Newsletter

New Trade Alert: Petrotech Oil & Gas, Inc. (OTCQB: PTOG)

Oil and gas is still very sexy despite what many so-called pundits on Wall Street would care to think. And do you know what is even sexier? An oil and gas company that dabbles in the exploding medical marijuana space!

My latest chart-buster is everything you can imagine in a hybrid play and more.

Yes folks, I have a hybrid play that is right now heating up into a potential winner and I want you to jump in before the sharks infest the water and make things difficult.

A good place to start is a little background so here we go… PTOG is in the Enhanced Oil Recovery business and uses a mix of its own patent technology to develop pumping systems for the oil industry.

In recent weeks the company has added another sector to its repertoire by moving into the extremely lucrative cannabis space (but more on that below).

Right now PTOG is a prime target for trading due to its dynamic strategic posture and I would be neglectful of my commitment to my readers if I failed to bring this company to your full attention.

So what makes PTOG worthy of a look – right now!?

The first big thing is news that PTOG has actually begun selling gas from its 4 producing wells. From a revenue standpoint this is market-pleasing news and perhaps helps to explain why Wall Street has taken a bullish approach towards the company.

PTOG announced in early February (7th), that it has rebuilt and gravelled all of the lease roads, the tank battery, and well sites that now allow for all-weather access. This has paved the way for rapid deployment of equipment to capitalize on the company’s drilling permit that was approved on January 29, 2013.

"We are very excited as we get closer to completing our first project, we are already pumping gas, and will see revenue begin to come in over the next 30 days, and as soon as the weather breaks we can shoot the first well that's been drilled and get into oil production asap," said Eddie Schilb, president of PTOG.

Take a peek at the exciting development here: http://finance.yahoo.com/news/petrotech-oil-gas-begun-selling-134500598.html

But don’t get too bogged down by that news because PTOG has delighted the markets even more with news that the company has taken bold steps to enter the legalized cannabis market. This market as you may know is currently exploding and in Denver alone, shops selling the green plant made nearly $600 million last year.

PTOG has just secured a national resource development program that lets it compete and secure a leadership position in the exploding cannabis industry. Full release can be read here: http://finance.yahoo.com/news/petrotech-oil-gass-subsidiary-lp-133000640.html

On the technical side things are every bit as robust and PTOG’s 52-week high of 40 cents is a huge catalyst.

RSI is just 60 which means huge room to capitalize and take gains. Recent has set up the play for a potentially huge breakout.

And just so you know, PTOG in the last five days has rallied as high as 234%! That one day bonanza came on the back of huge volume and pretty much defines the mode that the play is in right now.

You really can’t go far wrong by taking a look at PTOG, folks – the gain potential is just too monstrous for you to ignore.

Start your research right now. Stay tuned for further updates on PTOG and begin your due diligence HERE.

Don't forget to look here for the news that PTOG announced recently HERE.

Get ready for the fireworks!

-HotStockProfits Team

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