Guard yourself roaches, SSBN is highly explosive
Hey roaches it’s roachman again, bringing you another potential winner.
Today, we are going to turn our attention onto Sunset Brands (SSBN). This company generated a buzz in good old penny stock heaven when it acquired US Financial Assets, Inc., a Financial Services firm with a focus on the strategic acquisition and investment in federally insured banks, mortgage companies, SBA, insurance, mortgage title companies, management and capital consultative services, REIT and distressed real estate holdings primarily in the Southeast Region of the U.S.
As a result, SSBN absolutely explode from .003 to .04 in a matter of days. We are here to rub our greedy little hands together to potentially reap in those types of rewards again. Shares closed today at .005 a share today, but we are entering a support zone with a basing formation at .004 with a stock that is currently WAAAAAY oversold. With the correct change in momentum we could potentially see this stock reignite to .04 a share, good enough for a 1000% gain.
You might ask yourself why I am so intrigued by this stock and the reason is simple: Merger and Acquisitions. If this penny stock we call a lottery ticket is strong enough to be acquiring assets in an economic downturn, then they may be extremely undervalued. Take a good look at this stock and due your due diligence roaches before you decide to do long.
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Disclosure: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in this stock. We reserve the right to buy or sell SSBN at any time after this post.
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SSBN had an early morning pullback to that .004 support level. For those who were quick enough to buy in, we have a chance to see this one soar by the end of the week.
ssbn soared today to a 50% gain or more depending on where you bought it at. Late afternoon trading crushed the stock back to the .0035-.0040 range which could signal another buying opportunity.