Oil sector watch, NSPT
Apr 2nd, 2009 by beststockreport
microcapalliance to me
show details 9:25 AM (14 hours ago) Reply
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April 01, 2009
Newron Sport (OTC:NSPT)
Price: .005
Comments: Up nicely since our letter on the 26th – today the Company announced that it entered negotiations with reputable French sports distributor, Okespor to begin distribution in France.
The deal between Newron Sport and Okespor, could potentially allow Newron Sport to begin distribution in France and into Western Europe for its patented inline skates, the Touron and the Trainon.
Mr. Robert Ritondo, President of Newron Sport, stated, “We have been seeing a great amount of interest from retailers and distributors and even more so, since the Hockey Expo we did, just a few weeks ago.”
“We are very excited about the direction that Newron Sport is going and now that such a prominent distributor such as Okespor has shown great interest in distributing our product, we feel we are just gaining traction,” concluded Mr. Ritondo.
Oil Stock Success
We racked up some pretty good gains on our oil stock watch that we issued on the 26th – lots of little pockets of opportunites have yielded nice gains so far this year. Stem cells, copper stocks, oils stocks, etc. I would also start watching alternative energy stocks like Beacon Power (NASDAQ:BCON), (.49/share) over the summer – we’ve also picked up some of this one.
From 03/26 to 04/01:
Txco resources (NASDAQ:TXCO), .50/share to .55, +10%
Aurora Oil & Gas (NYSE:AOG), .0567/share to .08 +41%
Kodiak Oil & Gas (NYSE:KOG), .26/share to .39,+50%
Also, Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ:QTWW) went from .7355/share to .95/share, +22%
Going Forward – Trades for the summer
A lot of the focus will continue to be on commodities, especially oil stocks. I would expect oil prices to see a decent amount of volatility for the rest of the year, but i’m keeping my fingers crossed that we will see at least $60/barrel by late spring when driving demand peaks out. Of course, we can’t forget the Federal Reserve’s commitment to inject about $1 trillion into the economy as part of a financial rescue plan – this will cause money to move into commodities as a hedge, which we are already seeing. The thing to watch out for is when demand starts increasing as we make our way out of this financial mess; that’s when we could see oil really explode to the upside quickly, especially since OPEC is keeping supplies tight.
Good luck and happy hunting! – Dave Reiner
Disclaimer
Microcap Alliance discloses to the readers of this information that it was compensated five hundred fifty five thousand shares of Newron Sports, Inc. from third party non-affiliate Xsell Marketing for consulting services and coverge. We are going to sell those shares at any time. Microcap Alliance, Inc. or its officers may buy or hold, has sold, is selling and will sell common shares of mentioned companies, in the open market or in private transactions at any time without notice. Microcap Alliance, Inc.’s services for a company may cause the company’s stock price to increase, and thus Microcap Alliance, Inc. would make a profit when it sells its stock in a company. Also, Microcap Alliance,Inc.’s selling of a company’s stock may have a negative effect on the market price of the stock. Microcap Alliance, Inc. purchased five thousand shares of Kodiak Oil and Gas in the open market and we are going to sell those shares at any time. Microcap Alliance, Inc. purchased three thousand eight hundred shares of beacon power on the open market and we are going to sell those shares at any time.
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