There have been weirder combinations and events which have taken place on Wall Street and United Treatment Centers, Inc. (UTRM) could join that list. Just two weeks ago, the company entered into a Letter of Intent to acquire Houston-based Nature’s Instincts, Inc. and later that same day launched its premier sleeping aid supplement, Somina PM. However, UTRM stock is breaking out today not because of sleeping pills, but because Element Trading Technologies Inc., a company which trains market traders to successfully trade stocks, reverse merged into them.
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UTRM Stock Chart
Market Cap: 823.07K
Last: 0.0023, up 0.002 (666.67%)
Volume: 48,741,337
Dollar Volume: $72,143
High: 0.0031
Low: 0.0004
Trades: 197
Average Trade Size: 247,417
Authorized: Unlimited
Issued and Outstanding: 478,124,681 a/o Sep 05, 2012
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Before you run outside the shack and carve UTRM into the old oak tree, Element Trading Technologies will be filing with FINRA for a company name change and new trading symbol. What they plan to do with the all natural non-habit forming sleeping supplement, Somnia PM, they jointly launched with Nature’s Instinct has not been addressed yet. Perhaps it will go somewhere with the waterless toothbrush United Treatment Centers was focused on patenting and developing.
According to this morning’s announcement, Element Trading Technologies recruits and trains stock traders to day trade the company’s proprietary trading account under a tightly-controlled risk-managed basis. Providing a win-win opportunity to build income, Element Trading shares in the trading profits of its traders. Traders pay monthly software and a proprietary program membership fee and are allocated day trading buying power based on their daily equity balance. Traders are paid a percentage of their net profits on a monthly basis as they develop their trading expertise.
Basically its as if Timothy Sykes ran a boiler room.
About UTRM Stock
Element Trading Technologies is a Wyoming based company,and is the owner and developer of a subscription based online Day Trading Business, with current operations in New York City.
Bottom Line: UTRM is the penny stock for dummies today. Yesterday it was CMGO, today, its UTRM stock. Hold on to this for too long, and you’ll likely wake up to find the cavity creeps have eaten away your portfolio while you wear on the non-habit forming sleeping supplement.
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