Premier Alliance Group's new contracts, increase in volume makes it a stock to watch @ Seeking Alpha; $PIMO

Premier Alliance Group's new contracts, increase in volume makes it a stock to watch @ Seeking Alpha; $PIMO

Premier Alliance Group (OTCBB: PIMO; Twitter: $PIMO) is a leading provider of business and technology advisory and consulting services. Practice areas of expertise encompass Governance, Risk & Compliance (GRC), Business Performance & Technology, and Finance & Accounting. Premier's Greenhouse division is a leading provider of energy efficiency and sustainable facilities solutions. The division designs, engineers and installs disparate products and technologies that enable its clients to reduce their energy costs and carbon footprint. Its target markets for energy efficiency solutions include government and military, as well as commercial and industrial markets. Premier Alliance Group is headquartered in Charlotte, NC.

Premier Alliance was mentioned in the Weekly Stock Watch by VFC's Stock House on Seeking Alpha. The Weekly Stock Watch examines news items, stocks and stories that made headlines during the previous trading week, which may also make headlines or influence trends during the upcoming week as well. 

VFC's Stock House wrote that Premier Alliance "is primed to take advantage of the increased regulation pouring out of Washington and state governments these days, especially in relation to energy incentive programs, and a slew of new orders banked earlier this year provide a key example of the company's pattern of success in building a solid foundation behind its advisory and consulting divisions. The increase in volume and wide trading range last week could be an indicator that investors are taking positions in the company as it continues to grow its customer base."

He continued,

"With a market cap of just over ten million, Premier is building a customer and investor base that could fuel significant growth in the future. One key from the recent deals is the 'in' that the company secured with the Department of Defense by providing an energy audit for two military bases in California.

The contract is significant because it is believed to be the largest-ever of its kind, but also because the DOD often comes back to established contractors for repeat services. As the price action looks to stabilize after a volatile week, PIMO.OB will be one to keep on the stock watch lists."

Read the full article at Seeking Alpha.