Exit Only, Inc. EXTO
As mentioned earlier this week, the MACD indicator was beginning to pinch, and that motion is continuing here as the chart prepares for a cross, at which time we should experience a noticeable uptrend.
That trend is already in the making as yesterday marked the first green session this week. We expect next week to be far more productive, however, as most of you have undoubtedly noticed, we are in this play for the long haul, as any price below a penny seems a distinct undervaluation.
DGHG is another good long-term play for us, and the following PR is another confirmation that the company is dedicated to building shareholder value. With big news like this, it is easy to view DGHG shares as undervalued.
ORLANDO, Fla., Sept. 27, 2011 /PRNewswire via COMTEX/ — The growing international holding company Diversified Global Holdings Group Inc. (OTCQB: DGHG) recently announced that DGHG’s commitment to exploring diverse opportunities for growth has resulted in a decision to dispose of its two electronic component businesses in the Russian Federation. Additionally, negotiations with Nikolay Uraev, one of the three original founders of the company, have resulted in his agreement to contribute to capital 11 million shares, which shares will be retired.
This announcement clarifies the expected amount of shares to be retransferred to the Company by departing Director Nikolay Uraev, the former owner of the Kontakt LLC subsidiary, which he is repurchasing for the 1,100,000 shares to be retransferred to the Company. Kontakt is one of DGHG’s two Russian electronic component subsidiaries.
With this agreement, approximately 12% of outstanding shares have thereby been positioned for the retransfer. Neither retained earnings nor cash flows will affected by the closing of this transaction, assuring a greater efficiency in the course of creating positive value for shareholders.
EMBA’s chart bears a big resemblance to EXTO in that the MACD is starting to pinch toward a cross. The stock ran from a low of .17 on Aug 17th, to a high of .775, a monstrous gain of 356% After retracing back to .36 it appears to have found a solid foundation, and a good jumping off point for those of us who are new to the stock.
eMamba is a leader in cloud-based software driven resource planning, and after-sales customer relationship management.