Categorized | Stock Newsletters
MCGI – Explosive Wednesday / Update
Posted on 10 March 2010 by admin
Hello Investors!
Savvy MCGI investors played the dip and made out like fat rats!
MedCAREERS GROUP, Inc.
MCGI
Up 19.23% Today
MCGI opened at $1.30, took a dip to the day's low of $1.15, allowing a great opportunity to average down, then shot up to a high of $1.62...
MedCAREERS GROUP, Inc.
MCGI
Up 19.23% Today
MCGI opened at $1.30, took a dip to the day's low of $1.15, allowing a great opportunity to average down, then shot up to a high of $1.62...
This is a potential profit margin of over 40% in just a few hours, Wow!
This is why we say watch for the bounce. Tons of money can be made over and over in the same stock.
All in all, MCGI closed up today nearly 20%.
What would be the best possible circumstance for every investor in the world? Well, a stock that went up every single day or a stock that closed in the green every single day right?
Although MCGI had two days in the red, it ended up exploding today... it is just not logical for a stock to have a 365 day green run, although we are always hoping and dreaming for that day!
Although this is not logical, those who weren't able to get out at the huge high the other day were able to possibly secure some very nice profits today, and this makes us happy.
MCGI also dropped huge news yesterday at the market close, did you even notice?
MedCAREERS GROUP, Inc. Assumes Operating Control of WorkAbroad.com
ATLANTA, March 9 /PRNewswire-FirstCall/ -- MedCAREERS GROUP, Inc. (the "Company") (OTC Bulletin Board:MCGI.ob - News) today announced that it has made the initial payment under its letter of intent to acquire WorkAbroad.com. The formal closing of the transaction will occur upon the completion of the audit and execution of definitive agreements. The Company made this initial payment so that it could assume operating control of WorkAbroad.com this week rather than waiting for the formal closing since WorkAbroad.com is expected to be an integral part of the Company's online employment solution strategy.
Over the past 30 days, WorkAbroad.com has had in excess of 78,000 unique visitors, with in excess of 10,000 "clicks" for a "click through" rate of approximately 13%. Traditionally 79% of WorkAbroad.com's visitors have been from the Philippines. Also, currently, WorkAbroad.com is not indexed by search engines such as Google, Yahoo, or Bing so the Company believes that virtually all of the website's traffic is from visitors typing in the domain name directly into the browser. The Company intends to put WorkAbroad.com on a platform that will allow it to be indexed by search engines which is expected to cause the traffic to increase significantly.
Commenting on WorkAbroad.com, MedCAREERS Group CEO Bryan Crutchfield stated: "WorkAbroad.com is a perfect fit for our strategy to be a premier online employment solution for the healthcare industry. WorkAbroad.com attracts an extremely high percentage of Filipino visitors whom we suspect are largely nurses. The Philippines is a large supplier of the nurses internationally and an estimated 70% of the Filipino nursing graduates leave the country to work abroad. We plan to post both domestic and international opportunities for these nurses who wish to work abroad."
Mr. Crutchfield continued, "The number of H-1B visas currently available in the US is 65,000 annually. This category covers nurses and a host of other specialty areas unrelated to healthcare. The nursing shortage alone in the US is much higher than 65,000. So realistically, foreign nurse candidates need to look outside the US for employment opportunities. MedCAREERS Group intends to be there with both domestic and international opportunities for all nurses. Because there is a worldwide shortage of nurses and since WorkAbroad.com has developed such a loyal following out of the Philippines, we should have an advantage in helping to place these nurses through our services. Finding the nursing opportunity is relatively easy. Having the nurses as a loyal visitor to your web site is in our opinion the key to success in this area. This is why we feel acquiring WorkAbroad.com will be a great long-term asset to control within the MedCAREERS Group family.
http://finance.yahoo.com/news/MedCAREERS-GROUP-Inc-Assumes-prnews-4191478891.html?x=0&.v=1
Now that is rock solid news, more fuel for MCGI's rocket ship to the moon!
Also, remember when we warned you about the naked shorting that we believed was taking place and even supplied you with a link to Finra's site where you could view just how large this short was on a day to day basis?
Why did we come to this conclusion?
First off, there is only 2.3 million in the float, so how in the hell could anyone even find a borrow for shares let alone 550,835 of them? It's way bigger!
The Market Makers were naked shorting MCGI, which is down right disgusting behavior and should not be allowed. This is counterfeiting! How can you sell what you don't have?
