Here is the email from Damn Good Penny Picks (http://www.damngoodpennypicks.com):
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There are few companies we have felt more confident in profiling than our new pick: WRGL. Our last alert on Thursday night, LCHL, ran 42% on Friday. We believe WRGL will do better.
One look at its chart shows one reason for our excitement: WRGL has been rising EVERY SINGLE DAY for more than a month, evidencing incredible strength and momentum.
And every single technical indicator is through the roof: EMA, MACD, RSI, TDD all indicating WRGL is likely to keep on moving strong.
One of the best technical stock analysis sites on the Internet, StockTA.com, has issued extremely strong bullish indicators for WRGL. The entire analysis is here: stockta.com
Another great technical analysis site, Barchart.com, has a “STRONG BUY” rating on WRGL.
Just recently the company announced reducing its outstanding shares by a whopping 62%. This means that if you are holding one share of WRGL, you now own more than double the percentage of the company compared to just a week ago. The press release can be viewed here: dailyfinance.com.
The reduction in outstanding shares is a strong anti-dilutive move and a sign that management is serious about shareholder value.
As if the trend, technical indicators and share reduction were not enough, the company is involved in an enormous and growing market: online education, focusing on secondary and vocational course offerings.
One out of three students in the United States drop out of high school and that number is closer to 50% in large cities.
Millions of dropouts now find they need a high school diploma whether to join the armed forces, enroll in community college or to boost their job prospects.
Soaring unemployment and a tough economy has encouraged many people to seek the education and skills needed in today's job market.
WRGL is targeting this vast market through its online course offerings and expects soaring growth. According to the U.S. Department of Education, this sector, already enormous, should grow by 50% by the year 2012.
Because of the hot sector it is in and because of the incredibly bullish technical indicators for the stock we like WRGL. Put it on your radar screen immediately. So far damngoodpennypicks has been batting almost a perfect average in finding winners.
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Please, never invest more than you can afford to lose and always seek the advice of your investment consultant before buying any security.
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