Yesterday, we announced to our VIP members two penny stocks which were poised to make runs during the course of Tuesday’s trading session: Co-signer, Inc. (COSR) and Progressive Green Solutions, Inc. (PGSC). As the session began at 0.0054, shares of COSR stock were alerted to our followers prior to it hitting 0.006 based on a new filing which surfaced indicating a merger due to take place and hints that the real estate financial services providers were about to enter into the cannabis business. As the Tuesday trading session bounced around, front loaders began piling up on PGSC stock which has enough ties to it to make it a worthy candidate of a mid-summer night’s pump and dump.
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COSR Stock Quote
Market Cap: 1.88M
Last: 0.0125 ▲ +0.0074 (+145.10%)
Dollar Volume: $71,770
14-Day RSI: 52.77%
1st Resistance Point: 0.0155
1st Support Level: 0.0074
52Wk High: 0.17
52Wk Low: 0.005
If you had looked into Co-signer prior to mid-May, chances are you would have bagged up on shares of COSR stock at 2X and 3X where they ended up yesterday having jumped on the news from March 10 when they announced their sales and marketing deal with HerbCentral.com, the unique online marketplace specializing in Cannabis, Hemp and the booming Vape market. The $1,055,354 worth of convertible promissory notes which JMJ Financial Inc. has an abundance of red flagged a large number of traders to steer clear as they watched COSR shares plummet from 0.07 at the time of the announcement to 0.005 Monday.
It’s interesting to see that a merger filing surfaced through the Nevada SOS considering it was just August, 2013 when the merger with Co-Signer.com and its wholly-owned subsidiary, Co-Signer Acquisition Corp. was completed which cost the Company a total of 1,173,041 shares of the newly-designated Series A Convertible Preferred Stock, $51,440 in newly-issued 8% Secured Notes, warrants to purchase a total of 51,440 shares of common stock an exercise price of $0.25 per share, and 23,000,000 newly-issued shares of COSR stock. The move yesterday from their virtual 52 week low to as high as 0.0135, closing just shy of that HOD, makes it a solid candidate to see some further momentum swing into it today while traders try to get a feel for how the one-year sales and marketing agreement with HerbCentral.com will impact the share price.
On a higher risk move, shares of Progressive Green Solutions’ PGSC stock began to see some heavy volume midday, it’s first since the 10 for 1 split effectuated in May on the shell corp that was set up by the notorious legal team of Luis Carrillo and Wade Huettel – ticker feeders to the former Awesome Penny Stocks. Although no news or alerts were issued to cause the sudden burst of volume, 208,500 shares traded, hints that it could be a future pick of BillionaireStocks after the slow summer season picks up made it a front loaders paradise.
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About COSR Stock
Co-Signer, Inc. is a development stage company focused on providing real estate financial services to tenants that were required to have a cosigner for their residential lease due to either no, poor or bad credit.
Issued and Outstanding: 150,484,189
Last 5 Trading Sessions:
COSR and our midday report on Burzynski Research Institute Inc. (BZYR), proved to be 2 of the best penny stocks to have played on Tuesday. As we approach the issuance of our next alert in the coming 24 hours, having 3 triple-digit winners picked and a massive winner with Cynk Technology Corp. (CYNK) which ran from 0.235 when we alerted it to well over $4 yesterday makes missing out on the next one something you could regret all summer.