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US Stock Market: PFDE - Last Picks .45 to 1.18....74 to 1.20...bronwyn
From: |
Ernie Williamson |
Subject: |
US Stock Market: PFDE - Last Picks .45 to 1.18....74 to 1.20...bronwyn |
Date: |
Wed, 29 Oct 2003 06:58:21 +0200 |
UPSIDE INTERNATIONAL - Searching Out Stocks with Big Upside Potential...that
have gone unnoticed until now.
UpSide International uncovers unusual trends and activity in stocks. We look
for signs of block trades and insider purchasing in order to uncover insight
into uncommon trends.
Seven weeks ago, on Sept. 4th, we highlighted SUQU at 0.57. We set the target
price at 1.20. It hit a high of 1.18--we were very close. Our last pick was
TRHL at 0.74 on Oct. 3rd. Target was 1.13. It hit 1.20.
Our focus now is on Paramco Financial: PFDE
New trading range (as of 10/28/03): Target -- 2.36.
Yesterday, a Long White Candlestick formed, and pressure was strong. The stock
is in position for a higher high and a higher low. Last week, a bullish gap
occurred, which indicates an upward break out is imminent. The volume is very
high. Also, PFDE just started an unusual trading pattern. Large blocks of
shares are being bought. Is this an indication of something? Are large
investors picking up PFDE, an institution, what's coming?
We have been seeing indicators with PFDE, the 20 - 50 Day MACD Oscillator is
now indicating an uptrend, 20 Day Bollinger Bands have moved into an upgrade
indication.
Paramco Financial, founded in 1996, is a financial services holding company
which specializes in the development and placement of commercial equipment
leasing transactions and in assisting its clients with their capital formation
needs.
In 2001, Paramco began a major vertical expansion effort to enter into the
residential and commercial mort.gage industry, the mort.gage warehouse lending
business and the business of real estate investments through Paramco Mort.gage
Corporation and Paramco Investments, Inc.
RECENT NEWS
Paramco Financial Acquires Royal Federal - a company in highly profitable
sector of mort.gage industry.
DENVER - (PRIMEZONE) -- Paramco Financial, Inc. (OTC BB:PFDE.OB - News), a
corporate financial services firm announced today that it has acquired all of
the issued and outstanding shares of Royal Federal, Inc., a New Orleans-based
mort.gage company.
According to Douglas G. Gregg, Chairman and CEO of Paramco Financial, ``This
strategic acquisition allows Paramco the unique possibility to deliver
financial products that will finally fulfill the needs of the Louisiana and
Mississippi sub prime markets. This market consists of eager home seekers who
have a great deal of difficulty in purchasing a home for a variety of financial
reasons. Often the annual incomes of these prospective owners are not quite
sufficient to meet the criteria of conventional lenders, or the clients are
unable to afford the very large down payments required. Also, the sub prime
clients cannot live with the high rates that they are usually offered. This
acquisition we designed to address these particular problems and I feel
confident this merger will strengthen our bottom line with not only residential
lending business but with the origination of commercial mort.gages and other
types of client financing.''
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