ZMGD - Updated Analysis: Buy-signal in strong deve
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ZMGD - Updated Analysis: Buy-signal in strong development
Share Structure
Market Value $261,407 a/o Jun 27, 2012
Shares Outstanding 522,813,110 a/o Apr 17, 2012
Float 295,309,333 a/o Apr 18, 2012
Authorized Shares 2,888,000,000 a/o Jan 13, 2011
This is also supported by the latest recommendation through an Alert: fridaystips.com/?p=354
Scroll down to the Alerts regarding ZMGD:
ZMGD
Company releasing soft news on secondary news wires. Company paid State fees and is current. Next budgeted expense / task we are told is to subscribe to OTC Markets and file financials and legal opinion. Once it reaches a “Yield” status Company says will release news on major wires and start releases and updates on a timely basis. The accredited investors are asking for an unreasonable discount to fund this company. Company intends to grow out slow and organically.
Charttechnicak indicators are in compliance with that Alert. Preparation for the big breakout is still in work:
- Golden Cross happened at the beginning of June and still not reflected in the shareprice!
- Strong Support at MA-200 (.0003)
- Trying to break MA-50 on closure-basis (.0004)
- Bollinger Bands are now opening at a basis of 5, ready for the breakout!
channel (range: .0002 - .0005)
- MA-10 has NOW crossed MA-20 on pps-basis of 5 (Bullish Short-term trader-signal!)
- MACD has passed zero-baseline into the positiv-area today and generating a buy-signal!
- RSI: Optimal buying-area at 57.87%!
Supported by the expected news this should move up to .002$ in now time as the float is quit small!!!
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