BUT WAIT THERE'S MORE...
Further DD revealed that although the outstanding shares are a measly little 191 million shares, most of that is held by the insiders the actual float is around 90 million shares!! This is a epic super low float breakout situation.
BUT WAIT THERE'S MORE...
Our DD on the expected PR was spot on here's a Tweet the companies official Twitter account sent out sunday afternoon.
James Boyd,
PRWeb accepted and approved your press release EEDG to Acquire Slice of Power Pizzeria Restaurants for distribution.
— Energy Edge Tech (@EnergyEdTechnol) April 27, 2014
The full PR will be available for our eyes to feast on Monday pre-market until then check out Power Pizzaria website http://www.powerpizzeria.com
Given the low float and Friday breakout I think we could be looking at a gap and run on monday of epic proportions! However as noted in the past post, I don't feel this is a long time hold at this point given the fact that there is a Reverse Split in the cards here awaiting approval from FINRA.
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OTHER LOW FLOAT SUB-PENNY STOCKS HOLDING BY SUPPORT LEVELS
My favorite stocks are sub-penny stocks with a relatively low float holding by support levels, it is a added plus if these companies are very active and have been releasing PR's and creating revenue the following tickers match all those criteria. Unfortunately it's not worth my time now to go through the charts and news and fundamentals but I feel with some patience these will all see a move in the coming weeks
- GBGM
- KABX
- ILST
- FGLD
- FRHV
- BONZ
I am also working on another possible "pick" I have some phone calls to make monday and if all checks out I hope to have a super low float pick for you guys tuesday.
Follow Twitter for more updates and as always do your Own DD this is all opinion not investment advice
