ENTB closed right at the high of the session $.0225 a share. To think this stock was trading at $.0016 not long ago. My subscribers and readers know I've been calling for a recovery rally for ENTB for quite some time.
When I made ENTB my chart to watch for my subscribers I stated:
This stock is fully reporting. Has fallen slowly from over $2 a share to a brand new 52 week low.
Market Value1 $102,275 a/o Apr 17, 2012 Shares Outstanding 32,991,886 a/o Mar 21, 2012 Float 5,100,881 a/o Jul 29, 2011 Authorized Shares 75,000,000 a/o Aug 01, 2011
Last quarterly filing has:
As of March 21, 2012 there were 32, 991,886 shares of common stock were issued and outstanding.
I think we could see a nice rally from current prices.
Low today of $.0022 is a new 52 week low.
I think we will see a nice recovery in share price. It may not happen tomorrow or next week... like USNL it could take time. Ultimately I think the stock will trade much higher than it is today. Remember to lock in your profits.I could not have been any more right. Congratulations to those who have profited on this spectacular move higher.