Trading View: Checking in on Shares of PharmChem Inc. (OTCMKTS:PCHM) – The Coin Guild

Shares of PharmChem Inc. (OTCMKTS:PCHM) have been in the headlines as its price reached $0.81 at the conclusion of the most trading day.  The stock is traded on OTC in the Medical sector and Medical – Outpatient and Home Healthcare industry.   

The mathematical calculation that represents the degree of change over time is known as “percentage change”.   In finance, it serves many purposes, and is often used to represent the price change of a commodity.

PharmChem Inc. (OTCMKTS:PCHM)’s Price Change % over the last week is -45.64%.  It’s % Price Change over the previous month is -15.63% and previous three months is [% Price Change (12 weeks)].  Finally, looking back over the past year-to-date, PharmChem Inc. (OTCMKTS:PCHM)’s Price Change % is -24.3%. 

Percentage change can be applied to any quantity that is measured over time any given time period.  Say you are tracking the price of a stock.  If the price increased, the formula [(New Price – Old Price)/Old Price] is applied and then take that number and multiply it by 100.  If the price of a stock decreased, the formula [(Old Price – New Price)/Old Price] is applied then multiplied by 100.  The formula can be used to track the prices of both individual commodities and large market listings, and also used to compare the values of different currencies.  Balance sheets with comparative financial statements often will include prices of specific stocks at different time periods alongside the percentage change over the same periods of time. 

Average Volume is the amount of securities traded in a day on average over a specific time period.  Trading activity relates to the liquidity of a security.  When average volume is high, the stock has high liquidity and can be therefore easily traded, while conversely, when the trading volume is low, the commodity will be less expensive as traders are not as willing to purchase it.  Average volume has an effect on the price of the security. PharmChem Inc. (OTCMKTS:PCHM) has seen 33920.9 shares trade hands on average. 

PharmChem Inc. (OTCMKTS:PCHM)’s 52-Week High-Low Range Price % is 19.05.  Countless factors affect a security’s price and, therefore, its range.  Macroeconomic factors such as interest rates and the economic cycle significantly impact the price of securities over lengthy periods of time.  A big recession, for example, can dramatically widen the price range equities as they plummet in price. 

Considering that price volatility is equivalent to risk, a commodity’s trading range is a great indicator of risk.  Conservative investors will gravitate towards securities with smaller price fluctuations as compared to securities with larger price swings, preferring to invest in relatively stable sectors such as health care, utilities, and telecommunications and avoiding high-beta sectors like commodities, technology, and financials.

A 52-week high/low is the highest and lowest share price that a stock has traded at during the previous year.  Investors and traders consider the 52-week high or low as a crucial factor in determining a given stock’s current value while also predicting future price movements.  When a commodity trades within its 52-week price range (the range that exists between the 52-week low and the 52-week high), investors usually show more interest as the price nears either the high or the low.

One of the more popular strategies used by traders is to buy when the price eclipses its 52-week high or to sell when the price drops below its 52-week low.  The rationale involved with this strategy says that if the price breaks out either above or below the 52-week range, there is momentum enough to continue the price fluctuation in a positive direction. PharmChem Inc. (OTCMKTS:PCHM)’s high over the last year was $1.49 while its low was $0.65.

Beta measures the volatility of a security in comparison to the market as a whole.  The tendency of a security’s returns is to respond to swings in the market.  For example, a beta of 1 means that the security’s price will move in lockstep with the market.  A beta of less than 1 indicates that the security will be less volatile relative to the market.  A beta of greater than 1 tells us that the security’s price will be more volatile than the market.  Beta is an expression of the tradeoff between maximizing return and minimizing risk. PharmChem Inc.’s Beta number is 2.69. 

Outstanding Shares refers to all stocks currently held by all shareholders, including blocks held by institutional and insider investors, of a given company.  Outstanding shares are shown on a company’s balance sheet as “Capital Stock.”  The number of shares outstanding is used to calculate key metrics such as a company’s earnings per share (EPS), cash flow per share (CFPS) and its market cap.  The number of outstanding shares is not static, as it can fluctuate greatly over time. PharmChem Inc. (OTCMKTS:PCHM)’s number of shares outstanding is 5.85m.

Individual investors consider penny stocks to be Wall Street’s Wild West, an untamed world of investing apart from all the media coverage and attention that comes with stocks that are traded on the major exchanges.  While the ups and downs can be pretty impressive within the penny stock world, they’re not often heard about on the outside.

