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| Promoter: | Stock Shock and Awe | Paying Party: | UNKNOWN |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| CGAC | $2000 | UNKNOWN |
| Max Profit: 13.43 % | Gain at close: 0.00 % | |
| *We think that this promoter is a part of a group of promoters. | ||
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Code Green Apparel Corp (CGAC)
Subscribers, I hope you all had an enjoyable festive holiday. I took a couple weeks off to spend quality time with my family, something that is infinitely more important than the markets.
But now I'm back at work feeling refreshed, relaxed and ready to make money. Last night I did my first scan for some time and found a great momentum breakout play that is trading with very big volume. CGAC made an explosive move on Wednesday and today it consolidated. We think tomorrow CGAC could easily break out through its six month high and head towards its 52 week high. Check out this chart and you'll see what I'm loving about it... First, we have major volume. Then we have a breakout through its 50 and 100 day moving average (and it has held above this level).
We see its six month high of $0.05 as the first magnet / target. A break out through this level and its next target is its 52 week high of $0.08 - a 100%+ move from current levels. But don't just take my word for it, BarChart.com gives CGAC a five star green light also... check out their rating at http://www.barchart.com/quotes/stocks/CGAC
CGAC is a Pico Rivera, CA headquarted company engaged in the designing, manufacturing, distributing and selling apparel products from eco-friendly and sustainable textiles. It supports both the uniform needs and sustainability initiatives of companies worldwide, by offering a complete line of recycled apparel in the form of T-shirts, hats, polo shirts, pants, shorts, aprons, jackets and accessories. CGAC released some news today that is worth a read, and part of the reason why the stock is trading on such big volume... Code Green Apparel Corp. Enters into Letter Of Intent with Frisco Rivet LLC for Apparel Production & Development DALLAS, TX / ACCESSWIRE / January 7, 2016 / Code Green Apparel Corp. (CGAC) is pleased to announce that it has entered into a Letter of Intent with Frisco Rivet LLC, to develop and produce Women's and Men's Denim Apparel and related sportswear under the popularJacob Davis brand. Under this agreement, Code Green is also proud to announce that it will become the exclusive sourcing partner for all future Jacob Davis branded products. "This is both a significant and exciting opportunity for Code Green as this agreement solidifies our relationship with Frisco Rivet and the Jacob Davis brand. We will begin to ship product by the middle of this year and anticipate revenue growth as we move into the fourth quarter of 2016 and first quarter of 2017," said George J. Powell III, CEO of Code Green Apparel. Greg Judah, President of Frisco Rivet, added, "We are thrilled to be working with George and his professional team at Code Green Apparel. Combining our fashion perspective with the high quality denim product that Code Green will deliver is a winning formula for both companies." The heritage of the denim jean, as is commonly known, can be traced back to 1870, when as a tailor, Jacob Davis was asked to design a pair of work pants. He decided to reinforce the seams with a copper rivet and the "modern jean" was then born. Frisco Rivet is poised to leverage both that rich heritage and its new partnership with Code Green, as it continues to make a meaningful impact on the multi-billion dollar denim industry. You can read this PR in full at http://finance.yahoo.com/news/code-green-apparel-corp-enters-135800017.htmlContinue your research in CGAC now and be ready to ride the momentum to new 52 week highs tomorrow. Joe
www.StockShockandAwe.com
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