I came across this stock a few days ago it was referred to me by a very wealthy friend from long Island NY. Sungold the holding company owns three very interesting subsidiaries with the potential for very high profit margins. Go to the link below and due you own DD. My main reason for building a large position in this stock in the first place is that the float is extremely tight they have 117 million shares outstanding but Wednesday the price moved up 2.2 cents on less than 120,000 volume ( never seen that before ) did some more digging and found out that it has been heavily shorted to the tune of 40 million shares from .60 cents to .12 cents I guess someone was banking on the company not making it especially with the CEO and founder dying, but after I spoke with the company rep and found out about how the company and management had restructured and the great fundamentals it has moving forward, I am very confident this stock is in for a massive short squeeze. Apparently the float is extremely tight due to the company completing a program that had all large shareholders take home delivery of their stock certificates over the last six months and the depository I was told is almost empty. The stock has not punched through the double digits since the beginning of December last year and the technical chart has formed a double top very close to that, when it breaks through which I was told it should today or Monday this stock will be on everyone's radar screen
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