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Follow on Google News |  It's Confirmed! EKNL New Price Target of $2!GotMomoStocks.com confirms a new target price of $2 for Eko International Corp (EKNL) as the oeBin acquisition is right around the corner.
By: GotMomoStocks Acquisition news on oeBin and Eko International is right around the corner. This acquisition has placed a value on the EKNL stock price at $1. Over 200K EKNL shares have been requested from DTC that can not be delivered! Keep in mind though that EKNL closed at $0.30, but this week we may see over $2.00 as the shorts failure to deliver will push prices sky high. EKNL reported to have only 153K shares in CEDE, with over 200K requested out! That's the actual number of shares available for trading! However, over 4 million shares were traded and sold short! http://www.otcmarkets.com/ Watch our Video on EKNL due diligence - extremely interesting! http://www.youtube.com/ Now shorts are in big trouble, they can't cover their 4M+ short position and they are stuck pushing up the price well beyond the predicted $2.00 mark We have confirmed with our Market Maker contact that the shorts are required to deliver the 4 million shares short back to DTC, but they can not!. Our Market Maker friend also confirmed that several shareholders have been requesting certificates amounting in excess of the available 153K in the DTC and have no way of delivering these certificates. The only solution here is to significantly increase share prices to over $2 per share. Trading at only $0.30, investors can make out large here and take one back from the shorts. EKO International (EKNL) also released an earth shaking press release confirming their acquisition of Oebin (http://www.oebin.com) News Release: http://finance.yahoo.com/ EKNL states that this year's sales will be in excess of $20 Million! If you have not grabbed a piece of this monster, there's only days left before prices will push over $2.00 and stand to gain over 1,000%! # # # 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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