Here's a news release from a similar company:
Seems to be the same thing our company is doing, except the deal with Puerto Rico and are three months older! (The Companies have been X'd out to avoid hyping, anyone wanting to verify the original transmission check out futurestocks.)
Second News Release this week from XXXX Holding Corporation
Current Bid: $3.312 Current Offer: $3.375
At the close of the market today XXXX Holding Corporation (Ticker: XXXX) released its second news release for the week. On Tuesday XXXX reported that in the first 5 months of this year it had closed $81.0 million in loans, an increase of 62% from last year. Today, XXXX reported that it had appointed a new, seasoned management team for its Puerto Rico office. Since this new management team took over the Puerto Rico office, it has focused on a construction-financing program. As stated in the release, XXXX has approximately 600 new loans in the pipeline. This would represent $75.0 million in new closed loans for the Puerto Rico office alone.
Last week XXXX announced the expansion of its Connecticut office which has gone from $300,000 in closed loans per month to over $2.5 million in closed loans per month. With the expansion program, XXXX is projecting to close $6.0 to $7.0 million in closed loans per month for this single office. Currently XXXX is licensed in 16 states and has offices in New York, Illinois, Connecticut, Florida, Missouri, New Jersey, Arkansas, Ohio, Pennsylvania and the Commonwealth of Puerto Rico.
XXXX has been public for only 3 months. In addition, over the past 30 days, XXXX has traded as high as $7.00 per share and as low as $3.125 per share. Over the past month XXXX has traded solid volume. We feel that you could finally see a break-out of the stock to the upside. The Future Superstock has set a price target of $8.50 to $9.00 per share. As XXXX continues to post strong numbers we expect that our price targets will be met.
YYYYY, a company we brought you a while back, continues to hit new highs. Today, YYYYY (Ticker: YYYY) hit another new high at $33.875 per share. Over the past 12 months, YYYY has gone from $4.50 per share to its high today of $33.875, an increase of 652%. Labor Ready continues to open offices at a rapid pace. Over the past 12 months, YYYY has opened 166 offices. As stated in our initial profile of XXXX, we feel that YYYY and XXXX have several similar characteristics. Our hope is that XXXX's stock price will follow that of YYYY's stock price.
****************************************************************** June Stock Pick: XXXX Holding Corporation Ticker Symbol: XXXX June Price Range: High: $7.00 Low: $3.125 Stock Price: Bid: $3.312 Offer: $3.375 Target Stock Price based on earnings: $8.50 to $9.00 ******************************************************************
|