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BDGR: RedChip Visibility Initiates Research Coverage on Black Dragon Resource Companies, Inc. With Price Target of $4.00 Thursday March 16, 9:46 am ET
ORLANDO, FL--(MARKET WIRE)--Mar 16, 2006 -- RedChip Visibility, a division of RedChip Companies, announced today that it has initiated coverage on Black Dragon Resource Companies, Inc. (Other OTC:BDGR.PK - News). RedChip Research Analyst Patrick Murphy issued a 12-18 month price target of $4.00. Assuming there are no surprises in the audited statements, it is likely that the market will take a fresh look at BDGR's stock and the near and long-term growth prospects for the Company. We believe therefore that the stock is currently undervalued and has strong short-term and long-term upside potential.
For your free copy of this research report, click here (http://www.redchip.com/visibility/about.asp?page=requestBDGR).
About Black Dragon
Black Dragon Resource Companies, Inc. is noted for its domestic oil and gas assets located in the Caddo Pine Island region of Louisiana. The company has no exploration risk. Black Dragon's portfolio contains an ever-increasing number of producing wells.
About RedChip Visibility RedChip Visibility brings research on selected small-cap companies to analysts and portfolio managers, and provides small-cap companies access to both professional and individual small-cap investors by holding conferences throughout the United States and writing company sponsored research. For more information, visit http://www.redchip.com/visibility/featuredStocks.asp.
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RedChip Visibility Research Disclosure
The analysts contributing to this report do not hold any shares of BDGR. Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analysts writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. RedChip Companies, Inc. ("RedChip") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Additional information on the securities mentioned in this report is available upon request. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change. RedChip Companies Inc. is an affiliate of the Aurelius Consulting Group, Inc. Black Dragon Resource Companies, Inc. is a client of the Aurelius Consulting Group, Inc. and of RedChip Visibility, a division of RedChip Companies. BDGR paid RedChip Visibility $36,000 for the RedChip Visibility program, which includes this report.
RedChip Visibility/Aurelius Consulting Group Inc. Disclosures
RedChip Visibility, a division of RedChip Companies, Inc., and the Aurelius Consulting Group Inc. in a joint marketing agreement have been contracted by Black Dragon Resource Companies, Inc. to increase investor awareness of BDGR to the small-cap equity community. These services may include investor conferences and digital and print distribution of BDGR investor related materials. RedChip Visibility and the Aurelius Consulting Group Inc. will receive $15,000 per month for these services.
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going to pick up my kid. Hot Stock Free For All is HERE at All Stocks. But the over 10 cents thread.
Posts: 1632 | From: NJ | Registered: Nov 2005
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just bought some more BDGR..chart looks great and its $4 target is sweet, and its being talked about getting intrest on alot of boards plus the recent pr's are awsome..OIL AND GAS BABY!
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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BDGR..the "play of the day" for tommorow! $4 target. 7 times daily average...oil and gas..check out the chart..closed at HOD..check out there latest prs!!
its all there in black and white i see a gap of just $1 tommorow!
-------------------- please dont trade stocks on my alerts, do your dd first. Posts: 5265 | From: Alberta | Registered: Jan 2006
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BDGR had quite the pullback on Friday... np. A super opportunity to buy in. On March 16th, "RedChip Research Analyst Patrick Murphy issued a 12-18 month price target of $4.00... We believe therefore that the stock is currently undervalued and has strong short-term and long-term upside potential."Posts: 191 | From: Ontario, Canada | Registered: Mar 2006
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Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy 20-Day Average Volume - 435555
Medium Term Indicators 40 Day Commodity Channel Index Buy 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Buy 50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 370556
Long Term Indicators 60 Day Commodity Channel Index Buy 100 Day Moving Average vs Price Buy 50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 271088
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