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Our New Pick is PWEI
Hi Everyone,
PWEI had an amazing day closing 10% on strong volume. This shouldn't come as a surprise considering that the stock was trading close to $1.00 not so long ago. Bargain hunters and momentum investors are jumping on PWEI for the big move ahead. Members should strongly consider adding at these levels before the momentum gets out of hand and investors chase the stock to 50 cents plus.
Wall Street is just starting to take note of this pick...
Did you notice that institutional buyers are starting to bid on PWEI? We are seeing market makers and institutions bidding for large amount of shares in PacWest Equities Inc. The interesting thing is these institutions are the same that were bidding on our last pick before it moved from 13 cents to 75 cents.
Could PWEI soon see a similar run to 75 cents or more? We believe so. Here's why:
If you looked at the massive rally PWEI had a few months ago, you will understand why history could repeat itself (click HERE to see the chart).
Seeing how fast PWEI moved from around 10 cents to about 80 cents within days makes us feel that a similar bullish run is underway especially with all the large amount of accumulation that we are witnessing.
History tends to repeat itself and this previous gain of over 500% is about to happen again in our opinion.
PWEI already had a huge shareholder base considering that a large amount of shares were accumulated in the past. These shareholders are now buying again anticipating a similar if not bigger rally then the previous one.
Members that see the opportunity at hand know that buying PWEI at these prices could be a unique chance to profit tremendously from the rally ahead.
PacWest Equities Inc. already made 2 solid announcements, and we have a feeling that the Company is on a PR campaign to update its shareholders with more positive news. It is apparent that the market is bullish about the company and the stock is about to break through new highs as early as tomorrow.
Stay tune for more reports on PWEI, we will be profiling this amazing company for the coming weeks and we expect exciting development ahead for our members.
Happy Trading,
Your PennyStocksInsiders Editor
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