Reasons SGDH is a STRONG BUY [from Stock Twiter]
OVER 60% of yesterday's SGDH volume was SOLD SHORT!
Usually when shorts come in they typically look at stocks with increased investor interest & bet that the stock will eventually pull back without actually checking for any catalysts of why there is investor interest in the stock. What the shorts DON'T KNOW in this case is the reason investors are taking notice of SGDH is because of multiple future events that are upcoming as soon as Thursday with the revenue generating acquisition due to close. Could you imagine if the news hit & the shorts were forced to cover the 1.3M shares shorted today what would happen?
Recent shorts squeezes on picks we emailed you about included LYJN & FRHV. These 2 stocks were shorted by amateur shorts who didn't know why investor interest was taking the stocks higher. They basically sold short into the theory, "what goes up must eventually come back down". The result of their ill advised shorting we saw a +625% move in share price of LYJN & a +80% move in the price of FRHV & all our members should have profited handsomely.
Unlike LYJN & FRHV which had 50 million+ shares in their float, SGDH has a float of only 16,127,318 making shares harder to come by if these shorts had to cover.
If you missed our report from last night regarding why we like SGDH in the short term & reasons that could create a massive short squeeze like we saw in LYJN & FRHV please read below...
This company could become a continued momentum play for the rest of the week & here is why...
1. Real company, real products, & generating revenue.
2. $3M order due to be delivered by the end of April. (9 days left)
3. Pending Acquisition of EcoFriends which announced on March 23rd, YTD revenues were already $2M.
Expected to close April 22nd. (1 day left)
4. EcoFriends has distribution lines established with Sears which is a $13.28B company!
5. As of January 7th, 2010, the Float is only 16,127,318 shares!
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