Reviews

2014 Review of Online Brokers
Investors Business Daily
Top 20 Baby Boomer Sites
«  
  »
Bookmark and Share

Micro-Cap on the Move; PSM Holdings Inc.

By Warren Paige

PSM Holdings Inc. (OTC: PSMH), a company engaged in the businesses of mortgage banking and mortgage brokerage, has seen a sharp rise in its shares in trading today.

PSMH shares are currently trading 5.13% higher at $0.820 on above average volume of 48,300.

PSM Holdings shares are climbing after the company announced its third quarter financial results. For the quarter ended March 31, 2012, PSMH reported total revenue of $3.55 million, representing an increase of 373% over the same period in the previous year.

The increase in revenue was due to the net increase of five acquisitions in operations. Ron Hanna, CEO of PSM Holdings, said that PSMH continues to be highly encouraged with its ongoing progress as evidenced by its revenue generation and growth in loan originations. Hanna said that as PSMH’s revenue generation continues to growth through last year’s strategic acquisitions, the company has also recently completed structuring itself by merging PSMI and UCMC.

 

May 21st, 2012 | Tags: | Category: Hot MicroCaps

Enter your email address and receive this feed daily:

Delivered daily by FeedBurner

------------------------------------------------------------------------------------------------------------------------
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.

No comments


Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


-------------------------------------------------------------------------------------------------------------------------
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.