Exit Only, Inc (EXTO) is showing some renewed interest from investors lately as the chart below reveals. News has not been released from EXTO since early January until March 11, indicating that the company is moving forward with it's Text4cars.com service in the United States. EXTO has a 52 week high of .56 and it recently bounced off of it's 52 week low of .03, possibly indicating that the bottom may be in for EXTO and previous highs may be coming in the future. Bottom plays are a favorite at 1000 Penny Stocks since there is potential for nice gains for the savvy penny stock trader.
The company announced Tuesday, March 11 that it's Joint Venture partner, Shortcode USA, attended the 91st Annual NADA Convention in San Francisco in February. Shortcode USA had a booth at the conference in which it demonstrated Exit Only, Inc.'s Text4cars service to dealers and exhibitors.
The Text4cars service is an innovative idea among advertising techniques that brings both buyer and seller together through the power of phone text messaging. First launched in Canada in January of 2007, the Text4cars service is now available in the United States. The Text4cars service allows sellers to list their cars on the Text4cars.com website free of charge with no listing or advertising fees other than a $2.00 charge billed to the sellers cell phone account each time a qualified lead or potential buyer contacts the seller.
Different advertising techniques are used in the automobile industry to attract buyers with millions of dollars spent each year on advertising. Text4cars is performance based advertising where the seller avoids expensive listing and advertising cost, paying only for qualified leads. In some cases, selling the car to the first lead or buyer with net cost for to the seller being $2.00.
1000 Penny Stocks is adding EXTO to it's list of penny stocks and believes Exit Only, Inc. has the potential to be profitable since it has found a niche within the automotive industry using one of the most popular and powerful forms of communication today, text messaging. With over 16 million new cars and 19 million used cars sold each year in the United States, it's not difficult to see the potential for EXTO to become a profitable company.
1000 Penny Stocks will be watching EXTO in the coming weeks to see how the chart develops and will update readers on EXTO in future post as we monitor this innovation in advertising techniques. For more information about the Text4cars service, please visit the company website.