Outlook Stocks 2010
Outlook Stocks 2010
Top 10 Penny Stocks For The Week Of April 5Th 2010
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XCHO (OTC BB) Sector: Consumer Healthcare Products
Xena Care Holdings, Inc. XCHO engages in branding, formulation, marketing, and distribution of nutrition supplement products primarily in the United States. The company recently marketed a product called Cobroxin, a (OTC) pain reliever clinically proven to treat moderate to severe stage 2 chronic pain. The Company’s clinical products include XenaCor, which supports the lowering of serum cholesterol, C-reactive protein, and homocysteine levels, designed to support cardiovascular health; XenaTri for lowering triglycerides and raising HDL to support cardiovascular health; and XenaZyme Plus that increases the body’s oxygen carrying capacities designed to support digestion. In addition, the company offers formulations for the lifestyle performance market, which consists of a sports line for athletes, including the Sun Pill formulated to protect the skin when exposed to damaging ultraviolet rays. XenaCare markets its products through the Internet as well as pharmacies. The company was founded in 2001 and is based in Delray Beach, Florida.
Technical Outlook
XenaCare Holdings, Inc. XCHO Came out with great news on Friday, April 1st, 2010 that their flagship product Cobroxin has been selling very well. First-quarter sales were as follows: Cobroxin has generated sales of $895,487 for the 1st Quarter of 2010. That is an $837,263 increase over First Quarter 2009. “We are extremely pleased with our first quarter sales results, specifically the increased momentum in the roll out of Cobroxin,” explained Frank Rizzo, President and CEO of XenaCare.
Technically speaking The Stock Wizards feels XCHO looks attractive and seems undervalued at these levels. With improved revenues from sales of their flagship product Cobroxin, and a Market Capitalization of 21 million, you can clearly see how undervalued this company is. Support is .25 cents and resistance .35 cents for the coming week.
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Forward-Looking Statement: This press release includes “forward-looking statements” within the meaning of the federal securities laws, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates” and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company’s projections and expectations are disclosed in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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Faber Interview on Fed Easing, Stocks Outlook, China Oct. 26, 2010- Video – Bloomberg.flv
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