SPNG turned every $1,000 into $28,000. We have another penny stock ready to go!
Greetings,
If you are a well researched penny stock trader, you have no doubt heard about SpongeTech Delivery Systems (SPNG : OTC Bulletin Board, $0.145).
If you have been a subscriber to Penny Stock Rockets, our free newsletter, you would have heard about SPNG long before everyone else. If fact, we wrote about SPNG when it traded at under 0.02/share, and once again urged our subscribers to take a serious look at it when it dipped under 0.01/share.
Take a look at what happened to shares of SPNG in the past several weeks:
SPNG Chart
The stock ran from under a penny to reach a high of $0.285/share. That is a whopping 2800% return, in less than three months.
Penny Stock Rockets picked up on SPNG after we noticed how management was implementing their business model - investing heavily into growth and marketing. It’s quite simple, yet many companies simply do not follow the strategy. In fact, we were quite pleased to see TV advertisements for SPNG on national business channels, giving us further confidence in this stock pick.
It worked out fantastic, and our readers have walked away with incredible profits.
The good news is, we have uncovered another penny stock - this one is in a completely different industry; they are profitable, quarter after quarter; revenue is steady to growing, even in this difficult economic environment; and the government is completely onside in their industry. Best of all, they are investing heavily in growth through marketing and acquisition.
Now have a look at the chart of this company:
The Next Runner
You can see the stock has started it’s march upwards, as news release after news release indicate growth and stability. The company has a healthy cash position, and still trades at a P/E (price to earnings ratio) of less then 4, even with an aggressive growth strategy in place.
This stock can easily run to over $1.20/share in the short term, for a 200% potential gain, and low risk.
We will be profiling this stock over the weekend - DO NOT MISS OUT ON THIS STOCK - Be sure to subscribe to our free newsletter right away.
See you on board,
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