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SLMU (Salamon Group Inc)!! Please begin your research here: http://www.salamongroup. and http://finance.yahoo.com/q?s=
After much anticipation, we return with our newest Epic Pick: SLMU (Salamon Group Inc)! Currently trading at .042. What first struck us about SLMU was the fact that it is both a low floater (28m in the float), a fully reporting REAL company, and in negotiations to acquire a new company to diversify their company's reach and product. This makes SLMU a Reverse Merger play and an excellent opportunity to get in on the bottom before it is finalized! Please see SLMU's recent Press Release Regarding this Reverse Merger: http://finance.yahoo.com/news/ Salamon Group, Inc. Negotiates for Interest in U.S.-Based Solar Energy Company The second thing that struck us was the chart. Looks like SLMU has started to garner attention from their recent PR and accumulation has begun with a big move yesterday - smashing through the first resistance and creating a support level at .04. What also struck us was the recent MACD crossover into bullish divergence - an indicator we hold in high account. We have also breached the 200 day Moving Average today which is a concrete sign of a new bullish trend which our Stochastics indicator support! ABOUT SLMU Salamon Group, Inc. is a publicly traded company (OTCBB:SLMU - News) focused on developments in conventional and alternative energy technologies, including opportunities in oil and gas, geothermal, wind, and solar. The Company is committed to creating value for its shareholders by advancing its current businesses to profitability, while developing new opportunities internally and through joint-venture, and by acquiring technology rights or ownership with potential to increase their value in the marketplace. Company Products: http://www.salamongroup.com/ With this Reverse Merger in the pipeline, SLMU will likely be a great day trade and once the dust is settled, we will take a long position until the Reverse Merger is finalized. INOL was the talk of the market yesterday - lets make sure SLMU is the talk of the market for a very long time starting TODAY! Lets bring the momentum so everyone will know about SLMU! |
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