Shares of Penny Stock Hasco Medical Inc. (HASC) are falling in Mid-Day Trading Today
Shares of Hasco Medical Inc. (OTC: HASC), a company engaged in the rental and sale of home medical equipment and home healthcare supplies in Alabama, Florida, and Mississippi, are trading down in the mid-day session today. So far, the penny stock of Hasco Medical is 18.50% lower losing all and more of its Thursday’s gain.
The penny stock of Hasco Medical ended the day Thursday 17.65% higher at $0.0200, with volume up from daily average of 81,478 to 20.61 million.
Last month, Hasco Medical provided a corporate update. Hasco CEO Hal Compton, Jr., said in a letter addressed to the company’s shareholders that 2011 was a record sales year for the company and its subsidiaries. Compton said that the company grew in 2011 with four major acquisitions. The acquisitions boosted the company’s sales from $2 million in 2010 to more than $14 million in 2011.
Compton said that going forward the company plans to continue to provide the best possible service to its customers and fulfill their needs whether it be for durable medical equipment, adaptive driving equipment or wheelchair accessible vans for purchase or rental.
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Posted by Matt Prior
on Friday, February 17th, 2012. Filed under Internet, Stocks.
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