posted
I feel it will go higher: SCOTTSDALE, Ariz., Jan 23, 2006 (BUSINESS WIRE) -- Patricia Ross-Gruden, President and CEO of eFoodSafety.com, Inc. (EFSF), announced today that eFoodSafety.com, Inc. has been selected by The KonLin Letter as the #1 Stock Pick for 2006. The KonLin Letter reiterates its "Strong Buy" recommendation of EFSF stock.
According to The KonLin Letter, eFoodSafety.com, Inc. has reorganized itself into a dynamo in less than a quarter, unlike any other low-priced stock followed in all of The KonLin Letter's history.
The KonLin Letter, a 25-year-old investment advisory newsletter noted for its fundamental and technical analysis of individual stocks and market movements, does not accept compensation for its analyses of selected companies. The report includes a review of the latest developments of the Company, the Company's market position and potential advantages, along with fundamentals and statistics.
Konrad Kuhn, publisher of The KonLin Letter, cited the following reasons for his 2006 recommendation on EFSF:
-- Avian Influenza formulation for hard and porous surfaces has completed testing with 100% efficacy, while the Avian Influenza ingestible formula will soon undergo human clinical trials on Influenza Virus strains A & B - the Bush Administration in November 2005 proposed a $7.1 Billion budget to combat Avian Influenza in 2006
-- Anthrax Sporicidal is 100% effective on eradicating Anthrax's surrogate organisms, Bacillus Subtilis and Clostridium Sporogenes, on hard and porous surfaces and is expected to receive EPA approval in 2006
-- Cinnergen(TM)'s Direct Response Marketing Campaign is performing well with a National TV campaign underway within a $132 billion diabetes market
-- Citroxin Cleaner was sold to aid and assist the clean-up in Louisiana, specifically to eradicate "black mold" in the Lake Charles, Louisiana area - EPA Registration on this product is anticipated shortly
-- Talsyn(TM) CI/bid Scar Cream's sales are at pace with the Company's initial expectations capturing a share of the $4 billion scar cream market
The KonLin Letter concurs with management that revenue growth should continue through the 3rd quarter ending January 31, 2006, while the 4th quarter ending April 30, 2006 should be when revenue growth begins to hit its stride
Posts: 889 | From: Corona, CA | Registered: Mar 2006
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posted
This month seems to reflect a trend higher.
Chart showing higher higher and higher lows.
I don't know if it will be a steady climb or big jump as this morning and hopefully the next couple of days, but it definitely looks like a trend higher.
Posts: 660 | From: Kansas | Registered: Mar 2005
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posted
profit taking and last of shorts, I believe redgurl. Level II: Bid Inside 3 size 150 at .40 Ask Inside 1 Size 50 at .40 thru .42 It's going to do well EOD, IMO
Posts: 889 | From: Corona, CA | Registered: Mar 2006
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posted
it was 20X normal volume this morning. I would imagine many of those are still holding. About 5 mil volume between .39 and .42 is what I figure.
It might rest so the mm's can collect some shares. Volume is still pretty good.
Posts: 660 | From: Kansas | Registered: Mar 2005
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posted
The last 400K were sold at the bid so mm's definitely collecting shares. May be day traders getting out when bid dropped.
Posts: 660 | From: Kansas | Registered: Mar 2005
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DO NOT GET RID of it until AT LEAST the A.M. tomorrow. You cannot afford to miss a gap up in the morning from people finding out about the stock tonight and in the morning. It would be absolutely foolish to sell before the A.M. tomorrow. You gotta give the stock as least a chance to make you money and the A.M. tomorrow will do just that IMO
Posts: 230 | From: Nashville, TN | Registered: Feb 2006
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quote:Originally posted by Leritu: Welcome aboard repo, at the very least, we'll see this run as more people find out... take the profits after tomorrow's A.M. gap up, and you got yourself a bunch of free shares
Good time to get in when this happens also. But I like it for long term. Not sure if I"ll take profit tomorrow, might just hang on, when this baby moves, it's going to move!
Posts: 889 | From: Corona, CA | Registered: Mar 2006
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posted
Yea, I think it's just plainly obvious to me that the MMs are collecting shares. I have been doing this for a while, and it's just readily apparent. ARCA and NITE trade shares forever at .415, run it up, sell down to create a dip, then trade shares, run it up, rinse repeat. That is how they collect. Once they have enough, they move it on up and secure a profit for themselves and you too if you hang in there.
Posts: 230 | From: Nashville, TN | Registered: Feb 2006
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posted
The trend has been up about a nickle per day, up .09 today. If the trend balances itself may be three days before .5. May run past that sooner but should see .5 as a stable price this week. Maybe today with a god run. Wednesday at the latest.
Its a good short hold and long hold.
I don't see it going below the .039.
Posts: 660 | From: Kansas | Registered: Mar 2005
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I think it is very expected we have a gap up tomorrow. I could absolutely see .65 tomorrow, heck, we could see .65 into the EOD run.
Posts: 230 | From: Nashville, TN | Registered: Feb 2006
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The KonLin Letter concurs with management that revenue growth should continue through the 3rd quarter ending January 31, 2006, while the 4th quarter ending April 30, 2006 should be when revenue growth begins to hit its stride --------------------------------------- I'm going to hold until after I see what the 4th Qtr brings....
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
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