March madness is in full effect and the next big $1 runner is already out of the gates and on it’s way to new highs. It should be very simple to see why Lot78, Inc. (OTC: LOTE) is on high alert and is looking much like 3 previous winning penny stock picks. Not only has LOTE stock remained under the radar since it began trading at the beginning of the month, but it is following the exact same pattern as three of our previous, triple digit winning picks: OMVE, ECAU and GNIN.
While the chart for the luxury clothing brand to how both Echo Automotive and Green Innovations started out, the connections Omni Ventures had and the similarities Lot 78 has with True Religion and the high profiled customer base makes LOTE look like the next big money winner in the making and a requirement for all to add to the list of OTC stocks to watch this month and beyond.
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LOTE Stock Quote
Market Cap: 53.06
Last: 0.93 ▲ 0.01 (1.09%)
Dollar Volume: $89,818
Issued and Outstanding: 57,053,138
Insider Oliver Amhurst: 18,080,482
Insider David Hardcastle: 9,964,032
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Beyond the fact that the float for LOTE stock is less than 30 million, the Lot78 collection is sold in some of the most prestigious stores in the world, such as Barney’s, Mr. Porter, Shopbop, Bloomingdales, Net-A-Porter, and most recently Harrods. The urban designer wear is also sold in the traditional brick-and-mortar store “The Lot on Ledbury,” within the heart of Notting Hill, London, England, where the Lot78 brand originated.
Start up you think, but Lot 78 President and CEO Oliver Amhurst has spent the last 6 years building the brand from the ground up. Oliver began his career in the fashion industry by starting in the stock room at the Emporio Armani store in London. Rising through the ranks of the company, Amhurst ended up running the wholesale division of all Armani products in the UK, where he was responsible for over $70 million worth of revenue.
The Company made a huge move by securing distribution deals with high-end retailers just like True Religion did to establish its brand globally.The recent addition of Harrods as an outlet where Lot 78 products like their $300 hoodies can be purchased by the fashion world’s elite, superstars like the Grammy award winners Kings of Leon, Jay-Z, Rihanna and Robbie Williams, and Oscar nominees Bradley Cooper and Jeff Goldblum, as well as model Elle McPherson, have all been spotted wearing Lot78’s fashion.
Take note that Lot 78 already had £355,469 worth of sales for the period ended September 30, 2012. The re-making of history is upon OTC traders who can see the signals in front of them.
One year ago this week, we issued an alert of Omni Ventures Inc. (OMVE), the distributors of PRVCY Couture jeans. Over the course of two months, traders watched OMVE stock rise 441% from the time of our alert. See chart:
If LOTE was to gain 441% from the go, that would have it topping out around the $4.05 level.
In the beginning of this year, two penny stocks we unveiled before anyone else, Echo Automotive (ECAU) and Green Innovations (GNIN) both began their runs at around the same level as LOTE stock. While staying far under the radar for nearly a month, both of those penny stocks topped the $3.50 level and provided traders with gains of 381% and 358%, respectively. See Charts:
If LOTE stock was to align itself between these two 2013 winners, that would have it topping out somewhere between $3.69 and $3.40, a potential 265% plus from its current position.
With the addition of Harrods and the new advisory panel which includes Adam Kelly, a fashion industry veteran and Senior Buying Manager for Selfridges, LOTE stock is a lock for $2 and above.
When three things line up to form a pattern, its likely that the 4th will follow the same path which is exactly why we are excited to issue LOTE as our penny stock alert for Wednesday and should be on every traders radar for the rest of the month.
About LOTE Stock
Lot78 Inc. is a contemporary ready to wear collection specializing in luxury, timeless, urban fashion pieces made from only the best quality European manufacture.
Last 5 Trading Sessions:
Bottom Line: LOTE is already running and is no where close to slowing down. Make sure to have LOTE stock on the list of penny stocks to watch for the remainder of March. As you watch it climb up the charts, past $1.00 towards $2.00 and then on to $3.00 and possibly even $4.00, you will get the chance to tell yourself one of two things:
- I am so happy I got some LOTE under 1.00, or
- I could have gotten some LOTE for under 1.00!
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