Though you don’t often see coverage of penny stocks every day on CNBC, it doesn’t mean that penny stocks are without drama or interest.  Unfortunately, penny stocks have earned a reputation as a shady game filled with scams and corruption. 

If penny stocks aren’t traded on normal exchanges, where can one buy them?  Like any other stock you would buy, you can purchase shares of a penny stock through your normal stockbroker — regardless of whether or not it’s listed on a major exchange.

The cheap stocks listed on major markets like NYSE and NASDAQ aren’t typically considered “penny stocks” in the strictest sense, they can take on the characteristics of the benefits of penny stocks without as much risk.  The reason is that these exchanges have strict listing requirements, and though these stocks might not allow for as much of an upside as “true” penny stocks can, they are usually more reliable.  

True penny stocks can be found on the Over-the-Counter Bulletin Board OTCBB), which is a quotation.  As opposed to Pink Sheets, which is just a quotation publisher, OTCBB does maintain listing requirements (though they’re less strict than those of an exchange).  It’s for this reason that OTCBB has some added legitimacy.

Pink Sheets is a quotation system that provides information to investors on stocks that are registered with it.  Pink Sheets isn’t registered with the SEC and doesn’t enforce listing requirements, making them riskier.

Though penny stocks are riskier than regular stocks, it’s their volatility that makes them attractive to investors.  It’s not impossible for, say, a stock to jump from $0.05 to $5 in two weeks.  Though companies that successfully jump from penny stock to power stock are rare, the ones that do can make their investors wealthy.  The trick, of course, is finding the right stock.   

Companies that can successfully make the jump from penny stock to power stock are rare, but when you find them they pay out in spades. Numbers vary quite a bit in the penny stock world, but investors have raked in gains over 1,000% in a couple weeks’ time. The real trick is finding the right stock.

The SEC considers a penny stock to be any stock under $5.  Though there are sub $5 stocks trading on the big exchanges like NYSE and NASDAQ, most investors won’t think of these when describing a penny stock. 

Disclaimer:The information contained on this website and from any communication related to this website is for information purposes only.  The material on this website does not constitute advice and you should not rely on any material in this website to make (or refrain from making) any decision or take (or refrain from making) any action.


Zimbabwe Money Minister: Reviving Economy is ‘Huge’ Job

HARARE– Zimbabwe’s brand-new finance minister has actually explained his task of revitalizing the country’s moribund economic situation as very hard, however he is confident of success.

“It’s huge, it is Herculean. I am very energised as well as I am very as much as the job. I am starting now, however while doing so what I will certainly do is pay attention,” stated Financing Preacher Mthuli Ncube, a former chief economist and also vice head of state of the African Growth Bank.President Mnangagwa

(right)talk with Zimbabwe’s new Finance Priest Mthuli Ncube at the State House in Harare, Sept. 10, 2018. He spoke to VOA at the State House after being sworn into workplace Monday by

Head Of State Emmerson Mnangagwa.Nearby, 21-year-old Isaac Madyira is unemployed. He dropped out of school seven years ago after his also parents, also jobless, fell short to pay the costs. He currently offers cash, which has been in acute short supply for the previous two years in Zimbabwe. He claims he anticipates change from the brand-new Cupboard Mnangagwa took into office Monday.” What we desire is corruption to be do away with. We want development as rapidly as possible. I think [on]

the issue of loan, we require our own currency which is valued as contrasted to various other money, then bond notes must go [the last 2 words in Shona],”he said.An informal dealership counts bondnotes in Harare, Sept. 9, 2108, which were introduced in 2016 to address money scarcities in vain.Zimbabwe began publishing bond notes

concerning 2 years ago to alleviate cash money shortages. They were supposed to trade at par with the UNITED STATE dollar, however on the underground market

the notes deserve about fifty percent as much as a buck as well as cash shortages have not ended.Bank queues For close to 3 years now, Zimbabweans spend hours to days in financial institution queues as cash money lacks continue Harare, Sept. 10, 2018. Virtually as if Ncube had talked with Madyira, the new financing preacher claimed he

has to resolve the currency concern for Zimbabwe’s economic situation to return on course.”Bring back self-confidence in the economy, I make sure that international financiers want the Zimbabwean economic situation once again, “said Ncube.”I will certainly be rolling [out] a plan on the arrears clearance and the entire debt restructuring process