Those 550,835 created resistance on the offer that should not legally be there!
http://regsho.finra.org/FORFshvol20100304.txt [Scroll on down and find MCGI (or do a Ctrl + F)]
Keep track of that because that in itself could create a monster if these dirt bags ever decide to cover!
Keep MCGI on your watch list as things could start to heat up big!
All in all, MCGI closed up today nearly 20%.
What would be the best possible circumstance for every investor in the world? Well, a stock that went up every single day or a stock that closed in the green every single day right?
Although MCGI had two days in the red, it ended up exploding today... it is just not logical for a stock to have a 365 day green run, although we are always hoping and dreaming for that day!
Although this is not logical, those who weren't able to get out at the huge high the other day were able to possibly secure some very nice profits today, and this makes us happy.
MCGI also dropped huge news yesterday at the market close, did you even notice?
MedCAREERS GROUP, Inc. Assumes Operating Control of WorkAbroad.com
ATLANTA, March 9 /PRNewswire-FirstCall/ -- MedCAREERS GROUP, Inc. (the "Company") (OTC Bulletin Board:MCGI.ob - News) today announced that it has made the initial payment under its letter of intent to acquire WorkAbroad.com. The formal closing of the transaction will occur upon the completion of the audit and execution of definitive agreements. The Company made this initial payment so that it could assume operating control of WorkAbroad.com this week rather than waiting for the formal closing since WorkAbroad.com is expected to be an integral part of the Company's online employment solution strategy.
Over the past 30 days, WorkAbroad.com has had in excess of 78,000 unique visitors, with in excess of 10,000 "clicks" for a "click through" rate of approximately 13%. Traditionally 79% of WorkAbroad.com's visitors have been from the Philippines. Also, currently, WorkAbroad.com is not indexed by search engines such as Google, Yahoo, or Bing so the Company believes that virtually all of the website's traffic is from visitors typing in the domain name directly into the browser. The Company intends to put WorkAbroad.com on a platform that will allow it to be indexed by search engines which is expected to cause the traffic to increase significantly.
Commenting on WorkAbroad.com, MedCAREERS Group CEO Bryan Crutchfield stated: "WorkAbroad.com is a perfect fit for our strategy to be a premier online employment solution for the healthcare industry. WorkAbroad.com attracts an extremely high percentage of Filipino visitors whom we suspect are largely nurses. The Philippines is a large supplier of the nurses internationally and an estimated 70% of the Filipino nursing graduates leave the country to work abroad. We plan to post both domestic and international opportunities for these nurses who wish to work abroad."
Mr. Crutchfield continued, "The number of H-1B visas currently available in the US is 65,000 annually. This category covers nurses and a host of other specialty areas unrelated to healthcare. The nursing shortage alone in the US is much higher than 65,000. So realistically, foreign nurse candidates need to look outside the US for employment opportunities. MedCAREERS Group intends to be there with both domestic and international opportunities for all nurses. Because there is a worldwide shortage of nurses and since WorkAbroad.com has developed such a loyal following out of the Philippines, we should have an advantage in helping to place these nurses through our services. Finding the nursing opportunity is relatively easy. Having the nurses as a loyal visitor to your web site is in our opinion the key to success in this area. This is why we feel acquiring WorkAbroad.com will be a great long-term asset to control within the MedCAREERS Group family.
http://finance.yahoo.com/news/MedCAREERS-GROUP-Inc-Assumes-prnews-4191478891.html?x=0&.v=1
Now that is rock solid news, more fuel for MCGI's rocket ship to the moon!
Also, remember when we warned you about the naked shorting that we believed was taking place and even supplied you with a link to Finra's site where you could view just how large this short was on a day to day basis?
Why did we come to this conclusion?
First off, there is only 2.3 million in the float, so how in the hell could anyone even find a borrow for shares let alone 550,835 of them? It's way bigger!
The Market Makers were naked shorting MCGI, which is down right disgusting behavior and should not be allowed. This is counterfeiting! How can you sell what you don't have?
Those 550,835 created resistance on the offer that should not legally be there!
http://regsho.finra.org/FORFshvol20100304.txt [Scroll on down and find MCGI (or do a Ctrl + F)]
Keep track of that because that in itself could create a monster if these dirt bags ever decide to cover!
Keep MCGI on your watch list as things could start to heat up big!
Sincerely,
Staff@TryPennyStocks.com
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.
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