NEW PICK - FNLH - DD Posted :)
OTC: FNLH
We would now like to turn your attention to another sub penny play that we are reading a lot of discussions pouring in, with great public opinion and expectations for a MONSTER breakout tomorrow and this week!
A large awareness campaign is expected to jump in and provide huge exposure for the company. With only 50M in the float, FNLH is going to fly. With expected heavy volume coming in starting this week, FNLH is going to continue reaching new 52wk highs and this is just the beginning.
The security went very bearish in 2008 into 2009 with the harsh economic conditions at the time, as most stocks at the time did. Since the company is in the innovative arts sector it was drastically affected as people invest less and less in the arts as times get tougher and tougher but it is now clear that the stock has found its support at its bottom for all of last year and is now breaking out with tremendous buying pressure!
We have been watching FNLH after listening to the buzz going around about it on various forums and looked for a breakout. We have now noticed a breakout above the resistance of 0.0025 which the stock attempted to break above before. The sellers have been removed and with increasing buying pressure it is now breaking out! We feel this week will be HUGE for FNLH as the Level II is VERY thin and this thing can really move, with CLEAR SKIES all the way to the 0.08 range, where the security was trading at in 2008! That's a possible 1000%+. We have been searching for a 10 bagger for a while now and we feel that THIS IS IT!
Company INFO:
Fineline Holdings, Inc. engages in the creation and development of cartoon characters for licensing and merchandising to corporations. The company s products include cartoons and cartoon groups. It also maintains an e-commerce Internet signature store that sells FineLine branded apparel and products, including designer shirts, women Jersey tops and dresses, and T-shirts. As of September 30, 2004, the company had 147 trademarked and copyrighted cartoons. It markets its products in the United States, Canada, Mexico, Europe, Asia, and South America. The company was formed in 1988 as Fineline Properties, Inc. and changed its name to Fineline Properties.Com, Inc. in 1998. Further, the name was changed to Fineline Holdings, Inc. in January 2005. Fineline Holdings is based in Kent, Ohio.
