On Thursday we published a report on ACGX, and the stock traded its highest volume since the month of May (993131 shares traded).The stock was as low as a penny, and closed at .0145, for a really nice 45% intraday gain. On Friday the stock traded in a range between .012-.015, closing flat on the day at .0145. We like that it managed to maintain a higher low during Friday’s session, and while the volume was dwarfed by Thursday’s performance, the stock still traded more than twice the 3mo. average.
Per the recent lifting of the DTCC chill that had been placed on ACGX stock, we feel that it was a sign of strength, and a show of the efforts that are being made by the company to move in a positive direction.
At Friday’s market close, the current market value of ACGX is a mere $126,885, a figure that we feel represents an undervaluation of the stock.
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CGRA first appeared on our long-term watchlist on Friday, October 26th. Having been as low as .08, we witnessed a subsequent high of .13 this past Friday, for possible gains of 62.5% in the span of one week.What we feel is one of CGRA’s main selling points, is the recent addition of Jason Otteson to the company in an advisory and investment capacity, as outlined in the press release that hit the wires on the 26th (below). His involvement is a definite boon, as his appearance in “Gold Rush” exposed him to be a very savvy and resourceful individual. We think that his role should not be understated, as we were really impressed with what we’ve seen of his capabilities and business acumen.
SILVERDALE, Wash., Oct. 26, 2012 /PRNewswire via COMTEX/ — CGrowth Capital, Inc. (Pink Sheets: CGRA) is pleased to announce that Jason Otteson and Noble Mining, Inc. have joined the Company as a corporate advisor and investor.
The Company recently announced its transition into the mining and precious metals industry. The addition of Noble Mining, and the insight and contacts of Noble Mining’s Jason Otteson, is a big step forward in growing the business and executing on its business plan.
“We are extremely pleased with this addition to our team,” stated Bill Wright, CEO of CGrowth Capital, Inc. “We met several times with Noble Mining to make sure it was a good fit for both parties. Jason Otteson and the Noble Mining team are quality people with good business sense. We could not be happier about the outcome and believe the relationship will play a big part in accelerating our business plan and building shareholder value.”
Jason Otteson, who has been featured on Discovery Channel’s hit show Gold Rush for two seasons is the founder of Noble Mining, Inc. The 3rd Season of Gold Rush airs on Friday, October, 26th at 7:00 CST. Discovery’s Gold Rush is one of the top shows on TV.
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STL Marketing Group, Inc. STLK
October 22nd marked the first appearance of STLK in our newsletters. At the time we saw a massive run from a low of .006-.0249, representing gains of 315%
Since that surge, the stock has consolidated on reletively light volume. Friday’s low of .008 is close to where we began following it a couple of weeks ago.
There has been quite a bit of new information and filings beginning to appear from STLK, and we expect to see the stock upgraded to ‘current’ status on OTCMarkets.com any day now.
We would not be surprised to see another run out of this play when current status has once again been attained.
