Text Size
   
YouCMSAndBlog Module Generator Wizard Plugin

ACAR

 ACAR: Active Care Inc is today's Healthcare Momentum Play. Read our full profile below and put  ACAR on your watch list . Today's play has the potential for a major breakout all members should strongly consider picking up shares of ACAR early @ 9:30am EST to maximize profits on what could be PennyStockLocks 5th winner in a row!!!

Symbol: ACAR.ob

Current PPS: $0.49

10 Day Avg. Volume: 4.7K

Outstanding Shares: 35.5M

Float: 10.6M

About The Company:

Active Care, Inc. (ACAR) is a leader in care for the elderly, disabled or chronically ill.  ACAR's line of products allow their users to continue a free and independent lifestyle, while at the same time providing them with the security and peace of mind that their health is being monitored 24/7 by ActiveCare's CareCenter specialists and ACAR's cutting edge product line of health care technologies.

ACAR just released huge news today regarding the appointment of David S. Boon as their new Chief Executive Officer. Mr. Boone has reputation for breeding success in the healthcare industry and creating gains for his company's shareholders. His most recent accomplishment was as CEO of American CareSource Holdings, where they saw revenue increase from $5 million to over $75 million and market capitalization from $19 million to over $140 million in less than 5 years. Current and future shareholders should be happy to know that Mr. Boone is committed to the goal of making ACAR the industry leader in a market set to grow over $15 billion within the next nine years!

ACAR had been trading lightly as of late but with this recent groundbreaking news we saw a huge surge in volume before the close and the PPS shot up +22.50%. PennyStockLocks feels this could just be the start of a huge momentum run and we may see a huge breakout early today.

Website: www.ActiveCare.com

 

PennyStockLocks "Key Points" on ACAR

  • Just yesterday, ACAR announced that they appointed a new CEO to lead the company to their goal of becoming the industry leader in Telemonitoring. During his tenure as CEO of American CareSource Holdings, the company's revenue increased from $5 million to over $75 million and market capitalization grew from $19 million to over $140 million in less than 5 years. Read the full press release below.
  • The Telemonitoring market is valued at an estimated $17 billion; ACAR is part of this billion dollar market that provides 24/7 Active Care Center services.
  • The Telemonitoring market is expected to grow immensely; it is estimated that the nation’s population of people 65 and older is anticipated to double by 2030.
  • ACAR's products and services address the needs of the 36 million seniors and the 78 million baby boomers; the telemonitoring market can save society nearly $500 billion in savings each year.
  • The average cost of nursing home's continue to rise as the quality of care diminishes. Family's are now looking for less expensive alternatives like ActiveCare to help offset the cost of overpriced nursing home's while still recieving 24/7 quality health care service for their loved ones.
  • Hospital and healthcare patient's visits have become shorter due to increased medical costs; ACAR's products and services, such as ACAR’s Home Monitoring System, allows the elderly, disabled, and ill to be effectively monitored outside professional care centers.
  • President Obama’s American Recovery and Reinvestment Act of 2009 provides for $20 billion in research and development funding for new medical technologies; telemonitoring companies such as ACAR are eligible for this financial aide.
  • Yesterday's breaking news brought on a huge surge in volume. CEO's with proven track records like David S. Boone don't come along to often and with his reputation for increasing shareholder value we can expect the surge in volume to continue today as smart investors grab their shares early in the AM.
  • Taking a look at the chart below, PennyStockLocks anticipates that ACAR is ready for a repeat run past previous highs!
  • Last time we profiled ACAR members saw +33.33% in gains from our initial alert.
  • We heard a rumor that there may be even more ground breaking news today that could positively effect the PPS.

All members should strongly consider picking up some shares of ACAR. This could be the breakout stock of the week.....Follow PennyStockLocks on Facebook & Twitter for the latest news and updates on ACAR!!!

ActiveCare, Inc. Announces a Newly Appointed CEO
 
9:20a ET October 17, 2011 (PR NewsWire)
 
ActiveCare, Inc. (ACAR.OB) a leader in senior care technology, announces the appointment of David S. Boone as Chief Executive officer. Mr. Boone has 15 years of extensive experience in the healthcare industry bringing a depth of experience to ActiveCare. Most recently he was CEO of American CareSource Holdings, where he took the company from $5 million in sales revenues to over $75 million in revenues and from a $19 million market capitalization to over $140 million in less than 5 years.

In conjunction with this new appointment, Jim Dalton will continue as the Company's Chairman and visionary. "I am grateful to have the talent and energy of David Boone as CEO who will further the implementation of our vision of having ActiveCare becoming the leader in a market that promises to grow to over $15 billion over the next 9 years," stated Jim Dalton, Chairman of the Board.

Mr. Boone brings with him a wealth of knowledge and experience in the areas of business development, strategy, finance and operations. He graduated in accountancy from the University of Illinois in Urbana Champaign, and earned his MBA from Harvard. In addition as serving as the CEO of American CareSource, he held executive positions with CIGNA, The Boston Consulting Group, Kraft General Foods, PepsiCo., Safeway Corporation and Belo Corp. In addition, he was the 2009 Ernst and Young Entrepreneur of the Year winner for Health Care in the Southwest Region.

About ActiveCare:

ActiveCare, Inc., (www.activecare.com) is the service leader in care for the elderly, disabled or chronically ill providing deserved freedom while allowing members to remain living independently longer. ActiveCare's technologies include the ActiveCare CareCenter, the ActiveWatch(TM) or ActiveOne+(TM) PAL, the Active Home and the ActivePortal.

The ActiveCare solutions incorporate technologies that allow a member to be monitored on the go or within their own home. ActiveCare's patented, one button emergency cell phone allows their members and their family or caregivers to have the peace of mind that ActiveCare's 24/7 CareCenter(TM) is there if needed. ActiveCare's GPS technology, transmitted through the ActiveWatch(TM) or ActiveOne+(TM) PAL can track a patient's movements, locate them in times of emergency or crisis, and provides location for emergency response personnel. With our technology, members can instantly contact a CareSpecialist(TM) with the press of a button or automatically when a fall occurs.

In addition, ActiveCare has developed solutions that allow seniors or the chronically ill to have their health conditions monitored by ActiveCare's CareSpecialist in the ActiveCare CareCenter. Through ActiveCare's sensor technologies, coupled with the CareCenter, ActiveCare can track vital signs such as heart rate, blood pressure, weight and glucose levels and connect patients to on-call nursing or other professional caregivers.

FREE Stock Alerts

 

Partner Sites

Follow Us On

As Seen On...

IHUB

MarketWatch

Yahoo Finance

Google Finance

MSN

Penny Stock Picks