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If you want to find a company to invest in, why not start in an industry that is one of the worlds fastest growing? Our newest play—SNRY, is working on generating as much as $750 million in revenue within a 6 year time period. During the first year of development of its 300 megawatt solar park in west Texas, the project will generate over $100 million in sales. For all the details on this 300 megawatt solar park check out the latest PR here “The Solar Park Will Be the World’s Largest Non-Utility Owned Solar Park to Be Created in the Americas”
We all know that going green and finding alternate forms of energy are big topics in today’s news. Solar energy is so big that SNRY just received federal funding that should help generate revenues. Here is the PR discussing the funding “As part of the federal government’s nearly $800 billion recovery program, more than $467 million is being awarded to expand the development of solar energy” Solar could very well be the wave of the future and powering your home with solar energy might not be too far away. SNRY is currently working on s project to get solar to not only businesses but for residential areas too. The most current 300 megawatt project could produce enough energy to
provide power to approximately 60,000 homes. SNRY also has access to some HUGE companies within its network. The Company’s dealer network of solar energy installers has access to Suntech Power Holdings Co., Ltd. (NYSE:STP), BP Solar (NYSE:
href="http://click.icptrack.com/icp/relay.php?r=54301684&msgid=706426&act=XVIY&c=327844&admin=0&destination=http%3A%2F%2Fus.lrd.yahoo.com%2F_ylt%3DApcFoHT4SZ59ScKKelUzlQzjba9_%3B_ylu%3DX3oDMTBzNXI4amNhBHBvcwMzBHNlYwNuZXdzQXJ0Qm9keQRzbGsDYnA-%2FSIG%3D16s75b7dl%2F%2A%2Ahttp%253A%2Fcts.businesswire.com%2Fct%2FCT%253Fid%3Dsmartlink%2526url%3Dhttp%25253A%25252F%25252Ffinance.yahoo.com%25252Fq%25253B_ylt%25253DAizbA2xPCtOZCs_EzIyjb0Tjba9_%25253Fs%25253Dbp%252526d%25253Dt%2526esheet%3D6017500%2526lan%3Den_US%2526anchor%3DBP%2526index%3D4">BP) and GE Solar (NYSE:
href="http://click.icptrack.com/icp/relay.php?r=54301684&msgid=706426&act=XVIY&c=327844&admin=0&destination=http%3A%2F%2Fus.lrd.yahoo.com%2F_ylt%3DAj.qaDepGxz1Ve5Awfl.JZXjba9_%3B_ylu%3DX3oDMTBzbGxsanVuBHBvcwM0BHNlYwNuZXdzQXJ0Qm9keQRzbGsDZ2U-%2FSIG%3D16s0nrdd7%2F%2A%2Ahttp%253A%2Fcts.businesswire.com%2Fct%2FCT%253Fid%3Dsmartlink%2526url%3Dhttp%25253A%25252F%25252Ffinance.yahoo.com%25252Fq%25253B_ylt%25253DAqTuknFVgPSa9tgg5eebiMrjba9_%25253Fs%25253Dge%252526d%25253Dt%2526esheet%3D6017500%2526lan%3Den_US%2526anchor%3DGE%2526index%3D5">GE) equipment via its distribution agreements.
Technically speaking SNRY is at solid support here in the .37 to .43 ranges. Resistance is at .52 .575 and .70 tops. SNRY is also in a very bullish “Symmetrical Triangle” pattern where the price per share on the dips is getting higher and higher suggesting buyers are becoming more and more attracted to the price before it gets lower than previous lows. Plays like this are ones to really watch because once they start going they could really explode to the upside.
We recommend you keeping a very close eye on SNRY today as well as in the future because alternate forms of energy aren’t going anywhere and they should attract even more investor’s attention as time goes on and millions of dollars get pumped into expansion and research of these companies. So SNRY could potentially be a very nice longer term investment play as well.
4828 S. Broadway #182
Tyler, TX 75703
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