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Our Wednesday Play Is…
Premier Holding Corp. (symbol: PRHL)
Good Evening,
Deregulated power doesn’t get talked about much by investors, but it should. This is an energy sector that has grown by around $30 billion annually since the push to decentralize US power distribution started in the 1990s.
Our newest trade idea fits perfectly into this growth paradigm and we believe that it offers a unique opportunity for near-term gains.
Since bursting onto the deregulated power scene three years ago, PRHL has made a significant contribution, garnering around 200,000 residential contracts. These contracts could be worth as much as $80 million.
Now PRHL is gearing up for the launch of a Sales Referral Network after running a successful pilot with Lacy Construction, a Southern California-based general contractor with over 35 years of service under its belt.
That underlying news profile is driving interest from investors and right now PRHL is poised for potentially solid upward movement. In fact, recent volatility levels suggests that investors might be in the midst of mounting another round of interest in a company that is still largely accessible for near term day and swing trades – valuation is hovering around 6 cents at the time of writing.
In any case, PRHL is poised so make sure you conduct your research early and strike at the earliest opportunity.
Website: http://prhlcorp.com/
Technicals
Chart: http://stockcharts.com/h-sc/ui?s=PRHL
PRHL has added +52% to lower valuations since May 2016 and is poised to continue its bullish run.
PRHL is trading with a RSI of around 46. The sub-50 RSI is a bullish sign that upside potential is readily available.
PRHL is also trading below its 50 DMA – currently around .070. This offers in the near term, upside of around 16%.
PRHL breached the 10-cent psychological barrier on June 01 and the current chart shows a bullish formation taking shape. Could there be another massive breakout on the table? It’s a strong possibility given recent momentum.
PRHL is poised for potentially breakout top-line revenue having just successfully completed a pilot run of its new Sales Referral Network.
PRHL Reports Impending Launch of Referral Network for Energy Efficiency Experts Citing Lacy Construction Success
PRHL recently announced that its subsidiary Energy Efficiency Experts (E3) has entered the implementation phase of its Sales Referral Network with the successful pilot program with Lacy Construction among others.
“Lacy Construction is renowned in Southern California for believing in maintaining a culture of high expectations. They establish close personal and business relationships, while being flexible and responsive. Much of their business comes from repeat customers, which is evidence that they stand behind their commitment to provide quality service and enhance their client's experience. Their employees and sub-contractor team understand the importance of timely completion, quality work, and safe operations. Lacy Construction's safety record is one of the best in the industry. They require the same level of client support from their suppliers. This is why they chose E3,” said the release
Premier Holding Corp. Successfully Launches Power Ambassador as Part of Its Internet-Based Energy Services Portal (ESP) to Support Referral and Affiliate Marketing
PRHL said in its most recent news release has received overwhelmingly positive responses to its previously announced expansion of its unique internet-based Energy Services Portal, ESP. This expansion, dubbed "Power Ambassador" makes it extremely easy for a referral agent or any affiliate marketing entity to sell deregulated power over the internet.
Developed under a partnership with J. Joseph, Inc., The Power Ambassador makes it extremely intuitive for independent agents to sign up and promote deregulated power on social media such as Facebook, Twitter, Google+, LinkedIn, email, etc. Their referral is seamlessly directed to a special page on The Power Company's web site where they can easily view their options and select their desired plan. The sale will then be validated, compliance confirmed, and the transaction completed in mere minutes. The agent has complete visibility and a personal dashboard to monitor their sales results.
US Deregulated Power Market Growing At An Alarming Rate
Although the retail power markets started to deregulate in 1978, the tiny state of Rhode Island was the first state to offer retail choice in 1997. The REP market has since quietly amassed scale as 15 states have joined the cause with much of the activity in the past five years.
Texas proved to be a chief contributor to the success of the REP market when, in 2002, the state implemented a bill for retail competition for all customers served by investor-owned utilities. Furthermore, the Public Utility Commission of Texas approved new deregulation rules in 2004 and 2010, bringing the Texas market to $35 billion in competitive sales.
Over just the past ten years, the existing U.S. market for competitive electricity has grown an estimated $30 billion (now reaching the $180 billion plateau), and U.S. competitive power sales are only expected to increase, projecting as much as 10% in 2011. Few industries of this size have remained “under the radar” for so long – but that era has finally ended.
Start your research on PRHL now.
Able Trader
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