Just received an alert from Priceless Penny Stocks.
PricelessPennyStocks
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Today's Alert: ERBB
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Good evening readers and welcome new subscribers.
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After today's 30 cent profile closed up a healthy 6%, we wanted to follow up with something a littler "slimmer" right away. We think after you read what we have discovered, the right action to take will be a no-brainer. Read part one of our new sub penny report as to why this play deserves your utmost attention come tomorrow morning.
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Our new sub penny alert is:
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ERBB - ?Tranzbyte Corporation
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ERBB has numerous companies, divisions & affiliates under its umbrella but the one that catches our attention is Altitude Organic Medicine Corp.
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Altitude Organic Medicine was founded in Denver, CO in 2009. ?There goal is to provide clients the highest quality, affordable wellness services in the Medical Marijuana Industry. ?
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The medical marijuana industry is booming! ?Today, Cannabis has over 55,000 known uses from medicinal to industrial applications such as concrete, building materials, textiles, animal feed, fuel as well as a food which millions of people a day enjoy.
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The History of Hemp as an industrial and medicinal product dates to the beginning of recorded history. It has been estimated that marijuana in the United States alone is a $110B market and the medical market makes up nearly $1.7B.
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A bullish technical setup now appears firmly in place as the company has beginning to attract increased attention. ERBB is currently trading at .0062 (well under a penny) but has seen strong accumulation over the last few trading sessions.
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Earlier this year, ERBB ran from a low of .0027 to a high of .0193 for a 8-session gain of 615%. Tomorrow morning we'll share our annotated chart analyzing this run.
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ERBB operates out of Washington, Colorado and Arizona, and as you know Colorado and Washington voters passed an initiative to allow marijuana for recreational use. ?
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Since the election, medical marijuana company's have seen a great deal of interest from traders as the industry is currently estimated to be worth $1.7B, but is expected to?double?by 2015!
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We've covered what many refer to as "sin plays" in the past and have seen outstanding performance from many within this category. Products like alcohol, cigarettes, guns, and gaming have historically garnered a less than shining public image, but once you begin to research ERBB, you find out why we're reporting on it over any other company in this sector.
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ERBB truly fits within this 'sin-play' category, and looks incredibly attractive (to us) at well under a penny. As you know these sub-penny plays, while more volatile, have the potential to produce monster gains for traders when they begin to heat up.
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Stay tuned for the 'technical indicators' section of our report tomorrow morning, as the technical setup forming on ERBB looks incredibly bullish.
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You can visit the company's website?here.
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Begin your research on ERBB right away!?
