HC2 Holdings Inc. (OTCQB: HCHC) recently took a bold step in what some analysts believe to be the right direction.
The Herndon, Va.-based communications services provider’s stock volume soared Sept. 24, with 151,286 shares changing hands, substantially higher than its 30-day average volume of 98,189 shares.
The surge in volume is not surprising, considering the fledgling company just announced two days ago the acquisition of Bridgehouse Marine Limited, the parent holding company of Global Marine Systems Limited for an undisclosed amount.
Global Marine is a leading provider of engineering and underwater services, responding to the subsea cable installation, maintenance and burial requirements of its customers around the world. With a fleet of vessels and specialized subsea trenching and burial equipment, the company brings a 160 year history in deep and shallow water cable operations. The company's main operating offices are in Chelmsford, UK and Singapore.
Enhance International Services
The acquisition is a good fit for HCE Holdings and will enable it to increase its portfolio of international & domestic voice, wireless, Internet, VoIP, data, colocation & data center services to its customers, according to some industry analysts.
On Sept. 24, HCHC’s share price closed at $4.44, down 1 cent from its closing price of $4.45 the previous day.
Find out what could be the best investor’s move when it comes to HCHC by getting the complete report here or by cutting and pasting the following link in your Web browser:
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Iphone 6 Gives uSell.com’s Stock a Major Boost
In anticipation of a mounting surge of iphone-5 trade-in sales, uSell.com Inc.’s (OTCQB: USEL) share volume and value continued to soar just days after Apple introduced its iPhone 6.
The Menlo Park, Calif.-based online marketplace for used iPhones’ stock volume shot through the roof, with more than 105,193 shares changing hands, more than 4 times its 30-day average volume of 24,965 shares.
Undervalued Stock
At least one industry analyst believes that uSell’s business model will grow fast because of the constant improvements in smartphones and the growing number of younger people who want to have the latest technology right away.
Some think this makes uSell’s stock undervalued and also makes the company acquisition bait for a big player like eBay.
On Sept. 24, QTCQB’s share price closed at $3.09, up 19 cents, or 6.55% from its closing price of $2.90 the previous day.
Find out what could be the best investor’s move when it comes to USEL by getting the complete report here or by cutting and pasting the following link in your Web browser:
http://www.pennypickalerts.com
Liquidmetal Technologies’ Stock Value and Volume Flat
Liquidmetal Technologies Inc.’s (OTCQB: LQMT) share volume was flat Sept. 24, with just 1.4 million shares changing hands, less than one-half its 30-day average volume of 3.2 million shares.
Since there has virtually been no real news about The California-based alloy maker, other than the fact it is making a few presentations, it’s anybody’s guess as to what its near-term prospects might be. But we do know that its share value has experienced a downward trend since Sept. 4, when it reached a high of 28 cents a share.
Chalks Up another Quarterly Loss
True to form, Liquidmetal continues to lose money as it chalked up a $2.5 million loss, according to its latest 10Q SEC filing covering the quarter ending June 30.
On Sept. 24, LQMT’s share price closed at 20 cents, up 1 cent from its closing price of 19 cents the previous day.
Find out what could be the best investor’s move when it comes to LAQMT by getting the complete report here or by cutting and pasting the following link in your Web browser:
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American Premium Water Share Value Loses 12.82%
American Premium Water Corp.’s (OTCPink: HIPH) stock volume soared as it share value lost 12.82%.
On Sept. 24, the Del Ray, Fla. bottled-water company was one of the most active penny stocks, with 118,459 shares changing hands, more than 4 times it 30-day average volume of 31,716.
There is no news being reported about American Premium, nor has there been any press releases issued by the company since July.
Perhaps that release may give us a hint as to why the company’s stock value is faltering. On Jul. 3, American Premium announced that had “taken the largest step in company history, to increase individual shareholder value. The company has reduced its Authorized Share count dramatically! This reduction puts the total current authorized common share count at 10,400,000.”
Some industry analysts say that this action was a strong sign that company’s stock suffered from dilution.
On Sept. 24, HIPH’s share value closed at $2.04, down 30 cents, or 12.82%, from its closing price of $2.34 cents the previous day.
Find out what could be the best investor’s move when it comes to HIPH by getting the complete report here or by cutting and pasting the following link in your Web browser:
http://www.pennypickalerts.com
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