, coupled keeping that is developing credit lines around the world. Internally I make that on the expense side we live within or suggests or relocate in the direction of that. We need to enhance our tax collection systems. Eventually we require to have the Zimbabwe dollar that is steady, that people have confidence in. To have a domestic money, you require to develop gets.” Zimbabwe abandoned its useless dollar in 2009 and also has actually been utilizing the U.S. dollar, South African rand and also British sterling pound for trading.An economist for the Labor and Economic Growth Research Study Institute of Zimbabwe, Prosper Chitambara, says the Ncube is a good selection for

the job.” It is a great beginning. He is somebody that is legitimate, an expert. But what needs to be done is to begin real work,”he said.”To roll up his sleeves and start to implement vital monetary policies that will revive confidence right into the economic climate. Reining down on recurring expenditure. In general, what we require are monetary loan consolidation reforms that reduce considerably frequent federal government expenditure. “Kirsty Coventry, Africa’s the majority of decorated Olympian is now Zimbabwe’s minister of sports and also youths, Harare, Sept. 10, 2018. She states that the concern of sources will affect her job.Chitambara states Zimbabwe’s government invests a lot of its income on wages, leaving social services industries like education and learning and health in dire demand unless Western aid firms, like USAID, aid.

Chitambara states Ncube has to alter that if the country is to recover.High unemployment price– estimated to be above 85 percent has forced most Zimbabweans to rely on vending Harare, Sept. 10, 2018.


Despite Israeli financing preacher’s initiatives, housing market is shrinking

The Central Bureau of Statistics stated Monday that new-home purchases fell 22% in the initial fifty percent of the year to 10,150 devices. The speed was down much more dramatically from the first half of 2016, when 16,440 residences were purchased, as well as of 2015, with 16,590.

Additionally, the CBS numbers revealed that new-home buyers were increasingly buying in the facility of the country, instead of the Negev or the Galilee.

In the first half of this year, 21% of new houses that were acquired remained in the Tel Aviv area, up from 17% the same time a year earlier. For the Central District that number was 35%, up from 32% in the same duration in 2017. For Jerusalem it was 10%, up from 8%.

Nevertheless, the Northern Area (Galilee) made up only 6.5% of new-home purchases, below 8% a year ago, and also in the south (Negev) they dropped to 11% of the overall from 14%.

The choice of purchasers to purchase houses in the center of the country usually characterizes a realty market in dilemma. Professionals have actually identified the sensation as well as the decrease in acquisitions and also have actually been decreasing the pace of construction because the start of 2017.

The current numbers from the CBS for June 2018 showed that the variety of homes incomplete was just 23,640 systems, its cheapest since the CBS started accumulating the data 18 months ago.

Fad information from the CBS revealed that the stock of unsold houses has actually been declining at a price of 0.6% a month since last October after rising the first 9 months of 2017 by 0.3% a month.

Kahlon has liquid chalked up some success on housing rates, which he has actually made leading concern because he took workplace three years ago, by imposing tax obligations on home investors as well as the Mahir Lemishtaken (purchaser’s cost) program that sells land at a discount rate to specialists, that pass the cost savings on the customers.

Nevertheless, the price of month-on-month costs declines has dissipated and in May, the last month for which there are numbers available, rates revealed no modification in all. For the year with May, they were down by simply 0.1%. For new houses– the sector regarded as responding faster to market advancements– costs climbed 0.9%

Meanwhile, the current numbers for home construction starts show a 22% decrease to 43,350 systems in the 12 months via last March.

The figure on decreasing real estate stock and begins, nonetheless, will likely to exert higher stress on costs going forward.

On the other hand, repeated requests by TheMarker to the treasury as well as to the Building And Construction and Housing Ministry for numbers on the number of houses really occupied by buyers in the Mahir Lemishtaken program reveals just how little an impact the program is having on the marketplace.

Of 55,000 houses that have actually been marketed with the program over the last 3 years, keys to just 1,000 have actually been delivered to purchasers since today. Offered construction times, that’s not an unexpected figures– if all of the houses that were built under the program at its beginning in 2015 had been finished as well as supplied in a timely manner, the number would have had to do with 3,300.

Nevertheless, the treasury’s primary economic expert said in a report that novice buyers (young pairs) were opting not to sign up with the Mahir Lemishtaken lottery games as well as counting on the private market because of the long preparation in between buying and obtaining ownership of a home.


