{"id":523,"date":"2012-06-25T22:01:00","date_gmt":"2012-06-26T02:01:00","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=523"},"modified":"2012-06-25T22:01:00","modified_gmt":"2012-06-26T02:01:00","slug":"capital-financial-global-keeps-falling-while-volume-stays-up-cfgx","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/capital-financial-global-keeps-falling-while-volume-stays-up-cfgx-523","title":{"rendered":"Capital Financial Global Keeps Falling While Volume Stays Up (CFGX)"},"content":{"rendered":"<p>Capital Financial Global (OTC: CFGX) fell a dismal 20% to a share price of $0.0040 in today\u2019s trading session in over-the-counter market, continuing it\u2019s less than attractive performance this year. \u00a0Trading volume remained up at 1.25 million shares, bypassing its average of 633,681.<\/p>\n<p>With today\u2019s decline, Capital Financial Global has a total loss of 60% since New Year\u2019s Day.<\/p>\n<p>Investors may see bounce-back potential in Capital Financial Global since the stock has been trading at historical lows recently.<\/p>\n<p>The volume accumulation may also be linked to the company\u2019s recent headlines:<\/p>\n<ul>\n<li>June 20<sup>th<\/sup>, 2012, Capital Financial Global announced that it had formed a <a href=\"http:\/\/finance.yahoo.com\/news\/capital-financial-global-announces-formation-210400266.html\">small hard money lending syndicate<\/a> to fund smaller transactions that do not meet current minimum size limitations.<\/li>\n<li>June 19<sup>th<\/sup>, 2012, Capital Financial Global released <a href=\"http:\/\/finance.yahoo.com\/news\/capital-financial-global-releases-updated-234500536.html\">updated figures for its Insurance Lending unit.<\/a>\u00a0 As of today, there is $16.4 million dollars of loans in process which corresponds to approximately $328,000 in estimated revenue for the company.<\/li>\n<li>June 13<sup>th<\/sup>, 2012, Capital Financial Global announced it had <a href=\"http:\/\/finance.yahoo.com\/news\/capital-financial-global-engages-ibk-110000014.html\">engaged Toronto based investment banking firm IBK Capital Corp<\/a> to raise up to $3 million in a private placement for units and warrants in its distressed St. Louis Mine.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.capfiglobal.com\/\">Capital Financial Global<\/a> is a specialty finance company that provides asset-backed financing and loan advisory services to insurance trusts and pension funds, owners of commercial real estate, owners of residential real estate portfolios, and owners of mining and precious metals assets.<\/p>\n<p>Unlike traditional banking models, Capital Financial Global helps organizations obtain needed liquidity by using an asset-backed approach rather than a traditional credit approach to originating new loans, buying and selling existing loans, and converting distressed collateral into cash or tradable form.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capital Financial Global (OTC: CFGX) fell a dismal 20% to a share price of $0.0040 in today\u2019s trading session in over-the-counter market, continuing it\u2019s less [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[105],"stock_ticker":[],"class_list":["post-523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-small-cap-stock-news","tag-cfgx","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Capital Financial Global Keeps Falling While Volume Stays Up (CFGX) - Wall 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