RECENT WINNERS: YBTVQ: +4233% SCNG: +660% STHG: +1100% WSRA: +700% THE NEW WILD PICK IS...IFHR (Rhino Human Resources Inc.) Good Morning Fellow Traders, These are some of the reasons IFHR may breakout and be a mover today:
* TRIANGLE PATTERN BEGAN UPWARD BREAKOUT YESTERDAY * RECENT MOVES IN PRICE HAVE EXCEEDED 100% IN A SINGLE DAY * LOW FLOAT * MERGER NEWS LAST NIGHT AFTER THE CLOSING BELL CAN BE THE NAIL THAT DRIVES THE ABOVE FACTORS INTO ACTION! We bring your focus to IFHR and why it has recently caught our attention.
This is a low float, sub 0.10 ticker that has seen recent DAILY MOVES THAT EXCEED 100%, and is within a triangle pattern that showed the start of an upside breakout today, AND MOST IMPORTANT JUST RELEASED NEWS THAT IT IS READY TO START DISCUSSIONS WITH A SUITABLE MERGER CANDIDATE THAT WILL TAKE THE COMPANY TO THE NEXT LEVEL.
IFHR - Rhino Human Resources, Inc. is a next generation holding company aimed at dominating several industries and diversifying its holdings through acquisitions and revenue generating subsidiaries. The company currently runs Lone Staffing Inc. a wholly owned subsidiary in the staffing industry.
"Lone Staffing has a unique and explosive business model -- assisting companies in recruiting `commission only` employees and independent contractors. In today`s economy, self employment and non-salaried commissioned reps are literally saving companies from bankruptcy," offers Raymond Barton, Chairman, who adds that "traditional head hunters just cannot fulfill these types of requests because their systems base their fee on the monthly or annual salary of placed employees. It`s a niche that I believe will take Lone Staffing and Rhino Human Resources straight to the top." From a technical standpoint, IFHR has an attractive chart. Currently trading at 0.08, and a total float of only 7,496,780 its value stands at a mere $599,742! And it could be that very reason that a number of times in the last few months, price has risen OVER 100% IN A DAY since only miniscule interest among investors can shake the ticker upwards rapidly and that was WITHOUT the merger news! Even more attractive now is the fact that IFHR has formulated a triangle pattern. The triangle pattern has a line of support that slopes upwards and a line of resistance that slopes downward (see chart below). IFHR has built up this pattern over the last few couple of months, and only TODAY BROKE UPWARDS OUT OF ITS PATTERN.
Today`s merger news can help this breakout pattern as more investors now suddenly clamor into this company and its potential interest tomorrow could be highly invigorated.
Rhino Human Resources Ready For Next Step In Companys Growth Rhino Human Resources, Inc. (Pink: IFHR), Holbrook, New York, today announced that the company has risen from the proverbial quicksand that holds many small-cap companies from reaching past the reputation of a penny stock, and now is ready start discussions with a suitable merger candidate that will take the company to the next level. After posting its financial disclosures for 2010 and the first half of 2011 earlier this year, Rhino is now nearing the completion of preparing the 2011 Annual disclosure bringing the company current once and for all before the end of the month if all goes as planned. Continue reading here.
We can`t wait to see what happens with IFHR tomorrow and going forward as its pattern breakout shows itself and now that the rumor talks of the merger are confirmed. Make sure to keep IFHR on your trading screens tomorrow as all these facts coming together can have a real impact on its price.
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