SNWT is Being Accumulated.
Roughly two weeks ago the stock was sitting at .10. After some accumulation on pretty heavy volume SNWT catapulted to .19. After some profit taking, the stock settled in around the current levels of .15. The best part about SNWT is that it is liquid!!! It has been hanging in there very strong even with the profit taking going on. We think that we can see SNWT retest the recent highs of .21 if the stock continues to trade in its recent pattern. That would be a nice short term gain of over 30%!!
If you look at the chart, there is evidence of a higher amount of accumulation than we normally see with SNWT. The company is definitely not shy with PR’s, which is a good thing. If you have been trading penny stocks for a while then you already know that these companies usually do not move without news.
The company just announced yesterday that they are launching a new domain to add to their arsenal of successful e-commerce sites. http://finance.yahoo.com/news/San-West-Inc-Launches-iw-22306496.html?x=0
Two Major Reasons We Love SNWT!!!!!
#1. San West, Inc. (SNWT) Enters into $3.2 Million Partnership with Second Largest Online Dealer in U.S. (Friday, October 9th, 20009):
The Partnership expected to put company into "Top-Tier of Internet Commerce" within sector. Having served over 25,000 customers since 2004, CountyImports.com is the second largest online dealer in the United States, grossing an estimated $3.2 million in revenue for 2008. Top-rated by leading search engines such as Google, Yahoo!, Ask, AOL and Bing; CountyImports.com performs more consistently than any other online site in its industry. The website is fully automated with most products drop-shipped directly from the manufacturer.
#2. San West Announces 53.4% Revenue Increase and Witnesses 945% Year-Over-Year Quarterly Revenue Growth
The Company reported revenues for the third quarter of $217,099, an increase of 53.4% compared to $141,534 for the third quarter last year, when San West was a private company. The year-over-year increase was primarily due to the inclusion of Buggy World sales in 2009 as a result of its acquisition in August of 2008.
More Major Highlights of the Past Year:
- Merger with Human BioSystems, Inc. making San West a publicly traded company on the OTC Bulletin Board
- Increased Buggy World part sales/repair shop income by 35%
- Opening of new Buggy World location in Fallbrook, CA, expected to increase revenue by 30%
- New Buggy World representation of top rated product lines such as Fox Racing and Thor
- Redevelopment of Buggy World website with greater focus on online retail, off-road community and social portal
- Awarded exclusive TrophyKart dealership for San Diego County
More About SNWT:
San West designs, manufactures, sells and repairs off-road buggies, and additionally provides aftermarket performance products and accessories for off-road buggies. Products are sold via three divisions: at retail store locations, via the online store and through its growing dealer network. Buggy repair services are sold and fulfilled at the Santee, California retail location. For further information about San West Inc., visit www.CountyImports.com, href="http://click.icptrack.com/icp/relay.php?r=1029608896&msgid=1890521&act=I23V&c=412887&destination=http%3A%2F%2Fus.lrd.yahoo.com%2F_ylt%3DAhKp3rIc.fHak.JAlhM9276tcq9_%3B_ylu%3DX3oDMTE2ZzdlcmNqBHBvcwMyBHNlYwNuZXdzYXJ0Ym9keQRzbGsDd3d3Y291bnR5aW1w%2FSIG%3D116e7j9d9%2F%2A%2Ahttp%253A%2Fwww.CountyImportparts.com%2F">www.CountyImportparts.com, www.BuggyWorld.net, href="http://click.icptrack.com/icp/relay.php?r=1029608896&msgid=1890521&act=I23V&c=412887&destination=http%3A%2F%2Fus.lrd.yahoo.com%2F_ylt%3DAl9W83hnZcFnsu.TxVZ5C3mtcq9_%3B_ylu%3DX3oDMTE2aHRjMGhuBHBvcwM0BHNlYwNuZXdzYXJ0Ym9keQRzbGsDd3d3c2Nvb3RzcGVl%2FSIG%3D1138m05rv%2F%2A%2Ahttp%253A%2Fwww.scootspeedshop.com%2F">www.scootspeedshop.com and www.SanWestInc.com.
*Always make your own investment decisions and do your own research*
PennyStockExplosion
*********************************************************
The disclaimer is to be read and fully understood before using our site, or joining our email list.
advice. All information on featured companies is provided by the companies profiled, or is available from public sources and Pennystockexplosion.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. We have been compensated twenty thousand dollars for a one time news alert on SNWT by a third party, BlueHorshoe. Pennystockexplosion.com, nor any of its affiliates are not registered investment advisors or a broker dealers. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead Pennystockexplosion.com strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks.
Pennystockexplosion.com does not offer such advice or analysis, and Pennystockexplosion.com further urges you to consult your own independent tax, business, financial and investment advisors. Investing in micro-cap and growth securities is highly speculative and carries and extremely high degree of risk. It is possible that an investor’s investment may be lost or impaired due to the speculative nature of the companies profiled. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be "fwdlooking statements". Fwdlooking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks of uncertainties which could cause actual results or events to differ materially from those presently anticipated. Fwdlooking statements in this action may
be identified through use of words such as "projects", "foresee", "expects", "will", "anticipates", "estimates", "believes", "understands", or that by statements indicating certain actions "may", "could", or "might" occur. Understand there is no guarantee past performance will be indicative of future results. In preparing this publication, Pennystockexplosion.com has relied upon information supplied by its customers, and press releases which it believes to be reliable; however, such reliability cannot be guaranteed. Investors should not rely on the information contained in this website. Rather, investors should use the information contained in this website as a starting point for doing additional independent research on the featured companies. The advertisements in this website are believed to be reliable, however, Pennystockexplosion.com and its owners, affiliates,
subsidiaries, officers, directors, representatives and agents disclaim any liability as to the completeness or accuracy of the information contained in any advertisement and for any omissions of materials facts from such advertisement. Pennystockexplosion.com is not responsible for any claims made by the companies advertised herein.
|
|
