Exit Only, Inc. EXTO
GOIG opened up at .0014 on Wednesday, trading up to .002, or, 42.8% on the day before receding to .0011 just prior to the close. Another painfully shaky day in the US markets, though we are cautiously optimistic that such downtrending cannot be sustained indefinitely.
Not to mention the fact that down here on the penny markets, economic pressure tends to affect stock somewhat less than their upper-exchange counterparts. So there is still opportunity out there, still money to be made, as GOIG proved to us, prior to 3pm yesterday.
GOIG has a history of big runs, and the large volume that is still in this stock leads us to the notion that there are new buyers taking positions, and like us, waiting for a surge to ride straight to continued profits.
This stock has been our top pick this year, with one of the best looking charts we’ve ever seen:
EMXC held its support at .0019, as we mentioned we would like to see earlier on this week. The resistance point will be our previous high of .0024, and will wait to see a break past that level.
EXTO has been seeing a nice orderly consolidation after its previous run from .0025 to .0073. Earlier in the week it hit a low in the low .005’s whereas yesterday;s low was just .0058, so that’s a good, bullish sign.
We like stocks trading in a tight channel, as this is usually an indication of the next impending leg of upward trading.
GOIG is a new momentum play on our radar, and it turns out that this morning was an excellent time to bring it to you, as the company just released a statement outlining several key events that are set to occur in coming weeks, including the payout of dividends, the release of Quarterly figures, and a forthcoming shareholder conference call.
With all this activity coming up in the near future, in addition to the run that the chart has already begun, GOIG is looking like an intriguing option moving forward, and the storyline is only going to continue to be updated. The next few weeks are going to be chock full of developments so stay tuned.
This stock has a history of big runs. In January it ran to .008, and in 2010, over .04. If history were to repeat itself, we could be in for a wild ride.
NEW YORK, NY, Aug 10, 2011 (MARKETWIRE via COMTEX) — GOIP Global, Inc. (PINKSHEETS: GOIG) announced today that the spinoff of GOCOM Corporation (formerly Go800 LLC) has been completed with a record date of July 29, 2011.
Per the spin-off, shareholders of GOIP common stock will receive a dividend of one (1) share of common stock of GOCOM for each 625 shares of GOIP common stock (“Distribution Ratio”) owned as of the close of business on July 29, 2011 (the “Record Date”). No distribution will be made of one (1) share or less; instead, shareholders who would be entitled to receive one (1) share of GOCOM common stock or less will receive a cash payment of $3.00. The stock dividend is expected to be distributed by January 1, 2012.
All shareholders will be sent an Information Statement which will be posted on Pink Sheets on August 10, 2011. The Information Statement will address most questions shareholders may have
GOIP’s audited financials for the year ending September 30, 2010 and 2009 as well as the June 30, 2011 Quarterly Report will be posted on Pink Sheets the week of August 15.
On Thursday, August 25, the company’s CEO will have a shareholder’s conference call outlining the future plans for GOIP Global. More information about the conference call, time and number to follow.
EMXC held its support at .002 on Tuesday, trading sideways on average volume. EMXC has been one of our premier plays for all of 2011 thus far, and foresee a continuance of that overall trend.
This workhorse has made us so much profit already, that we are simply waiting for the next leg up that we are all but sure will arrive in a timely fashion.
Be sure not to forget about the other plays we have been tracking. They took a momentary back burner role, but we are still actively monitoring each play: