February has not been very kind to traders who planned to see gains of some sort by investing into the penny stock of Hokutou Holdings International, Inc. (HKTU). Since February 4, HKTU stock has dipped from its .08 high for one “dead cat” bounce, from .033 to .04, to continue its journey into sub penny land. With the biggest reminders when it comes to penny stock alerts taking the lead on creating Monday’s volume surge, having this one the radar for a gap open and 10 minute run before dropping is the most likely scenario for this POS.
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HKTU Stock Quote
Market Cap: 1.24M
Friday Close: 0.012 ▼ 0.0001 (-0.83%)
Dollar Volume: $2,295
1st Support Level: 0.0103
2nd Support Level: 0.0087
14-Day Rel Strength: 20.00%
14-Day Stochastic: 1.45%
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Since our initial coverage on Hokutou Holdings International, the Company, as we had already mentioned, launched its new supplement and nutraceuticals company, Live Young Naturals, offering natural health supplement products at affordable prices. They turned around a a day later and announced that they had entered into negotiations with three of the top regional sales firms in the nutraceutical industry with expectations of entering into contracts with at least two of them at some point in February which will help the start up generate new significant revenues and assist in gaining brand recognition.
As great as their expectations may be, 400 lbs men in speedos can hire modeling agencies, but are not going to get booked for any work.
While there are claims to be developing energy boosting supplements as well as a male enhancement supplement for better sexual performance, the most recent announcement from Hokutou from more than one week ago was about the release a Calcium and Vitamin D supplement for the development of healthy bones. Eugene Collings, CEO of Hokutou, said that the Company seeks to become the total health solution for its consumers.
How about finding a solution to the pig seller dumping shares of HKTU every time it gets an awareness campaign.
About HKTU Stock
Last 5 Trading Sessions:
Bottom Line: HKTU is a penny stock not worth touching, even with a 10-foot pole unless you are willing to gamble big. Until HKTU stock hits the sub pennies, bounce plays and any kind of upward momentum not coming off an alert for a gap open. Be careful if you’re considering this and look for a supplement stock for the day to help break even.
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