Today's TBV, HDY, SIHI were Biggest AMEX Stocks Losers : by Penny Stock Pick Alert
Penny Stock Pick Alert reports that Tiens Biotech Group, Hyperdynamics Corporation and SinoHub were today Biggest AMEX Stocks Losers.
(EMAILWIRE.COM, November 17, 2009 ) Dallas, TX - Tiens Biotech Group (USA), Inc. (AMEX:TBV) declined 23.65% to end the day at $3.97 after the company on Nov, 13, 2009, announced financial results for the third quarter and nine months ended September 30, 2009. Net income for the third quarter of 2009 was $2.9 million, or $0.03 per share, compared to net income of $14.6 million, or $0.20 per share, for the third quarter of 2008. For the nine months ended September 30, 2009, revenue in China was $17.1 million, compared to $29.2 million for the nine months ended September 30, 2008 reflecting the aforementioned reduction in distributors' product demand in the third quarter.
Hyperdynamics Corporation (AMEX:HDY) plunged 6.96% to close the day at $1.07. The stock hit a 52-week range of $0.22 to $1.92 respectively. In the last six months the stock went up over 268%. Hyperdynamics Corporation is an oil and gas exploration and production company. The Company has certain contract rights for the exploration and exploitation of oil and gas in an approximately 80,000 square kilometer concession off the coast of the Republic of Guinea in West Africa.
SinoHub Inc (AMEX:SIHI) went down 14.58% to end the day at $4.10 after the company today reported continued revenue growth for the three months ended September 30, 2009. Net income year-to-date increased more than 57% to $8.7 million, or $0.34 per fully diluted share based on 25.5 million weighted average shares outstanding. This compares with net income of $5.5 million, or $0.28 per fully diluted share, based on 19.9 million weighted average shares outstanding, for the 2008 nine-month period.
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Hyperdynamics Corporation (AMEX:HDY) plunged 6.96% to close the day at $1.07. The stock hit a 52-week range of $0.22 to $1.92 respectively. In the last six months the stock went up over 268%. Hyperdynamics Corporation is an oil and gas exploration and production company. The Company has certain contract rights for the exploration and exploitation of oil and gas in an approximately 80,000 square kilometer concession off the coast of the Republic of Guinea in West Africa.
SinoHub Inc (AMEX:SIHI) went down 14.58% to end the day at $4.10 after the company today reported continued revenue growth for the three months ended September 30, 2009. Net income year-to-date increased more than 57% to $8.7 million, or $0.34 per fully diluted share based on 25.5 million weighted average shares outstanding. This compares with net income of $5.5 million, or $0.28 per fully diluted share, based on 19.9 million weighted average shares outstanding, for the 2008 nine-month period.
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Penny Stock Pick Alerts by PennyStockPickAlert.com. If you are planning to invest into Stock Market then you must subscribe to Free Stock Newsletter and Alerts. We are a leading stock web site that provides free stock alerts on hot penny stocks that are poised to make big gains. We also tracks small cap penny stocks that could be on the brink of a massive breakout
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PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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