 Xtremepicks.com: PPBL, FOFU – A solid start for a Mega Week!PPBL & FOFU started off the week in solid fashion posting gains and showing huge strength at support levels today. Our other recent feature winners DEGH (+4,500%), XYTS (+300%), and SGDH (+200%) showed similar patterns right before their mega break..
By: xtremepicks.com Feb. 28, 2011 - PRLog -- PPBL & FOFU started off the week in solid fashion posting gains and showing huge strength at support levels today. Our other recent feature winners DEGH (+4,500%), XYTS (+300%), and SGDH (+200%) showed similar patterns right before their mega breakouts.
PPBL closed at $0.034 up 6.25% and clearly shows a bounce off support levels of $0.03 with indicators turning positive. It’s not often we see a triple bottom support transformation which is one of the more bullish indicator and confidence that prices will return to an upward trend. PPBL technical trading today confirm just that – and all types of traders, short term and long term, will look at this as a significant buy indication. Combine this upward pressure with solid news, we have a mega breakout in the making. PPBL may be looking solid technically but fundamentally, this company looks even stronger. We continue to wait for an update on the recent news regarding the letter of Intent with Xi-an Johnson Pharmaceutical Ltd. Once confirmed, this will add significant value to PPBL’s bottom line and stock price. Expected to generate $4 million in profits for 2010 or close to $20 million in revenue. That’s a huge headline not many penny stocks can claim and once the LOI with Xi’an Johnson Pharmaceutical Ltd. is completed, PPBL will show it in bold letters! “Xi’an Johnson Pharmaceutical Ltd. is expected to generate $4 million in profits for 2010 or close to $20 million in revenue. We are currently completing our due diligence after a one week visit with the company in October and awaiting the audited financials for 2010 which are now being prepared. Due to the stringent filing requirements that fully reporting companies such as Premiere Publishing and Xi’an Johnson Pharmaceutical Ltd. would have, it requires nothing less than an SEC qualified audit for the reporting period of 2010 through the month of November.” Timing is crucial and jumping in for a position or accumulating at these level may prove to be a solid decision before we breakout – insiders are certainly loading up here, and we are definitely following their lead! About PPBL Premiere Acquisition Group, Inc is a wholly owned subsidiary of Premiere Publishing, Inc, a publicly traded company on the OTC-QB exchange as PPBL-OTC. Premiere Acquisition Group is currently in acquisition mode, nearing completion of our first acquisition, MyBoldTV.com. MyBoldTV.com features unique shows, such as “Who The Hell is Dan Bruder”, “Catch Me If You Can” and “The Claw.” Additionally, we are currently investigating more opportunities for acquisitions in North America, Europe and Asia. FOFU - ForceFuel FOFU, an extremely low floater play reminds us of a similar feature last month, XYTS (+300%) which also had a low float, yet not as low as FOFU. XYTS traded near the same level as FOFU and when solid news hit the wires XYTS just went crazy and tacked on a near triple gain in just a few days. XYTS jumped from $0.17 to $0.47 with 15 Million shares outstanding. Just imagine with FOFU’s 1.5 million shares (a 1/10 the size of XYTS) in the float, the potential gain on FOFU can be 10x greater! FOFU closed at $0.25 edging up another 4.17% from last weeks 100% gainer – short term resistance at $0.25 looks ready to fall and it’s clear skies for our near term target of $0.50 and long term target of $1.00. Sidelines investors are slowly taking notice – the trick is not to fall behind and start chasing FOFU, it will be extremely difficult to accumulate once we really bust out! FOFU’s well diversified plan is working extremely well in today’s economy, benefiting from higher oil prices yet protecting themselves through alternative energy resources – a win win for the company and a win win for us investors. With FOFU’s super thin float and increasing buying pressure building, this can breakout at any time and staying on the sidelines too long may be too late to get in at undervalued prices! About FOFU Force Fuels is on a mission to help power the nation through development of a diversified portfolio of regulated and standardized energy products including oil, natural gas, solar and wind. By applying proven business-building principles to the business of energy production, we are dual-focused on optimizing the value of domestic fossil fuel assets while also promoting interjection of renewable energy solutions into the power grids of America. Compensation: DISCLAIMER: Xtremepicks.com profiles are not a solicitation or recommendation to buy, sell or hold securities and is not offering securities for sale. Verify all claims and do your own due diligence. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. Xtremepicks continue to purchase PPBL & FOFU in the open market. Click here to view the full disclaimer # # # Xtremepicks.com team of excellence strives to find undervalued, good momentum stock plays. We provide financial and investor relations services for small to mid-cap stocks with weekly and special newsletters to keep you informed of the latest movers. End
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