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Tuesday, May 3, 2011

Atlantis Internet Group ( PINK:ATIG) gain back to 52 week high today

Atlantis Internet Group Inc ( PINK:ATIG)
Atlantis Internet Group ( PINK: ATIG ), company involved in online gambling has started a momentum a week ago and after a rise of more than 1000% it has shown a profit booking and gave up some of its gain, but finally stock started rising again and today it had touched all time ( 52 week ) high to $0.03. As we mentioned earlier that the story behind the move is pending congress bill to legalize online gambling, which supposed to clear my april end  but there is no news as of now from Congress. Traders have started accumulating the stock in the hope that bill will be passed as Congress has a pressure to increase tax revenue of states to help budget deficits.

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