Monday, June 7, 2010

Today's pick is BKPG !!!

Bark Group, Inc. (BKPG)

http://www.thehotpennystocks.com/Stock-Quotes/?stock=BKPG

is a global advertising and communications company that's been running around the world gobbling up competitors left and right.

And the reason is easy to understand – those competing companies have clients with deep, deep pockets.

Point of fact: According to ZenithOptimedia, worldwide advertising and marketing spending will exceed $456 Billion this year!

http://www.boston.com/business/technology/articles/2010/04/08/forecaster_raises_2010_ad_spending_forecast/

And BKPG wants to grab as much of that money as it can – as fast as it can. And the fastest way to do it – is to buy companies that already have a lock on some of that money.

And it appears that traders are now taking notice of BKPG's successes -- again!

BKPG is springing off its bottom!

BKPG was a solid gainer for us TWICE last year, and the chart now says it could put money in our pockets again!

  • From a 52-week high of 75 cents, BKPG has fallen over 80%

  • The stock seems to have hit bottom at 5 cents and is springing aggressively off that level

  • The last 7 trading days has seen strong accumulation

  • Watch for upside volume to expand on a breakout above 10 cents

  • The MACD has "crossed-over" suggesting the weak bullish trend could become a strong bullish trend

  • The stochastics have bounced off of its oversold level to become overbought, but should run for a long time with the strong MACD trend

    http://www.barkgroup.com/

1 comment:

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