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Sauer Energy (OTC BB: SENY) Holding Its Own |
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There's been two new ideas in the last week. One's a bit like kissing your sister right now- not much to it yet- the other- remember your SSLs.
SENY- the company introducing a wind turbine for designed for residential use, is certainly having its way from a volume perspective- price wise, it's not out of the gates quite yet.

Despite the fact the stock is down a whole half penny from my Friday morning entry level, the chart still gives one reason for optimism. As you can see from the bars on the bottom, the volume has been building each day, and with a hour of trading left, it's the highest volume this week. The stock made a low and reversed.
The next few days are critical. If the volume continues, and the stock starts to get some momentum to the upside, we could be off and running. Keep a careful eye, and if you're not in, it's not too late. Nothing has changed- upside target $.90- SSL $.38.
Stevia Corp (OTC BB: STEV), on the other hand, has not done well. Entry level on that stock was $1, and the SSL was $.85. The second day into the idea, despite last week's volume explosion, STEV is trading at $.83. As I've pointed out in the past, making a return on your penny stock dollars is not about finding winners. I've proven I can do that. It's about minimizing the losses. This is the risk end of the market, and you should understand that going in. Minimize your losers, and you'll make money.
There's your update for today. I'm watching both stocks for turns up, and I'll be on top of it if there's a major transformation in either of these stocks.
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