NEGSE: Full Throttle 85% Gains Today!!!
LevelStock.com Newsletters Mar, 14th 2011
Traders,
NEGSE is up 85% today to close at .0026!!! Congrats to all that picked up some shares this morning when I sent out my stock watch report last night. 2011 has started off well with our profiled companies, so lets keep the engines running NEGSE had a very nice day!
NEGSE Daily Chart
NEGSE had an impressive day pushing through the 50MA to close above it. The close above the 50MA is BULLISH. RSI is in an uptrend with a reading of 62.10
The RSI Indicator has a centerline at 50. The 50 centerline indicates a transition from a bear to a bull movement if it is rising and from a bull to a bear movement if it is falling.
NX Global, Inc. 2011 Highlights
* Plans for an IPO of subsidiary NUBE Inc.
* Plans to offer an Annual Dividend to Shareholders
* Plans to acquire or participate in Equity Positions, Joint Ventures, New Partnerships and Additional Acquisitions in our core business
* Growth of its subsidiary Applied Concepts for Energy Corp and the Alternative Energy industry overall
* Growth of the Board of Directors to Five
* Development of an Advisory Board
The company overall strategy is to bring value to the shareholders and an example of that would be the company spinout/IPO of NUBE and a dividend will be issued to all NEGS shareholders on a specified date. So NEGS shareholders would become shareholders of the new IPO.
Important reminder the company updated today that company filings are current and expect the “E” symbol to be removed in the next 2 days. Be on the lookout for this symbol change to be NEGS when the "E" drops.
Put NEGSE on top of your trade station watchlist for tomorrow. NEGSE engines are running BULLISH as of now!!!
Stay Tuned. Happy Trading !
LevelStock.com
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