Thursday, June 4, 2009

NEW TRADE ALERT - SPNG buy at 0.06

This is stock that I have been monitoring for a long time.

 

SPNG

 

Strong buy at market open, anywhere from 0.04-0.06 is a good price to enter.

 

Reasons.

 

-        Wants to be listed in NASDAQ

-        Has  very high revenue this year due to recent large orders

-        Has orders from COSCO

-        Waiting for orders from WALMART, Walgreen

-        Has a new product (SPONGEBOB Sponge) which is promising

-        Low market capitalization

 

TARGET- 0.50

 

10X, risk -50%.

 

VERY GOOD BUY

 

$10,000 in this too for me.

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