***ALERT *** We see EMWW running
DAMN GOOD PENNY PICKS Newsletter
If you are having trouble viewing this message, please go to http://community.icontact.com/p/damngoodpennypicks/newsletters/damngoodpennypicks/posts/alert-we-see-emww-runningSpotlight: EMWW Up 280% since we alerted it Wednesday and still moving.
On Wednesday one of our contacts in the PR/IR industry alerted us to EMWW (Structural Enhancement Technologies Corp).
EMWW specializes in marketing a patented mobile system used for painting or coating surfaces. Examples of some proprietary coatings used by the company include anti-microbial coatings and marine vessel hull protection coatings. The company also offers franchise opportunities for these products.
We liked the story and also liked that the float in EMWW is quite small. We actually liked the stock so much we decided to pick up shares in EMWW on Wednesday in the open market. We announced this on our Twitter and Facebook feeds and later mentioned this in our Thanksgiving note to you.
The day of our Wednesday alert, EMWW traded 8 million shares and closed up 55% at $0.02. The market was closed for Thanksgiving and when it reopened on Friday, EMWW rose another 90% to close at $0.038. In total, the stock has moved 280% since we first mentioned it on Wednesday.
We still believe this penny stock has more room to run and plan on holding EMWW as a play for at least a week, maybe longer depending on how we see it trade.
Some of you have commented that it is rare to see us mention we are actually buying stock as opposed to simply putting a stock on our watchlist or radar and thats true.
See, we often hear rumors of a particular stock poised to move or know of a good PR/IR group profiling a stock and we put those stocks on our watchlist and mention them to you. Some times these watchlist stocks do well. Other times, less so, but we figure we can all follow the information and benefit.
From time to time, however, we like a situation so much, or at least have enough confidence in a stock`s ability to move that we buy shares ourselves.
When that happens, as in the case of EMWW, we announce it.
With these type of personal picks, which we run into less regularly, we usually get it right almost 100% of the time.
If we`re buying a stock ourselves, we feel confident in telling other people to take a chance as well.
We feel good about EMWW and will likely hold through mid-to-late next week, maybe longer, but we`ll reassess our position in a few days, make the call and keep you posted. Right now were riding with it, might buy more, and are happy to present it to you.
Hope youve had a wonderful Thanksgiving weekend.
Jeff Mirkin http://www.damngoodpennypicks.com We answer all email.
P.S. We issue alot of quickie picks, alerts and other good information on Twitter and Facebook as to not clog your mailbox. Get social with us! TWITTER: [1]http://www.twitter.com/damngoodpicks FACEBOOK: [2]http://ww.facebook.com/damngoodpennypicks NOTE: Unlike most stock picks newsletters out there, we are never compensated for issuing any alerts. Though we are not licensed financial advisors, we call it as we see it. We are not perfect and investing in penny stocks — any stocks — is risky. Please remember you are responsible for your own actions. Do not invest money you cannot afford to lose and exercise common sense. Our alert should not be construed in any way as an offer to buy or sell securities. Our newsletter is for informational/entertainment purposes only. Please consult with a financial professional regarding your goals and risk profile before investing in anything.
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