Sino Payments, Inc. SNPY
SNPY raised a lot of eyebrows on Tuesday, as the stock began to heat up, pushing close to its 52-wk high just shy of .08. Our timing in entering the fray on SNPY seems like it might be just right.
What we have in SNPY, is as close to a technically-perfect chart as you’re going to find. Virtually every indicator is signaling a buy here, with the folks over at BARCHART.com giving SNPY an exceedingly rare Buy Rating of 100% across the board!
Sino Payments provides standalone ecommerce processing capability. Sino Payments’ proprietary IP transaction processing system (SinoPay GPP) converts processing systems from dial-up to a seamless IP transaction process, reducing credit and debit processing times at checkout. Sino Payments main focus is providing IP credit and debit card processing services in China and throughout Asia.
With the percentage of retail businesses in China without a credit processing agreement being anywhere from 60-80%, and Chinese retail spending on a dramatic rise, now is a great time to look at a company like Sino Payments, that can offer a way for us to profit from increased consumerism in the world’s most populous nation.
Diversified Global Holdings Group, Inc. DGHG
The last time we mentioned DGHG, we were hoping for a recovery back to the 1.00 level, and indeed the stock closed at a dollar yesterday. If you recall, the stock has been as low as the .70’s and as high as a 1.50 since we first took notice. There have been a few chances to profit off of this stock, and we feel that this level is a good one to begin looking to DGHG once again, especially in light of recent developments as outlined in the following PR.
ORLANDO, Fla., Jan 23, 2012 (GlobeNewswire via COMTEX) — Diversified Global Holdings Group Inc. (OTCBB:DGHG) announced today that its wholly owned subsidiary Technostroy has signed several new contracts for 2012. These contracts are expected to provide Technostroy with revenues of over $6.5 million dollars. The work will involve four well known Russian construction companies: “TAIF ST” Ltd., “Gorvodzelenkhoz” Ltd., “Modulstroy” Ltd. and “KamGesTeploeNergoStroy” Ltd. Technostroy’s responsibilities will include the construction of school facilities and a multi-level parking garage for the city of Kazan, the construction of storage facilities for Kazan’s international airport and concrete fabrication for Kazan’s 45,000 seat “Lily” Stadium. This stadium will be Kazan’s foremost sports facility hosting such prominent events as the XXVII World Summer Universidad 2013 Games and the 2018 FIFA World Cup. The stadium will also be the home to Russia’s Premier league football team FC Rubin.
Atrinsic, Inc. ATRN
Yesterday ATRN underwent a slight consolidation, as was to be expected following 500%+ in gains. If yesterday’s low of .0671 can hold as a level of support, the chances of ATRN to see added gains will continue to persist.