Buy Astika Holdings

In: Tips

23 Jun 2014

Hi Everybody,

If a stock trades at 7 cents because the company has no business, revenue, or profits, what will the price be after the market finds out they will do $32 million in revenue and almost $10 million in profits this year?

Our guess is a lot more than 7 cents.

Our alert for Monday:
Astika Holdings, Inc.
Symbol – ASKH
Last trade – 7 cents

Here is why we think ASKH is about to explode.

• Right now, ASKH is an unknown company with no revenue or earnings and because of that, their stock trades at 7 cents a share.

• 60 days ago ASKH announced they were finalizing an agreement and accelerating the audit process on their first acquisition Nantong Dredging Machinery Co, LTD.

• According to Mark Richards, the CEO for ASKH, Nantong Dredging has
Revenue of $31.91 million and net profit of $9.7M.

• Since then, there has been no press release stating the acquisition has been completed so the market continues to value ASKH as if the acquisition has not happened.

Here is why we think an announcement is coming any day.

• ASKH’s website http://nantongventures.com/ now has a Nantong Dredging page.

• Would ASKH have the Nantong Dredging information on their website if the acquisition was not complete? They could get sued by the SEC for that so we doubt it.

• There is an ASKH investor outreach campaign starting this week.

• Would ASKH bother with an investor outreach campaign if the acquisition was not complete? We doubt that too, what would be the point? They would still be a company with no revenue.

• Doesn’t it make sense that the reason the information is on the website, and there is an investor outreach campaign starting this week is because ASKH is ready to break the big news?

We think its only a matter of time before ASKH announces the completion of acquisition.

If you want to make some serious money in the stock, we’d jump on it before the announcement is out because once it is, we think the stock will trade a lot higher.

Free Stock TipsAs always, do your own research, don’t chase gaps, use limit orders to enter positions, always use stop loss orders to protect your position, and take profits when you are in a position to do so.

Good Trading

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