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ANDI Continues its Run, While LBGE Ramps Up
By: staff reporter, John Bodger

Last Updated: October 21, 2011 - 12:25pm EST

(NEW YORK) --
Andiamo Corp (Pink:ANDI), a developer of mobile smart phone applications, continues its strong run above some key technical trend-lines, but LBGE may be ramping up as the next big trader play for the coming week.

We first profiled ANDI back at $0.002 when the company announced the release of 28 new mobile apps, and more specifically a platform for users to create their own mobile applications. Since then, ANDI has become a darling among the micro-cap traders, and has broken above some key technical trend-lines, such as their 200-day moving average. Ludlow Capital, a small cap equity research firm, had issued a $0.01+ price target on ANDI, and from the look of the chart that target may not be that far off with a break above the $0.005 price level today.

The next big trader play may be Creative Edge Nutrition, which is traded under the name Laufer Bridge Enterprises, Inc (Pink:LBGE). With a float of only around 10 to 15 million, LBGE has already been taken in by a number of active traders in the micro-cap community. 

The recent appointment of Keith Thomas, the founder of EST Nutrition (www.estnutrition.com), as the new CEO of LBGE may signal a possible merger between both companies, or at minimum the use of EST's sports nutrition global distribution. Mr. Thomas has a very strong name in the sports nutrition industry, and with him now at the helm you could expect to see some very well known sport figures become spokesmen for LBGE in the future.

Now traders await company name change, and kick-off to their national roll-out, and promotion in the sports industry. A break above their 200-day moving average, which is around $0.009, could see LBGE trade up to the $0.02 to $0.04 in the near-term.

ANDI was last traded today at $0.0054, and LBGE at $0.007 per share.


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Safe Harbor Statements:

This research report includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.

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This is NOT a solicitation to Buy or Sell any security, but rather is for informational purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. Wall Street Newscast ("WSNC") does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. WSNC, its affiliates, or directors, may or may not hold a position in the above security from time to time, and investors are encourage to consider this as a possible conflict of interest when reviewing this information. In Compliance with SEC Rule 17B Wall Street Newscast was not compensated by ANDI, but was compensated one million restricted shares by LBGE for this media alert. WSNC may hold positions in above securities from time to time, and thus should be considered a possible conflict of interest when reviewing this report and information. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial advisor before any and all investments.
 

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This website includes statements that may constitute forward-looking statements made pursuant to the safe harbor
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are subject to risks and uncertainties that could cause actual results to differ materially from those projected.