Third Bench Inc (THBD)

[sweet crude]

Ludlow Research Upgrades NECA on CFPB Deregulation

Updated: Feb. 08, 2017

Ludlow Research Upgrades NECA as Deregulator Appointed to Head of CFPB

(NEW YORK)–New America Energy Corp. (OTCMKTS: NECA), through its wholly owned subsidiary Title King, LLC, received upgrade as Trump administration moves forward with financial deregulation.

On Feb. 08, 2017, the acting chairman of the Federal Trade Commission (FTC) named Thomas Pahl, a lawyer and prominent advocate of deregulation, to lead the agency’s Consumer Financial Protection Bureau (CFPB).

This move stays in step with Trump Administrations goal of financial deregulation, and should provide a bullish catalyst for the title loan and pawn industry going forward.

With new regulatory fears now being reduced stocks that operate in the consumer loan arena, such as NECA, could see a bullish bounce based on this removal of risk.

Based on this, Ludlow Research, a small cap equity research firm based out of New York City, upgraded NECA on their watch list based on the removal of new regulatory risks, and current chart technicals on their chart, with "speculative" target of $0.003+ per share.

http://www.wallstreetnewscast.com/neca/