GAYLE ESSARY'S SWEB STOCK PROMOTION GETS RESULTS
ESSARY'S ROPE-A-DOPE FRAUD-U-NET STOCKGROUP PROMOTION CONTINUES
FOR FURTHER INFORMATION PLEASE VISIT
PAST RECOMMENDATION OF A $12, THEN $7.00, THEN $5 & THEN $1.50 PRICE TARGET
Message 21385341
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Stockgroup Gains 10.81% On 7X Volume / FinancialWire®
April 28, 2006 (FinancialWire) Stockgroup Info Systems (OTCBB: SWEB) gained 10.81% Thursday on volume of 470,052, which was more than seven times its average 60,325, to end the day at $0.41, a new 52-week closing high.
April 28, 2006 (FinancialWire) Stockgroup Info Systems (OTCBB: SWEB) gained 10.81% Thursday on volume of 470,052, which was more than seven times its average 60,325, to end the day at $0.41, a new 52-week closing high.
Stockgroup Information Systems is enrolled in Investrend Research’s unique and pioneering professional analyst program, which facilitates independent analysts to provide financial coverage for shareholders and investors in companies that otherwise would have little or no analyst following. Enrollment in standards-based research is an important measure of a company’s commitment to transparency and good governance.
On April 21, 2006, Investrend Research analyst Ryan Fuhrmann, CFA, reiterated his earlier “Buy” rating and target evaluation of $0.60, saying that the company’s visibility was improving and its business model initiated three years previous was succeeding. On November 21, 2005, Investrend Research provider Fundamental Research Corp analyst Brian Tang, CFA, published an update on the company, giving it a “Buy/3” rating and a fair value of C$0.85. On April 6, 2006, Tang issued an update report saying that the company’s increase in advertising revenues coupled with the growth in the FS&CS business enabled the company to record revenue growth for twelve consecutive quarters.
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At the time of enrollment fees for Benchmark coverage were $1,195 per month, and the fees were paid by the company for two years. The company has since paid $29,840 for Institutional research for its third year of coverage. In lieu of the normal fee of $25,000 per annum, SWEB has agreed to two years of analyst coverage in exchange for providing certain distribution services to FRC.
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