Published on Feb 5, 2013 9:26 pm
Last night we sent our special
Platinum Level Members a penny stock newsletter alert on CHLO (China Logistics Group, Inc.) well before the announcement was sent off to our free members mid-day today. Though the price closed up only 4.17% the results themselves were monstrous! Yesterday, CHLO saw just above 500,000 shares traded for the entire trading day, showing that there was a significant lack of awareness to the incredible strides that management has been making with the business internally. After alerting CHLO to our
Platinum Members to give them special advanced word about our interest in the company, we saw volume throughout the day increase more than 8 times to 4,380,737 shares. Another major aspect to take note of, is the fact that throughout 3/4 of the trading day, the stock saw significant gains. At its highest point today, our Platinum Members had seen gains of 39.2%, proving powerful testament to the strengths of paid membership to our services at pennystockdream.com.
CHLO continues to be a major contender due to its incredibly low float. Though the exact numbers for the float remain unknown, the last publicly filed number of outstanding shares was just 41,508,203 shares, suggesting that the float may be far lower. We would also like to remind everyone that CHLO continues to keep the investing public abreast of their internal workings, as they trade on the OTCNULL, showing themselves to be far more transparent than the average company that trades at these levels. Testament to their greater level of transparency was yesterdays filing of an 8k that can be seen in its entirety here:
http://biz.yahoo.com/e/130204/chlo8-k.html.
We are very excited to see what the rest of the week will bring for CHLO, as we continue to view it as a very powerful play for the week, as awareness continues to spread about what it brings to the table. We suspect that there may be more news coming in the relatively immediate future, due rumors surrounding the stock about coming news. Though we refrain from spreading rumors ourselves, we still feel that it would prove a wise decision for our
Penny Stock Dream Newsletter subscribers to continue to keep a close eye on this special play.
Pennystockdream.com and its employees are not registered as Investment Adviser’s in any jurisdiction whatsoever. We encourage all of those that are interested in trading penny stocks, or any other form of investment, to conduct their own research to garner a better understanding of what they are getting involved in. Be sure to read the full pennystockdream.com disclaimer at:Â
http://pennystockdream.com/disclaimer.
Read other articles →