Are Hemp Inc(OTCMKTS:HEMP), Blonder Tongue Labs, Inc.(NYSEMKT:BDR), and BSD Medical Corporation(NASDAQ:BSDM)Strong Day Trading Options?
New York, NY – GDP INSIDER – 11/20/2014.
This article discusses three companies: Hemp Inc(OTCMKTS:HEMP), Blonder Tongue Labs, Inc.(NYSEMKT:BDR), and BSD Medical Corporation(NASDAQ:BSDM)
Hemp Inc(OTCMKTS:HEMP)is a Nevada-based company that supplies services, products, and information related to the medical marijuana industry. Currently, Hemp Inc., which was previously used in a “pump-and-dump” scheme”, is designing a website to offer news and information on medical cannabis issues. The company, which has a market capitalization of $9.12 million, had a trading volume of 8.88 million yesterday. This figure, which is 13.25 million lower than Hemp Inc.’s three month average volume of 8.88 million, suggests that investor interest in the stock is waning.
Blonder Tongue Labs, Inc.(NYSEMKT:BDR)reported its third quarter financial results on Nov. 14th, 2014. The figures included a net sales mark of $8.659 million, a 26.9% increase from the $6.823 million figure recorded during the same period of the previous fiscal year. The stock traded within a range of $1.86 to $2.33 during the day, but finished at a closing price of $2.12 after an eight cent loss. While the trading day was certainly a disappointment for Blonder Tongue Labs, it also could have been substantially worse.
BSD Medical Corporation(NASDAQ:BSDM)also recently reported its financial results for the 2014 fiscal year. The figures included a total revenue of $5.3 million, which represents a $1.6 million increase from the $3.7 million mark recorded during the same period of the previous fiscal year. Additionally, BSD Medical also announced a net loss of $7.1 million. The company, which has a three month average volume of 83,521, has a market capitalization of $15.35 million and 39.69 million tradeable shares.
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