ONGO -- On The Go Healthcare Gains 24.25% On 8X Volume
(financialwire.net via COMTEX) -- October 3, 2006 (FinancialWire) On The Go Healthcare (OTCBB: ONGO) gained 24.24% Monday on volume of 47,267, which was more than eight times its average 5,673, to end the day at $2.05.
On the Go Healthcare was rated "Outperform" on March 23, 2005, with a price target of $4.68 by former Investrend Research affiliate Beacon Equity Research.
Beacon Equity Research, LLC is a fee-based, comprehensive investment research firm, focusing primarily on the underserved small-cap sector. Beacon Research does not have any investment banking relationships with any of the companies covered. All analysts are compensated prior to performing their investment research and are not compensated in any way based on the future performance of the equities they follow.
Investrend Research subscribes to the "Standards for Independent Research Providers" at firstresearchconsortium.com and adheres to the guidelines for independent providers jointly endorsed by the National Investor Relations Institute (http://www.niri.org) and the CFA Institute (http://www.cfainstitute.org)
Beacon was being compensated $18,000 for a year's coverage.
The Dow Jones Newswires has stated that independent research has been growing in credibility over the past 18 months, specifically citing Investrend Research, and the New York Times has reported a survey by Charles Schwab & Co. reveals an astonishing 78 percent of active stockholders now "value research from independent firms over analysis by Wall Street firms with financial ties to the companies they are rating." A survey at Investopedia reveals that 74.7% of investors say that "legitimate fee-based research is objective and useful," and 70.9% say that a company that enrolls for "legitimate fee-based research is making a positive statement about its investment potential."
All independent sponsored research distributed by Investrend Research Syndicate are enrolled for investor-monitoring by the Shareholders Research Alliance at shareholdersresearch.com.
Complete information about any company enrolled in an Investrend shareholder empowerment platform, including those of its affiliates and independent analysts and webcasters, including disclosures and disclaimers, is available at the company's InvestorPower page at investrend.com and on each report and press release, and investors are advised to read those disclosures carefully before trading in the equities of any enrolled company.
For up-to-the-minute news, features and links click on financialwire.net
FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation from any company for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on investrend.com
For a free annual report on a company mentioned in the news, please click on investrend.ar.wilink.com
To become an investor monitor of independent research for a company in which you are invested, go to the not-for-profit Shareholders Research Alliance, Inc. website by clicking on shareholdersresearch.com
. |
