Eko International (EKNL) Video Chart Feb 18 2012 - GotMomoStocks.com

GotMomoStocks.com reviews the February 18th, 2012 stock chart and places a $2 price target on EKNL
 
Feb. 19, 2012 - PRLog -- There is no doubt in our minds that Eko International (EKNL) will be deemed the best penny stock of the year.

These prices will be realized because of the following pending situations and rare circumstances:

  --- oeBin acquisition news is around the corner giving the stock price a value of $1
  --- A short squeeze is imminent as the price continues to rise
  --- Naked short sellers will be forced to cover over 4 million shares from numerous failures to deliver
  --- With our members pulling out more than 200,000 shares in certificate form, the shorts know they're in huge trouble.
  --- No dilution or insider selling
  --- Investors are holding and not day trading, facilitating a smooth ride higher
  --- An extremely thin level 2

http://www.youtube.com/watch?v=d2qH18BKlMw



$$SHARE PRICE VALUATION$$

Math time. Please keep in mind that my valuation is quite conservative, but lays out the foundation of the potential price per share.

Revenue: $20,000,000

Conservative Profit Estimate: 15% or $3,000,000

Shares Outstanding: 29,756,809

$3,000,000/29,756,809 shares outstanding = .1008 per share

0.10 per share (Without earnings multiplier 10X)

Conservative 10X earnings multiplier

0.10 X 10 (earnings multiplier) = $1.00 per share

Now this is solely calculated from the FIRST acquisition. Can you imagine the price per share when the second acquisition is finalized? An easy price target of $2

GotMomoStocks.com alerted EKNL at .07 and at $1.00 per share that is a whopping 1328.57%!

To obtain more updates on Eko International Corp (EKNL) go to http://GotMomoStocks.com

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We target stocks that we believe have potential and excel in their field. Along with meticulous due diligence, stock chart analysis, level 2 monitoring, and several scanning techniques, we sort out all of the bad apples to provide you with true gems.
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Page Updated Last on: Feb 19, 2012
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