The penny stock play of the day has to go to those who opened their spam emails from one of Cohen’s sites and traded JinZangHuang Tibet Pharmaceuticals, Inc. (JZHG). Pumped before for similar type gains, JZHG stock gave a real opportunity for anyone willing to part with a couple grand to double that within an hour of the opening bell which, unless it’s your first day trading on the OTC, has been a hard feat to accomplish the last few months. And to imagine, while they sleep tonight and it doubles from the open, as the sun rises in China, some of the longs are going to be able to pass on their morning nutraceutical products thanks to the excitement of seeing their wealth grow overnight.
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JZHG Stock Quote
Market Cap: 8.87M
Last: 0.175 ▲ +0.10 (+133.33%)
Dollar Volume: $231,761
Issued and Outstanding: 50,665,063
14-Day Rel Strength: 66.93%
1st Resistance Point: 0.20
1st Support Level: 0.10
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Not known for being PR issuers, you kinda don’t need to be when you had $16,364,626 in cash and sales of $4,262,884 for the 3 month period ended March 31, 2013. Selling Tibetan medicine products to 204 sauna stores and a revenue stream for which incurs very little direct cost, it’s no wonder JinZangHuang Tibet Pharmaceuticals is taking out bids like a Shaolin monk.
Although no numbers have been recorded since the 3 months ended March 31, 2013 and the 10-K is late as of the time of this posting, there is little doubt that JinZangHuang Tibet Pharmaceuticals is due to break all of their 2012 and prior numbers. For the 9 months ended March 31, 2013, revenues grew from $7,936,203 to $11,641,650, an increase of $3,705,447 or 46.7% compared to the same 9 months in 2012. At the same time, net income grew by about the same amount, from $4,406,464 as of March 31, 2012 to $6,360,227 as of March 31, 2013, an increase of 44.3%.
Unfortunately, not as many traders knew about JZHG stock as could have due to Cohen’s persistent petulance when it comes to getting the point across. Just last week when he was pumping MULI, he was sending out subject lines that were as spammy as you could get make that one another game changer in these tough weeks that could have been a huge benefit had it not been in the spam folder.
Giving credit where credit is due, JZHG stock is rocking it out so far today and, although you’d like to sometimes unsubscribe to pickers who used to throw trash at you day in and day out, it takes just a simple change of direction once to get back on the horse and be the pimp of the group.
About JZHG Stock
Jinzanghuang Tibet Pharmaceuticals, Inc., through the management of Leling Jinzanghuang, distributes pharmaceutical and nutraceutical products for use by sauna stores in China.
Click here to view the SEC filings for JZHG.
Last 5 Trading Sessions:
Not only is JZHG up today, but it’s staying there and could end the day as the best penny stock on the OTCBB by way of actual gains achievable today. Keep an eye out on JZHG stock after today since many of the Cohenator’s picks tend to run for a day or two since his passion, spamming picks, must be satisfied and it’s only Tuesday.
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