Trade Alert Reason #1
You might remember HWIC Global, Inc. (HWIC) from the big 30% to 40% wins this "clean room" manufacturer earned us awhile back.
Since then, HWIC has kept signing massively lucrative contracts to supply some of the world's leading hospitals, laboratories and manufacturers with sterile facilities...at about $140 per square foot! (Read more)
That's not exactly cheap, and these aren't tiny closets we're talking about, either, so HWIC is rolling in revenue on every deal that comes in.
Some of these facilities can get into the 10,000 square-foot range -- that's a 1/4 acre filled with hi-tech proprietary PVC walls, vents, power and HVAC, all included for maybe $1.4 MILLION. (Read more)
No wonder HWIC got to brag in its latest quarterly numbers that sales are up 80% on a year-over-year basis! (Read more)
Talk about a growth play! And with all the hospitals begging HWIC to bring their pharmacies up to the new "USP797" standard last quarter, you can see why the action has heated up on this once-obscure ticker.
Trade Alert Reason #2
Flash back to the last few weeks of 2011. HWIC's normally "frisky" chart had become an all-out battlefield as the shorts who controlled about 50% of the turnover ran into what looks like entrenched opposition and sent shares swinging 60% a day.
Now, according to FINRA filings, HWIC shorts have finally admitted defeat, giving the chart a chance to catch its breath...and when I saw where the price action had come to rest, I knew I had to get this stock in front of you FAST!
You see, whenever HWIC has dipped to the $0.01 to $0.011 level in the recent past, these shares were trading back up at $0.024 to $0.03 the very next session!
Sure enough, HWIC got its first dose of 3-digit action in ages yesterday, a whopper that broke all the way up above $0.05. So where do we go from here?
In the past, HWIC's 3-digit "aftershocks" have run for days...check out late December for back-to-back 100%-plus action...and face facts: yesterday's history-breaking move means that we're in an all-new game now.
Chart Analysis:
HWIC is currently well above all the trend lines and back testing levels we haven't even gotten to think about since October!
STO is pointed straight up after Monday's action let the world know HWIC is back in play.
RSI smashed the center line, a pretty good indication that momentum is on HWIC's side for the first time in months.
MACD took a big jump above signal...and above zero.
The HWIC trend looks positive!
Company Snapshot
HWI Global, Inc. (HWIC) builds hi-tech “clean rooms” for hospitals, research labs and manufacturing facilities.
Market Stats:
HWI Global, Inc.
OTCBB: HWIC
Previous Close: $0.046
Last Sale: $0.051
% Change: +10.87%
Volume: 6,264,847
3-Mo. Avg Vol: 24,973
52 Wk Range: $0.01 - $0.50
See you on the boards!
Terry Slanton
~ and the staff at Penny Stocks Finder
