Wednesday, March 10, 2010

EXPU - Time To Buy For The Bounce

Some readers may have remembered I had EXPU as a Buy and Hold.  I removed it from that list after learning they issued way too many shares to promote the stock.

http://pennystockgurus.blogspot.com/2010/02/expu-removed-from-gurus-buy-and-hold.html

Here is what the chart looked like when I removed it from my buy and hold list:


I said : "Today's price action tells the story better than I.  A nice red wick down, in what I suspect will be just one of many more down days."


Check out the chart since I removed it from the Buy and Hold list:


I think worst case scenario, EXPU is due for a bounce.  It may even see $.10 again, albeit briefly.  Keep this stock on your radar again. 


Expert Group, Inc., Expert Financing, Inc. Now Open on Saturday

MIAMI, FL, Mar 10, 2010 (MARKETWIRE via COMTEX) -- Expert Group, Inc. (PINKSHEETS: EXPU) said it will begin offering Saturday banking hours at all its centers in South Florida, beginning this week. Saturday hours will be from 10 a.m. to 3 p.m., the Miami, F.L.-based Lender said. The company also said it plans to open all its centers on Saturdays in South Florida beginning March 13, 2010.
Expert Financing, Inc. has offered in the past Saturday banking hours at the North Miami Beach South Florida center, but by appointment only.
With the new addition of centers, Expert Financing, Inc. said its branches open on Saturdays will include a full service brokerage receptionist as well as a branch manager on site.
The company said customers may use its Web site, www.Expertfinancing.net, to get info as well as the address to the center nearest you.
"We decided to open on Saturdays to give our customers and brokers more opportunities to originate or talk with an Expert face to face," said Robert Rico, Expert Financing, Inc. "We understand the busy lifestyles and time constraints that our customers experience during the week. Some find it difficult to get to our center during normal work days."
On Saturdays, Expert Financing, Inc. said its customers may apply for a loan or get pre qualified for a loan.
"As we continue to evaluate our South Florida center network for its convenience to our customers, all our locations will now offer Saturday hours in order to meet our customers' growing needs," Rico said.
About Expert Group, Inc.
Expert Group, Inc. markets a variety of financial products and services through Expert Financing & Investments; With multiple offices throughout South Florida, Expert is rapidly becoming a market leader in the multi billion dollar Florida market. Expert is licensed by the Department of Financial Regulations and a member of FAMB, FHA and VA Lender.
About Expert Financing:
Expert financing offers up-to-date loan programs tailored to all borrowers' needs, specializing in Fannie Mae, Freddie Mac, FHA, conventional and non-conventional loans of all sizes.
Certain statements in this release and the attached corporate profile that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (I) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.


Contact: 
Expert Group, Inc.
305-949-LOAN (5626) 

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