SHOM Being Added to Buy and Hold List

SHOM - currently at .0273 Signs Letter of Intent to merge with Washington D.C. based medical group.

(You may see SHOM closed on Friday at .0330.  There was a trade logged after the close at .0273, that is why you may also see the stock showing a loss of 17%+ from the previous close.  However, the last trade on Friday was at .0273, still providing for a significant gain during Friday's trading session over its close on Thursday)

http://finance.yahoo.com/news/Southern-Home-Medical-iw-1652908027.html?x=0&.v=1

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63421808

SHOM, a pinksheet stock, has been one of the better of the pinks as far as trading and having the ability to book solid gains.  While there was no specific timeframe listed in the PR released after market closed on Friday, SHOM did state that it would release updates during the merger process as those details become available.

It is also rumored that a large public awareness campaign has been initiated by SHOM.  This, if it is true, should provide for more opportunities to gain from trading this stock.

SHOM hit a new 52 week high on Friday at .038, as it appears news of the merger may have leaked prior to the PR release after market closed, so there's no way of indicating exactly how high SHOM will go on this news come Monday morning and beyond.  But, one thing is clear, with this news and the promised frequent updates from SHOM, and the possibility of a strong PR campaign, SHOM looks to be a good buy and hold pick.

One note of caution... there are those who like to sell into the news.  Given the spike at end of day on Friday, be cautious of a gap up Monday morning and a sell-off by the flippers based on the news.

Never chase a stock that is gapping up, as most gaps close before continuing to run.