Sandy’s destruction should create a short-term momentum play on the penny stock of Hampton’s Luxury Homes, Inc. (HLXH) for the course of this week. Alerted via Twitter at the open, HLXH stock closed the last trading session at 0.0073 and hasn’t updated their financials with OTCMarkets in over a year. However, the Long lsland , New York construction company could see a speculative flip mob attack the bid so heavily that the PPS could see a huge percentage gain over the course of the next few hours/days.
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HLXH Stock Chart
Market Cap: 423.19K
Last: 0.023, up 0.0157 (215.07%)
Volume: 47,200
Dollar Volume: $908
High: 0.023
Low: 0.0175
Trades: 3
Average Trade Size: 15,733
Authorized: 200,000,000
Issued and Outstanding: 57,971,650
Float: 2,822,500
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As per the last filed financials for the period ended December 30, 2010, Contract and service revenues were $7,156,354; Contract and service costs $5,774,266; and Gross profit was reported at $1,382,088.
About HLXH Stock
Hamptons Luxury Homes, Inc. is a regional construction services company that builds and maintains custom homes, luxury vacation homes and ultra-luxury estate homes throughout the eastern end of Long lsland , New York. The Company serves as the holding company for three subsidiary operating companies that include the following:
• Telemark Inc. – provides General Contracting and Project Management for construction activities, provides administration requirements for all related subsidiaries.
• Telemark Service & Maintenance – responsible for carpentry labor, painting services, small projects, home maintenance, and estate management.
• Bridgehampton Millwork — produces custom cabinetry, casework, and architectural millwork.
Click here to view the website of HLXH.
Bottom Line: HLXH is a day-trade penny stock to watch. With only 2.8 million shares in the float, HLXH stock offers a real possibility for some active momentum, possibly a ten bagger for today. Other than today’s momentum play, it’s the a bag you don’t want to be left holding.
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