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Replies to post #1987 on Kun Peng International Ltd (KPEA)
10/09/13 8:58 AM
Today's Solid Bottom Bounce and Breakout Pick is: MLGT
Subject: Are we in for a rally?
Did you see MLGT's rock solid performance yesterday trading solid all day forming a awesome Bottom and Bounce? MLGT closed very strong yesterday up over 5% on the day and is poised for a breakout now technically so get ready today.. If you missed Friday's Mega Runner that posted a 400% move don't miss Todays Bottom Bounce Play MLGT. MLGT is oversold, has now bottom bounced and is ready to breakout technically from the .05 cent range. So far this week MLGT has rallied 8% from Friday's close and all technicals continue to point north.
MLGT technically looks like it could easily rally back to .10 cents short term which would be 100%+ move. Heck it has done this several times just recently and we feel MLGT is primed to to do it again .... Heck even a simple move back to .08 cents per share would represent a gain of roughly 60%. As you will see in the charts, last week MLGT experienced some unbelievably high pressure from some shorts which drove the stock down but folks...they will have to cover sooner or later.
Volume in MLGT has been north of incredible and this is only pointing to the fact that investors are more than bullish on calling the current level a new support low. From the get go we knew that MLGT would be a high volatility play, but the bullish momentum on this one is rising faster than anything we've seen. We draw this conclusion from the fact that MLGT held consistent ground during today's trading session in positive territory on remarkable volume of 2.7 million shares traded. Note: MLGT has average 10-day volume of 1.1 million.
Volume growth was 145% on Monday - building a new ground floor for us.
This volume reversal resembles once again a bounce play opportunity. (Just as we noted on Sunday and Monday) MLGT is sitting on an RSI of 39, showcasing a tremendously undervalued market valuation. More often than not you are bound to lose when you are merely chasing the trend. Now could be your chance to enter at a bottom bounce level and be a contrarian investor that buys on the dips when market valuation is insanely undervalued - that's how Warren Buffet does it.
Folks all along we have been talking about technical valuations....We haven't even touched on the most fundamental aspect of any stock...fundamentals. We've said this before and will continue to repeat ourself (like a broken record) - MLGT has been proving to investor's it's unbelievable growth potential with a number of breaking developments in the past month alone.
MLGT released breaking news Yesterday (Monday):
mLight Tech, Inc. Announces Aggressive Online Marketing Strategy to Increase Enrollment of Its Students at The Ding King Training Institute
COSTA MESA, CA--(Marketwired - Oct 7, 2013) - mLight Tech, Inc., a fully reporting Florida based corporation (OTCQB: MLGT), announced today its new online marketing strategy for The Ding King Training Institute which will include an aggressive organic and paid search optimization campaign across the Google AdWords platform, along with the re-design of www.PaintlessDentRepair.com
"Ding King websites have consistently ranked high in the organic search for all pertinent keywords relating to Paintless Dent Repair Training," comments Todd Sudeck, CEO of The Ding King Training Institute, Inc. "In conjunction with our already high visibility in the major search engines, we are initiating an aggressive pay per click campaign on Google which will place our website in the top page results. Additionally, we are continuing to optimize and redesign all of our business websites in an attempt to capture more leads with highly relevant content, which our customers will find to be informative and educational. It is our plan to convert the increased lead count into new participants to attend our State Licensed PDR School."
The Ding King Training Institute has signed a binding Letter of Intent to become a wholly owned subsidiary of mLight Tech, Inc., and we expect the financial audit to be completed shortly.
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Remember again folks.... this is the DING KING, almost everyone knows the product, but very few know about the stock ticker and that's "MLGT"... In case you forgot about the DING KING just simply Google it and you'll see how much is readily available on the World Wide Web about the DING KING. Or you can go to view MLGT to Acquire The Ding King Training Institute, famous for Infomercials Featuring Billy Mays to refresh your memory. Yes that is the FAMOUS Billy Mays pushing, marketing and promoting the DING KING so you know what that means don't you? Big Potential for Monster Revenue and numbers... Billy Mays is very famous for marketing and promoting products in order to get them to sell in GIANT numbers.. You can also visit www.dingking.com/
The Ding King Training Institute has signed a binding Letter of Intent to become a wholly owned subsidiary of mLight Tech, Inc. (MLGT), pending completion of a financial audit which is expected to be delivered anytime. The acquisition is expected to occur particularly since Todd Sudeck is the CEO of both companies. The Ding King Training Institute teaches Paintless Dent Repair and its PDR Tools are distributed on over 3,000 Snap-On Tool Trucks nationwide. Its do-it-yourself dent repair kit called Ding King was marketed on television and sold at major retailers across the United States.
We feel Wall Street has yet had the time to fully take into account MLGT’s $10 million+ announcement. MLGT announced in the release that it intends to begin airing its "Turning Dents Into Dollars" infomercial in January 2014. The infomercial will be produced by Take2Direct of Corona Del Mar, CA and will last 30 minutes. The company also just broke great news clearing up its float amount to be ONLY 24 MM shares which is very small..
Then there was the very good breaking news released late last week. The company announced the launch of Ding King's Retail Lead Referral Program, whereby consumers seeking Ding King's services are instantly connected to Ding King Certified Professionals in their hometown. This referral program is expected to ramp up sales as the demand for painless dent repair takes hold across the U.S...
MLGT - Announces Instant Potential Revenues from launch of http://www.CertifiedAutoPros.com
mLight Tech, Inc. Announces the Rollout of Ding King's Lead Referral Program Connecting Retail Customers With Certified Ding King Service Professionals Nationwide
MLGT is on a bottom bounce breakout path and we want full focus and attention ok members?
For more information on MLGT: http://www.otcmarkets.com/stock/MLGT/quote
In the meantime make sure to ADD US (info@exclusivestockpick.com) to your Email Contact List to make sure our Reports get sent directly to your Email INBOX in Real time and fast. Timing is everything in these markets.
Until Next time...
Happy Trading,
ExclusiveStockPick
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