New York, NY – January 19, 2017 – InvestorsHub NewsWire -- Wall Street Corner Report -- ML Capital Group, Inc. (USOTC: MLCG) announced a $1 million 2017 forecast this morning based on the Company’s recent entry into the cannabis sector in a partnership with Puration, Inc. (USOTC: PURA), and a MLCG’s reported $400,000 in 2016 revenue from existing operations.  MLCG trading gapped open on the news at $0.0025 and then trading surprisingly trickled down during the day.  As of the writing of this release, the trading volume has shot through the roof at $0.001.  Increased trading volume at a lower price indicates a likely SHORT COVER.  Sure enough, both FINRA and OTC Short Report (see below) show that MLCG trading the previous two days as the price went up to $0.0025 was over 50% short selling.  A MAJOR BOUNCE opportunity now exists.  Genuine retail buying will pressure a SHORT COVER that could at least see the PPS rebound to $0.0025 if not double the day’s high seeing $0.005 by day’s end.
 

 

Wall Street Corner Report is the premier discovery site for promising, yet undiscovered small and micro-cap stocks featuring opportunities in an ethical, professional, and responsible manner. We're not fiendishly 'short' sighted nor are we here to dream the impossibly 'long' dream.  We take a practical view on the big ideas of well-intentioned management and look to profit on each reasonably achievable step the well intentioned mangers take toward their big ideas.
 
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This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
 
Jack Taylor
info@wallstreetcornerreport.com
 
 
 

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