Purchase thyself: 3 methods to spend cash that will certainly make you better

Where do you spend your loan? Besides expenses and other adult obligations, where do you discover yourself dropping dollars on the regular?I, as well, have actually been guilty. I’ve grumbled regarding just how much money I don’t have and also, in the very same breath, phoned a homie to go spend a lot at the bar or budget for iTunes as well as Netflix. For as long as we claim we desire our desires ahead true, just how much is that represented in our spending power?The ordinary household spends an average of $3,008 per year on eating in restaurants according to the Bureau of Labor Stats reports and Harvard Business Testimonial scientist Eddie Yoon located that only 10 percent of customers proclaimed a love of cooking.What that suggests is that we’re not nearly as broke

as we claim to be; we just do not purchase the right things. Eating practices are simply one instance of edges we can cut to be affordable as well as shows how, despite what we say, all of us unquestionably have sources that can be spent more efficiently.I have actually seen people carry out miracles to obtain the most popular footwear out as well as sell their soul to attend a show, but will not spend for a coding class or save as much as obtain a better operating camera.The reality of the issue is that we merely do not purchase ourselves sufficient. There is sufficient possibility to better ourselves and also in ways that are monetarily inconsequential.Taking time to grow our presents as well as abilities is an obligation that much too many people do not take seriously enough. Exactly how else do we become our finest selves?You can also go as far to claim that purchasing self is a form a self-care; and exactly how can we anticipate others to deal with us– in any kind of capillary– if we do not care for ourselves?Investing in yourself generates the very best return. Below are some examples of just how easy it is.Invest in your health A lot of times when people think about the health club, narcissistic meatheads, CrossFit fans and also other extremes come to mind, but in truth, it can additionally be for those who merely desire

to maintain.Every day, there are thousands that purchase their marijuana behavior over a gym subscription or in their weekend flick routine over a diet strategy or their

closet over self-educating. If even more of us simply put some hard money towards our bodies, not just will we fulfill those body objectives that have constantly seemed evasive, but it would clear our heads as well as make us far better operating humans.Our health

is as crucial as our vices, our craving for sweets and our love for fashion.Invest in your profession Creatives that don’t invest in themselves are creatives that do not believe in their craft.Whether you’re a musician, visuals artist

, writer, event organizer and so on, there are means to improve and also update your craft. Yet, every day you see a musician whine about what they don’t have as opposed to making ways to obtain it.As a creative, leisure money needs to be art loan– they are just one of the same.You can not cry concerning the challenge of working 8 hours a day as well as only having time to


develop on the weekend break while

simultaneously not putting the profits toward that claimed dream.Investing in our careers as well as desires is as easy as

making a regular commitment as well as slowly functioning towards that objective. The MacBook you’ve always wanted may be a little expensive up front, yet not if you refrain from night life for a season.That brand-new camera might appear unreasonable, yet surely it’s worth not looking fly.Invest in a brand-new ability In some way, we have actually been encouraged that education and learning quits when we obtain

our degrees as if an official education and learning is the only location we can gather details or the only place worth investing loan for expertise. Nonetheless, this could not be further from the truth.As long as you live, there is going to be something to be learned. Technology, trends as well as the state of culture modifications from generation to generation– there actually isn’t any room to be content with what we have actually discovered or to be stationary in our understanding.From coding to video clip modifying, if we were to purchase information and skillsets

, we would certainly not only broaden our understanding but we ‘d be making ourselves more marketable. It’s everything about putting ourselves in

the mind structure of self-improvement, and also it’s relatively affordable. Often times we look at where we’re not as well as where we intend to go and also what we want to complete and also we feel stuck, however there’s so much we can do in where we presently are.There are always methods to improve and grow, it’s simply an issue of exercising our cash in order to do so. When we invest in ourselves, we’re never mosting likely to lose.


Couple Who Raised Money for Homeless Vet Ordered to Hand Over Funds

Last year, Johnny Bobbitt’s whole world changed after a simple good deed led to a massive fundraiser, with thousands of people donating more than $400,000 to rescue the man from homelessness in Philadelphia.

Less than a year later, the veteran is back on the streets after, he alleges, the couple who launched the fundraiser have refused to turn over to him the full balance raised on his behalf, according to reports. Now, a judge has ordered Katelyn McClure, 28, and her 39-year-old boyfriend Mark D’Amico to return the rest of the money after Bobbitt sued the pair for fraud.

