Herborium Group (PINK:HBRM) Came to Kick Butt And Chew Bubblegum….
….but it’s all out of bubblegum!
In true roachy fashion Herborium Group (Pink: HBRM) shows us da money! Remember my blog from Monday when it was all you could buy .002s? If not here’s a refresher: http://www.stockroach.com/senoritas-monday-quickie-is-herborium-group-inc-pinkhbrm/. Well this Stinky pinky started out slow as traders did their due diligence and slowly started accumulating shares. Well today the stock broke out during a FRIDAY power hour with almost 45 MILLION shares traded and it just kept setting new highs of the day as traders and investors alike started buying shares of HBRM like it was going out of style!
So what are our total gains so far? If you bought in on my original alert at .002, you’d be sitting on ass beating gains upwards of 60% right now because this roachy mutt closed at .0032! So let’s say that you put $1,000 into HBRM, your profits would be $600 today, that’s only 5 trading days! All you had to do for those gains was to pay attention to the alert and of course the charts and if you want to learn the KISS (Keep It Simple Stupid) method of charting I go over it in our FREE e-BOOK!
But wait…..the momentum train might have just started on HBRM leading up to the much anticipated “Big news” that HBRM has been touting for over a month now which is set to be released on April 6th. A lot of penny stock fans have been speculating that the news should be regarding the planned acquisition of HBRM by China Health Resources (US OTC: CHRI) and for good reason of course.
This isn’t a rumor of a buyout, CHRI has signed a LOI (Letter Of Intent) last month to acquire up to 100% of HBRM, and the research report can be found here: http://finance.yahoo.com/news/China-Health-Resource-CHRI-prnews-1728491815.html?x=0
I’ll get to HBRM’s updated techs after a reminder to:
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Papa Roach has been hitting homeruns out of the ballpark lately with his alerts so don’t let another one pass you by!
Now onto HBRM’s mega bull chart! If this doesn’t scream EL TORO to you, then you must be looking at it upside down.
As you can see the MACD is finally diverging and has hit positive territory for the first times in weeks. The RSI is heading towards the trader power zone of the 70s, and the 50 DMA is inching upwards at a rapid pace to cross over the 200 DMA which means GOLDEN CROSS! Accumulation is still steadily rising, and should HBRM break that .005 PITA resistance we are looking at BLUESKY territory guys and gals, we’re talking Montana!
Support levels are at the 200 DMA of .0024 with lower level support at the 50 DMA of .0016. Resistances lies ahead at .0035, .0042 and the PITA at .005!
There’s your Friday update on what could be the buyout play of the year on the stinky pinks! Stay tuned because Papa Roach has some gems up his sleeve, and I am eyeing a potential hottie that might start screaming up the charts faster than an LMFAO song.
Senorita “Ballin’ outta control” Roachita
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 HBRM at any time
after this post.
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