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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.
* Note: to receive alerts on stocks like these enter
your email on the top of this page
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Contact:
Wall Street Newscast
Email: info@wallstreetnewscast.com
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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.
Disclaimer:
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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