Matt_Chart - Favorite Technical Analysis Charts

[PSY]

we are initiating coverage of SMA Alliance (OTCPK – SMAA). Earlier this month, SMA acquired Cars.net, a major industry site that lists inventory from nearly 14,000 dealers and boasts nearly 5 million monthly unique visitors. This deal, plus the signing of a letter of intent with a large automotive manufacturer for nationwide Internet marketing placement services could place it near the top of the automotive e-marketing platform food chain. Plus, the pending IPO of industry player AutoTrader should have a favorable impact on SMA as well. Our target is $1.50.