Penny Stock Insider uncovers major corporate news events and active accumulation in stocks. We have used our insight to identify large block buying and insider purchasing to pick out the big winners in the market. We recently highlighted FNIX at .14 with a target of .75. FNIX hit a high of 1.19 in 10 days. We picked TIDE at .39 setting our target at 1.10. It hit 2.06 in 15 days. Penny Stock Insider turnaround situation of the year:
Arete Industries, Inc. OTCBB: ARET Recommended Price: .04 Target Price: .20 in 10 days ARET just released major news and we believe there is much more to follow. There is strong evidence of big block buying indicating that an explosive move is coming on a huge near-term announcement. ARET has expanded strategic partnerships in the energy sector relating to high profit producing fields in 4 major oil-producing states. ARET announced the closing of a financing commitment capped at $100 Million which will fund the Company's energy projects. The Company has a market value round $1 million which we believe will enable the stock to move very quickly as the value of their oil and gas deals are revealed. DISCLOSURE: The information and opinions in the Penny Stock Insider (PSI) stock profile are based on sources believed to be reliable but no representation is made to its accuracy or completeness. Past performance is not an indicator of future results. This report is a paid stock profile and is for information purposes only and should not be used as the basis for any investment decision. PSI has been compensated ten thousand dollars for the preparation of this profile and for continuing coverage of the featured company. PSI is not an investment advisor and this profile is not to be considered investment advice. This information is neither a solicitation to buy nor an offer to sell securities. Information herein contains forward-looking statements and is subject to significant risks and uncertainties. PSI is not a holder of any shares and will not participate in the trading of shares of any profiled company.
