|Good afternoon everyone,
(NASDAQ: MNGA) has been performing as expected, we had a wall at the .98/.99 level that needed breaking on day one of our coverage. After everyone had a chance to read our full report overnight that wall didn't seem to be a factor today. We not only blew through that but hit a high of $1.12/share on day two representing gains of over 17% from the average entry of .95/share.
We do not think this one is done as MagneGas announced today-
MagneGas Signs Distribution Agreement with Leading Industrial Gas Company to Supply FDNY and Multiple Northeast Utilities
We have an OTC security with the smallest price and float that we have alerted in over two years coming this week Friday October 2nd at market open.
Good afternoon everyone,
Update (MNGA) below is a link to our full report which highlights the reasons we like MagneGas as one of our top fall picks.