Godfather Media, Inc. ENKG
ENKG sent up some serious alert flags this morning. The stock is coming off a recent bottom, and the recovery is providing one heck of an opportunity for momentum trading.
The company announced a shift in gears this morning. While the symbol remains the same, the company’s name and focus will now be changing.
MISSION VIEJO, CA, Oct 18, 2011 (MARKETWIRE via COMTEX) — Energy King, Inc. (PINKSHEETS: ENKG) Board of Directors is pleased to announce that it has changed its name to Godfather Media, Inc. and the ticker symbol will not be changed at this time.
Energy King, Inc. CEO Michael Cummings stated, “The Company’s Board of Directors, as well as the Majority Shareholder believes that the Name Change is in the Company’s best interest and is intended to more accurately reflect the Company’s operations and interests. At present, the Company is no longer engaged in the HVAC business but in the mobile and social media industry. We also launched a new website at www.godfathermedia.net which explains our focus in more detail.”
Raystream Inc. RAYS
Just a quick update on the current situation with RAYS. The stock touched a new high of 1.74, bringing our overall gains since alerting at 1.34 up to 30%, and it doesn’t seem as if the ride is over yet.
Another positive press release from Raystream could send the stock hurtling even further upward.