NVXE - Another aggressive buy recommendation.
Stock Picks Upgrades Buy Recommendation for New Visual Entertainment (OTC:BB:NVXE) from "Strong" to "Aggressive," the highest recommendation possible.
New Visual Entertainment Corporation (OTC BB: NVXE) has received an aggressive buy recommendation from Stock Picks, a financial Internet publication located at stockpicks1.com. On Thursday morning, Stock Picks issued a "strong" buy order for NVXE and now upgrades its recommendation to "aggressive," the highest recommendation level possible. Stock Picks specializes in the coverage of stocks trading on NASDAQ's OTC bulletin board.
REPORT:
Following a strong buy recommendation on Thursday morning from Stock Picks, NVXE soared 25%, despite a significant tumble in all other markets.
The table below illustrates this:
DOW: Down 210 points LOSS OF (2%)
NASDAQ: Down 116 points LOSS OF (4%)
NVXE: Up $ 0.16 GAIN OF + 25%
At one point during the day NVXE was actually up 30%. Because Stock Picks expects this significant show of strength to continue tomorrow, it has modified its original "strong" buy recommendation to "aggressive," the highest (and rarest) recommendation level possible.
Furthermore, Stock Picks believes NVXE will continue to do well in the immediate future with stock target prices in the range of $4 in the near future and possibly significantly upwards of $25 within the year.
Stock Picks bases its optimism on the upcoming merger between NVXE and Astounding.com, a privately held Internet holding company that has developed several revolutionary technologies that could well change the way the Internet is used worldwide.
END REPORT
DISCLAIMER
Stock Picks has compiled this report from public records and it has not consulted with or interviewed any of the management of either NVXE or Astounding.com. All Stock Picks recommendations are made on an unsolicited basis and Stock Picks does not receive a fee for any of its buy recommendations and does not charge a fee for its buy recommendations to the companies concerned.
Any Stock Picks recommendation still involves a high degree of uncertainty and is at the investor‘ s individual risk. Many of our recommendations contain "forward-looking statements" that are based on assumptions made by information currently available to Stock Picks and to the general public. Such statements are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results will vary materially from those anticipated, estimated or projected and the variations may be material. Therefore no claim for any kind of warranty can or will be accepted by Stock Picks. Moreover, Stock Picks wants to stress once again that all our buy recommendations are based on subjective assessments that have been made exclusively on the basis of facts available to the general public. |
