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Follow on Google News | Eko International (EKNL) Video Chart Feb 18 2012 - GotMomoStocks.comGotMomoStocks.com reviews the February 18th, 2012 stock chart and places a $2 price target on EKNL
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/ $$SHARE PRICE VALUATION$$ 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: $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 # # # 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. End
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