Inergetics Inc (OTCMKTS:NRTI) is moving up slowly after bouncing off $0.01. The stock fell through the $0.02 support it had established before. NRTI is a stock with a history of big moves running from $0.10 to well over $0.30 earlier in the year.
NRTI is a stock with a history of big moves running off a dime earlier this year the stock ran all the way to $0.34 on big volume before topping out. The stock saw a nice pop recently after NRTI announced their OmEssentials® Supplements Line Available at Whole Foods This Fall.
Inergetics Inc (OTCMKTS:NRTI) is a leading developer of advanced proprietary nutritional products that improve overall health, physical recovery, athletic performance and quality of life for patients and consumers. These product lines include:
Martha Stewart Essentials, the first branded line of women’s supplements on the market specifically crafted with Martha’s special touch.
Surgex Sports Nutrition, with its pioneering formulas developed to meet the nutritional needs of the masses as well as professional and amateur athletes. Surgex is proud to be the preferred sports nutrition brand for Army Sports, San Diego Charger wide receiver and 2013 NFL Offensive Player of the Year Keenan Allen, and David Amerson, star cornerback of the Washington Redskins.
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Bikini Ready Lifestyle, an innovative formula used by professional surfers Anastasia Ashley and Christa Alves to help you maintain your weight and get you “Bikini Ready”!
SlimTrim, an affordable, premium value diet supplement to help you maintain a healthy lifestyle in order to lose those extra pounds.
On November 4 NRTI announced that its OmEssentials® line of condition specific nutritional supplements will be available in Whole Foods stores beginning in the northeast this fall.
The OmEssentials yoga-centric lifestyle focus is well aligned with Whole Foods’ commitment to offer premium vitamins and nutritional supplements that support their discerning, health-conscious consumers,” said Mike James, Inergetics, CEO. “This new channel represents another distinct market segment as part of our overall brand portfolio development strategy.”
The OmEssentials product line includes premium vegan and vegetarian formulas to promote general health and wellness as well as scientifically advanced products to provide support and address issues for those who enjoy the active lifestyle.
Conclusion: NRTI is making an explosive move up after the Company announced their OmEssentials® Supplements Line will be Available at Whole Foods This Fall. The move up comes after months of downward drift that saw the stock drop from over $0.30 level to a recent low of $0.0198. While NRTI does boast fast growing revenues the Company continues to lose money. The result of this had been heavy dilution causing the Company to affect 3 reverse stock splits in the past. Since August 2011 OS has increased from 23,756,132 shares to 89,353,268 shares.
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Currently trading at a $4.2 million valuation NRTI looks too cheap as it trades just over its all-time lows. The recent heavy increase in volume suggests the stock is currently under accumulation. NRTI is technically sound and still trades very close to its historical lows. While NRTI is quite cheap here they have developed the type of loyal following that can catapult these pennies to 1,000% + gains. All this Makes NRTI a stock to watch and might just provide a spectacular trade opportunity in the weeks and months ahead.
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Disclosure: we hold no position in NRTI either long or short and we have not been compensated for this article.