Buy Independence Energy

In: Tips

11 Mar 2013

HI Everybody,

Monday’s alert was up a modest 15% at its high.

Congratulations to those of you who were able to turn a profit.

We expect better of ourselves, and think Tuesday’s alert should help make it up.

Tuesday’s alert looks like it could be a very exciting trade.

This stock recently made a 480% move and after a pullback Monday looks ready for its next major run, let’s get right into it.

Our alert for Tuesday is Independence Energy, IDNG

The stock closed Monday at 2 cents.

IDNG is an oil and gas exploration and development company focused on projects
in the United States.

IDNG currently has 3 projects.

The Quinlan Wells Project, the Montcrest Drill Project…

And just announced last week the aquisition of the Coleman South Oil and Gas Land Package.

IDNG said of the acquistion: “This was an opportunity that we couldn’t pass up, not only because we believe the project has enormous upside, but also because we were able to negotiate a great deal with the previous holders to acquire the entire land package for no cash and without any dilution of our stock.”

IDNG also announced they had begun work to complete an updated geological report regarding the entire 1,400 acre land package.

This means we should be seeing some major announcements about this acquisition coming soon…maybe even this week?

Along with their other projects, IDNG, has the kind of potential we love to see in an oil & gas play.

It’s a great time to be involved in the US oil exploration business, the US is expected to produce 7.3 mln barrels per day this year, up from 6.4 mln in 2012, according to the Energy Information Administration. The International Energy Agency expects the US to surpass Saudi Arabia and Russia by the end of the decade.

Great story, and investors are already excited about the stock.

So excited they sent IDNG on a 480% move just last week. After pulling back it looks like the stock is ready for its next move.

Safe to say Tuesday could be a very exciting day for IDNG traders.

Make sure IDNG is on the top of your watchlist so you can join in the fun!

Free Stock TipsAs always, do your own research, don’t chase gaps, use limit orders to enter positions, always use stop loss orders to protect your position, and take profits when you are in a position to do so.

Good Trading

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