DrazCanna Inc (DZCA)

[PennysharkNYC]

SIBE upgraded to .40, woo hoo!

Did anyone else see this? Im still pretty new to penny stocks and was wondering if anyone on here could help me out with this stuff. Hope can bare with me since all new to me, but opened an account and seems like alot of smart people here so open to opinions. Does this mean they think stock could trade for .40 a share? Bought some at .10 cause i have a friend who is a teacher and told me technology was changing how she teaches her students and then i remembered this stock. Does anyone know how high this stock could go?

Thanks for any input you can provide for this newbie :)


SIBE Alerted for Potential Run to $0.40 Based on Education Merger
Last Updated: Nov. 20, 2013 - 12:00pm EST

(NEW YORK) -- Sibling Group Holdings, Inc. (OTCQB: SIBE), whose business strategy focuses on the development and acquisition of today's educational management services and technology, was reiterated with a $0.40 to $0.50 target based on education merger, and low market cap valuation.

Ludlow Research has alerted SIBE as their next potential trade based on valuation and technical analysis.

The firm recently alerted on Elray Gaming (ELRA) a month or so ago around $0.02 per share. Since that alert ELRA has seen a dramatic increase in both price and volume based on their Bitcoin developments, and SIBE could be positioned to make a similar move. SIBE was first alerted in late Oct. at around $0.04, and since then the stock has risen to just above $0.10 in consolidation mode.

With just 21 million outstanding, public float of just 4 million, and more important no debentures or dilution, Ludlow alerted that SIBE may offer an excellent trade opportunity for value traders at these levels.

SIBE Highlights

- To Acquire Blendedschools.net
- 11 Years of Operation, Strong Education Courses
- ClassChatter App Users Surpass 200,000
- Additional Education Apps Pending Fall 2013
- 22 Million Shares Outstanding, Low Float
- No Debentures or Dilution
- Price Target $0.40+ ($10 Million Valuation)

Price Target $0.40

As of September 30, 2013, there were approximately 22 million common shares issued and outstanding, giving the stock a current market cap of just above $2 million. Based on their pending acquisition of Blendedschools.net, their ClassChatter app now surpassing 300,000 users, new educational apps expected this fall, and their low market valuation, Ludlow Research has raised its ‘short-term’ target to $0.40 to $0.50 per share, or $10 million market cap based on low float.

Got the story from http://www.wallstreetnewscast.com/profile/sibe.html