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OBN Holdings Inc (OBNI) RSS Feed

Followers
2
Posters
10
Posts (Today)
0
Posts (Total)
21
Created
08/28/06
Type
Free
Moderators
OBN Holdings Inc (OBNH) - A Rising Star in the entertainment industry OBNH is a company which, based on recent news I feel is headed towards a much higher stock price and the potential gains to be made are huge. OBNH typically makes revenues in the thousands. On Aug 22nd they stated in a PR (link pasted below) that they are expecting [b] Revenues of $2million from a new international venture (and more as additional sites are added) That's a huge jump in revenue, and thus overall value of the company. Even better in a press release in June (link pasted below) CEO stated that "Shareholders should find the returns from the series to be significant." Wow, what a confident, solid statement from the leader of an emerging company ! Thus OBNH is transforming from a young struggling company to an active business with some real serious business and income And how are investors taking this? I think today's action (Aug 28th) was evident proof of how investors are welcoming OBNH's news: After steadily increasing volume and price last week, today the stock started a serious ride, the volume surpassed 200,000 even though regular volume is much lower and the intra-day high was $0.51. The market seems to have noticed OBNH and the stock is alive. So that was today, Aug 28, 2006. What's in the future? Well with only a few thousand in revenue, the company's stock was trading in the $0.10 - $0.20 range in the market. As the revenue comes in and possibly good news (which in my opinion is very likely the company's stock price should only increase from these levels My personal long term price target on this baby is $1.00 Today was only the beginning, there is much more to come on OBNH GO OBNH !!!!!!!!!!!!!!! Once again this is all just my opinion, do some DD before making any trading decisions. Don't rely on me or what I say to make any trading decisions, I am merely a researcher !! DD Links:(Will add more as time goes on) www.obnholdings.com http://finance.yahoo.com/q/is?s=obnh.ob http://biz.yahoo.com/bw/060627/20060627005197.html?.v=1 http://biz.yahoo.com/bw/060822/20060822005132.html?.v=1 SEC Filings: http://www.pinksheets.com/quote/filings.jsp?symbol=OBNH
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