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PWEI: Call 911 It's On Fire
Good afternoon!
My Tuesday evening alert at $0.71 of PWEI roared out of the gates on Wednesday to close 10% higher and today continued moving higher hitting an intraday high of $1.02 for another 24% gain. More than $2 million traded hands today.
Some of you had written to me after the original alert moaning that the stock was "too expensive" but as I had mentioned in my original report -- and as you can see -- this stock is as liquid as it gets, has been on a two-week momentum streak, and had been heavily shorted. It was something of a no-brainer: no one was getting stuck and money was to be made. That's what spurred me to issue the alert.
While a run in two days from $0.71 to $1.02 is nothing to sneeze at I was hoping for a bigger move. Still I'll take it and thank you all who wrote saying you had benefitted from the opportunity.
You can always reach me at info@damngoodpennypicks.com with questions or comments. I'm researching several new picks at this moment.
Regards,
Jeff Mirkin
info@damngoodpennypicks.com
P.S. Remember to sign up for my free text alert service by simply texting the word "damngood" to 25827. You'll be subscribed immediately and should receive a response from my system. If you have any trouble subscribing just email me and I'll help you out.
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