This A.M. I’m bringing to your attention APII (Action Products International, Inc.) will be updating this article in the coming weeks as well.
APII has made monstrous moves from under .05 to well over .10. These levels have been sustained and the share price currently sits at .135. Recently, APII has announced a few new officers and looks to be overhauling their company. This could be a great time for new investors because the weeks ahead may bring good news concerning their future company. The CEO, Gary Polistena, says that “we expect to complete the total restructure during the fourth quarter and anticipate beginning our acquisition process shortly.” These acquisitions could be huge for revenue and business growth and any news of them could spike the share price.
Best of all, APII has a mere float of a little over 4 million shares, that’s something that tells me the company has plans on a much higher share price. There is not much resistance technically and APII is pretty much in blue sky breakout mode so just watch for where traders will start taking profits. Support appears to lie around .12 and .09.
Keep watch on the one roaches as I will be writing a follow-up shortly…