As many of you traders already know, we issued Muscle Pharm Corp. (MSLP) as our penny stock alert this morning with respect to the momentum its been gaining. MSLP stock price went out for an early lunch today leaving traders the chance to soak up shares for as low as 0.0172. Well, just like many of our previous penny stock alerts, get in when you can find a spot and hold on to your seats cause we’re going up. Lunch is over and MSLP is riding the elevator to the next level up again. In a week, this could easily test 0.035
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MSLP Stock Statistics
Current Price: 0.019 (-0.52%)
Dollar Volume: $108,374
Share Volume: 5,807,796
Average Trade Size: 46,837
Shares Outstanding: 1,399,074,207 As of June 29, 2012
52wk High: 0.04
Average Vol (3m): 14,288,770
Besides the fact that MSLP is participating in an open market share repurchase program of up to 100 million shares until the end of 2012, they just appointed Lewis Gary Davis as their Chief Financial Officer. Click here to see why this is such a big deal.
Davis is part of the reason why MSLPproducts are selling out at many of their online retail locations. Traditionally, Muscel Pharm has always issued a prelimainary financial results roughly one month before the filing date. That would be sometime in the next week or two which would make now the time to strike before buyers start surging in. Last time investors jumped in early before the Q1 announcement, MSLP stock price went from 0.006 and to 0.0375, a gain of 525%.
About MSLP Stock
MusclePharm is a healthy life-style company that develops and manufactures a full line of Informed Choice approved nutritional supplements that are free of banned substances. Based on years of research at the MusclePharm Sports Science Center, the products are created through an advanced six-stage research protocol involving the expertise of top nutritional scientists and field tested by more than one hundred elite professional athletes from various professional sports leagues including the National Football League, Mixed Martial Arts and Major League Baseball. The company’s products address all categories of an active lifestyle, including muscle building, weight loss and maintaining general fitness through a daily nutritional supplement regimen. MusclePharm is sold in more than 120 countries and available in over 10,000 U.S. retail outlets, including Dick’s Sporting Goods, GNC, Vitamin Shoppe, Vitamin World and Wal-Mart. MusclePharm products also are sold through more than 100 online stores, including bodybuilding.com, Amazon.com and Vitacost.com.
Get MSLP on your radar screens immediately and begin your research here:
MSLP SEC Filings
MSLP Headline News
MSLP Technical Analysis (Resistance/Support Level)
MSLP BarChart Opinion
Bottom Line: Get MSLP on the list of penny stocks to watch for entry points this week. Investors are salivating to get their eyes on MusclePharm’s Q2 earnings report. With the expansion projects in the retail line as well as additional products made available for retail, MSLP could shock traders by breaking their 52 week high of 0.04 with no resistance.
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