“The money was raised for Johnny Bobbitt and Johnny Bobbitt has not a dollar in his pocket and he’s homeless,” Bobbitt’s attorney, Jacqueline Promislo, tells PEOPLE.

Bobbitt, originally from Raleigh, North Carolina, first met McClure last October, when her car ran out of gas on Interstate 95 in Philadelphia. Bobbitt famously spent his last $20 to buy gas for McClure. Moved by his kindness, she and D’Amico, set up a GoFundMe page to help Bobbitt get back on his feet. More than 14,000 donated a total of $402,706 to the man.

“I think it might have been good intentions in the beginning, but with that amount of money, I think it became greed,” Bobbitt, 35, claimed to the just days before he and his legal team filed a lawsuit on Tuesday in New Jersey’s Superior Court in Mount Holly.

Kate McClure (left) and Mark D’Amico

Gofundme

On Thursday, Burlington County Judge Paula Dow ordered the couple to hand over the remainder of the money to Bobbitt’s attorneys’ law firm by Friday, and has granted a restraining order to prohibit McClure and D’Amico from spending any of the money, Promislo confirms to PEOPLE.

In the complaint obtained by PEOPLE, Bobbitt accused the couple of fraud and conspiracy, alleging that the couple spent most of the funds on vacations to Las Vegas, Florida, and California, along with a helicopter ride over the Grand Canyon and a new BMW for McClure, of Bordentown, New Jersey.

“I wish it didn’t come to this. I hate that it came to this,” Bobbitt told WPVI after Thursday’s hearing. “I always felt like I was in a weird situation. I didn’t want to be pressuring to get a lawyer or do anything because I didn’t want to seem ungrateful.”

An attorney for McClure and D’Amico declined to comment.

Johnny Bobbitt

David Swanson /The Philadelphia Inquirer/AP

The couple wrote on the GoFundMe page last year that the $402,706 would be put into a pair of trusts in Bobbitt’s name and he would have both a lawyer and financial planner. They added that Bobbitt would own his own home and finally have his dream car, a 1999 Ford Ranger. However, Bobbitt told the Inquirer that he lived in a camper up until June and the SUV the couple bought for him broke down.

The couple told the Inquirer that they had spent or given Bobbitt more than half the money — through food, clothing, a hotel stay, the camper, SUV and more — but were withholding the almost $200,000 balance.

The couple’s attorney, Ernest Badway, told ABC News that McClure and D’Amico set up meetings with financial advisers and attorneys for Bobbitt but he “never showed up.” They allegedly put the camper and vehicle in their names under Bobbitt’s request, Badway explained, adding that the couple even drove the man back and forth to rehab centers.

Johnny Bobbitt

David Swanson /The Philadelphia Inquirer/AP

Judge Dow acknowledged that it has not been proven that the couple misused Bobbitt’s money, but determined that it would cause him “immediate” or “irreparable harm” if he does not have access to the money.

“The balance of relative hardships clearly and convincingly favors plaintiff at this time,” Dow said, according to ABC. “The harm to the defendants here is relatively minor.”

The couple previously disputed Bobbitt’s claims, telling the Inquirer that their relationship with the man began to sour when he allegedly spent the $25,000 they gave him in less than two weeks. They claimed Bobbitt stole from them and alleged he sold some of their possessions to buy drugs. Bobbitt, who has since failed two rehab attempts, denied the allegations.

Bobbitt admitted to quickly spending the $25,000 but said he gave money to family and friends and spent only some of it on drugs.

D’Amico, who admitted to spending $500 but said he quickly replaced the funds, told the Inquirer that giving the money to a recovering drug addict would be like “giving him a loaded gun.”

“Giving him all that money, it’s never going to happen. I’ll burn it in front of him,” he told the publication ahead of Thursday’s decision.

McClure and D’Amico spoke about the incident this week on , claiming that they went above and beyond to track down the man’s birth certificate and get him identification. D’Amico said Bobbitt told them he didn’t want a house, but dreamed of living off the land in a travel trailer in Alaska.

“He was our family. He is our family. I still think, to this day, that he is our family,” McClure told Kelly. McClure spoke through tears as she claimed the couple’s been receiving death threats.

“It’s so hard to deal with because these people are getting one side of the story,” she said. “Receiving death threats, and threats to burn my house down and threats against my family and everything like that is so hard to deal with when we know that we did a good thing. I still believe that we did a good thing and I would do it all over again. I would do it all over again for him.”