SK3 Group, Inc. ( OTCMKTS:SKTO ) went through an even bigger surge, moving 44% up by the closing bell and ending the day at $0.014 per share.
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