Today's Alert is
International Textile Group, Inc. - ITXN

 

Hello Traders,




I have had this new alert on my radar for weeks now and I have been waiting for the perfect time to release it to everyone.  This new pick is packed with potential and I expect fast moving and impressive gains.  ITXN operates in a lucrative industry and had over 600MM is sales last year!






The trading on this company is very thin and we are going to experience a Huge Gap Today but don’t get scared.  Be prepared for the stock to open around $0.04.  The only reason for this is because this little Sub-Penny has over 80% of it’s shares held by the company insiders and less than $10,000 in it’s float at it’s price per share, this is all according to my research on Yahoo Finance.






ITXN is most likely going to open with a huge percentage gain and should continue to move upward throughout the course of the day. The company has a tiny market cap and an attractive buying price for investors, start your research now.






About ITXN – International Textile Group, Inc.



International Textile Group, Inc. operates as a diversified textile manufacturing company worldwide. The company offers apparel fabrics, including denim under the Cone Denim brand for Jeanswear market; synthetic and worsted fabrics under the Burlington Worldwide and Raeford Uniform brands for use in the production of men’s and women’s apparel, performance active wear, and uniform career apparel, as well as for the military dress uniform business; and cotton fabrics.




It also produces technical and value added fabrics used in various niche industrial and commercial applications, including engineered materials used in fire service apparel, ballistics materials, filtration, military fabrics, and oudivoor awnings and covers; and automotive airbag fabrics, which are components of airbag modules, as well as exports airbag fabric to Europe. In addition, the company manufactures and sells fabrics for battle dress uniforms primarily to the United States government and government contractors.



The company serves customer base in the bottom-weight woven fabric, government uniform fabric, decorative fabric, automotive safety, and specialty fabric and services markets. International Textile Group, Inc. was founded in 2004 and is headquartered in Greensboro, North Carolina.



www.itg-global.com




Take a look at the companies under ITXN:



Heritage and Innovation Unite


At the foundation of ITG is the union of Cone Mills and Burlington Industries, bringing together two of the most respected forces in the dynamic textile areana. Focused on growth and performance, the company created the Automotive Safety Group in early 2007 with the acquisitions of Safety Components International and BST Safety Textiles, leading producers of airbags, airbag fabrics and other technical fabrics.


Cone Denim


Established in 1891, Cone Denim is a leading supplier of denim to top jeanswear and denim-related apparel brands. Through the years, the Cone brand has been synonymous with innovation, authenticity, quality and service offering unique products from vintage premium to mainstream denims.




Burlington WorldWide Apparel

Burlington Worldwide provides high style, high-performance solutions for leading brands of menswear, women’s wear, active wear, cotton casuals, tailored, uniform and barrier products. Fabric initiatives include blended and performance synthetics, worsted wool, cottons and cotton-blends for a wide range of the world’s most viable apparel markets.




Burlington Contract Fabrics


Burlington Contract Fabrics (BCF) is a vertically integrated manufacturer of piece-dyed fabrics from yarn to finished fabric. Our complete finishing capabilities include branded and unbranded DWR, antimicrobial, and fire retardant technologies. Our global manufacturing platform allows us to provide customers a worldwide supply with a single master swatch.




Carlisle Finishing


Known for flexibility, quick-turn and quality finishes, Carlisle Finishing is a North American based commission dyeing, printing and finishing operation for woven and non-woven fabrics supplying the apparel, uniform, specialty and interior decorative markets.






The textile industry is globally competitive, ranking third in global export value behind the European Union and China. U.S. exports of textiles increased by 14 percent between 2010 and 2011. More than 80 percent of U.S. textile exports go to our free trade agreement partner countries. ITXN has a huge platform to build off of working in such a huge market.







Let’s review some amazing facts about ITXN:




  • The Market Cap is 58,000.




  • The company had over 600MM in Sales Last Year.




  • ITXN had a Gross Profit of over 50MM in 2012.





  • The Float is extremely small!









At the price ITXN is at an amazing entry point for traders.  As my loyal readers know my recent plays with low-floats and tiny market caps have created gains for readers.






I have already delivered 3 picks with triple digit gains in the last week and I plan on ITXN being my biggest winner yet!







I am extremely excited for trading to begin on ITXN.  Remember to trade smart, small gains add up don’t get greedy!

 

  


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