SHAR is holding 50% of the long candle while consolidating. This is a good sign that it may take off. It looks to me like it wants to flex some muscle.
It would have to hold the 50% rule on the long candle if I entered.
SHAR Chart
COTTAGE GROVE, Tenn., March 1 /PRNewswire-FirstCall/ -- Cooper Hunting Industries, Inc. (Pink Sheets:SHAR.pk - News), a specialty retailer catering to outdoor and hunting enthusiasts is pleased to announce the upcoming shareholder meeting for holders of shares in Sharp Holding Corp. to vote on the proposed merger between the two companies.
Cooper Hunting Industries, Inc., notified the shareholders of Sharp Holding Corp. effective February 17, 2010 that a special meeting of shareholders has been called for March 10, 2010 to approve a definitive merger of the two companies. Cooper's diverse product line includes hunting blinds, cover scents, archery equipment, lures, attractants and hunting apparel. Over 150 dealers and distributors market products for the company nationwide as well as E-commerce operations at
Chameleon Tree Stand Treestand Blind Cover by Cooper Hunting and
Discount Hunting Gear, Discount Hunting Boots, Discount Shoes, Discount Ammunition, Discount Ammo, Discount Boots, Military Surplus, Outdoor Gear At the Sportsman's Guide. Based upon the initial response to Cooper's merger proposal to the shareholders of Sharp Holding Corp. Management anticipates a wide margin of shareholders to approve the transaction. Contact: Davis Management 201-373-1155 or
DavisResearch2003@yahoo.com
"2010 will be a momentous year for the Cooper and Sharp shareholders. This merger will create new levels of success through diversification of product lines as well as profitable acquisitions. It is my desire to serve the shareholders of Cooper and develop a program that will capture a huge part of a 100 billion dollar market," stated Mr. Cooper, President of Cooper Hunting Industries, Inc.
During its four years in operation Cooper has shown 40-60% increases in sales each year. Currently Cooper's flagship is the unique Chameleon Blind, which comes in two models; a gun model and a bow model. It is the only patented tree-stand blind on the market to date. There are several new products which Cooper plans to unveil in the near future. These products are sure to catapult Cooper into the next level, assuring more continuous growth for stockholders. Cooper will continue to seek out and discover new and innovative ways to make life better for the outdoor enthusiast.
Shar sharp holding corp
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