This is a great set-up on the charts. I am looking for a continuation of this move up. This is a cat attack stock which means I will be watching closely for an entry if certain things persude me to hit it...
WEBSITE -
http://www.interactholdings.com/
Interact Holdings Group, Inc., through its operating subsidiaries, provides technology and services to the petroleum, utility and communications industries
O/S 18,956,290 shares (As of May 13, 2007); This trades in Bulletin Board (OTCBB stock) and you can see that O/S was kept under 20M for last 4 months; This means the current market cap is apprx. 120K, very low for a company with annual revenues of about 4M (if the revenue numbers in first Q was maintained for rest of the year}
For the period of January 1, 2007 to March 31, 2007, the company posted revenues of $1,053,135 as compared to $468,714 for the same period in 2006. This reflects a net increase in revenues of 125%. The increase was primarily due to the acquisition of UTSI International which took place in May of 2006
Currently, their largest customers include companies such as Shell Pipeline, Chevron Pipeline, BP, and Magellan Midstream Partners, LP. For these companies and many other similar companies, they provide specific services such as engineering and software technical expertise and project management services for many different projects that enable their clients to operate and manage their infrastructure (such as pipelines, drilling facilities, material storage facilities, etc.) in a safe and efficient manner
Ihgr
up over 30%
Linear Mode
