Tuesday, June 10, 2008 3:45:06 PM
Now I know why they were deleted!!!
http://www.flushaway.com/news/pdf/070505.pdf
Reflecting this fact, the company’s stock chart
has a pretty nice look to it. It’s a smooth looking
rounded bottom chart formation with
good, primary support at the $C0.20 level.
Resistance comes in around just below the 30-
cent mark. A five-to-ten-cent gain should be
easy. A volume breakout above $C0.30 could
have the stock up by as much as another 20
cents.
Longer term, the potential looks much greater.
The fem-hy market alone is worth billions
annually, and distributors feel Flushaways
could quite easily surpass a five per cent market
share. Any way you look at it, that kind of scenario
Any way you look at it, that kind of scenario
will reward investors.
Beyond fem-hy, Ecoprogress will foreseeably
enter other markets, notably adult incontinence,
a growing segment that lacks any real
competition characterized by existing brand
recognition and/or customer loyalty—so it’s a
pretty open field. There’s also the disposable
diapers market, as well as a number of products
applications of PVA not much discussed by
Ecoprogress at this time.
All things being equal, shareholders ought to
be pleased with the way things have been
going at Ecoprogress this year, and if the company
continues to succeed, they’ll have a lot
more to be happy about this time next year.
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