Shell Plays are Hot again as the economy slowly recovers
OK~I'll be the first to admit I was wrong about TMTP being in strong hands, we had a whacker or two and they sold off some shares and droped the S/P. But I hold firm on my position on this one as a lotto play with better than average chances, here's why.
As the economy slowly recovers in China there is more and more news of Companys looking to go public, one of the cheapest ways is for them to hire a Mini Mar type company and buy a shell.
One such shell play filed a 10-Q Monday and shot up today over 55% on only 1 million shares, one IHUBER has been in contact with this Company and the China Companys aqusition/merger/buypout could be so huge it could see a BIG board up listing. This is a life changing event for the guys who locked down the float and are holding strong, and could send there portforlio's into orbit.
The amount of Shell plays coming to fruitation is increasing, and yesterdays news for one such company proves this. For me I'm gonna add to my position on TMTP until we can get the float locked and ride this one out.
Happy trails,
~Ace
