Buy New Western Energy Corp

In: Tips

24 Jan 2014

Hi Everybody,

We are very excited about Fridays alert so lets get right to it.

They have a GREAT story and are starting to receive some attention, and the stock looks ready to pop.

Our alert for Friday is New Western Energy Corp., NWTR
The stock closed Thursday at 18 cents.

NWTR is an oil and gas company with potential reserves in excess of 30 million barrels of oil.

Thats about $2.8 BILLION at today’s prices!

NWTR improved the infrastructure of its wells in 2013 setting up an exciting 2014.

NWTR completed two private placements in November raising $2.7 million giving it the capital to complete it’s current development and production goals.

NWTR recently signed an LOI to acquire Legend Oil & Gas. This acquisition will add 8 more properties and 117 barrels of production oil day.

Thats 4 million in additional revenue!

Clearly this company is moving in the right direction and with it trading under 20 cents a share when there is a $2 price target from a respected research firm, it looks like there is lots of upside ahead.
Make sure NWTR is on top of your watchlist Friday morning.

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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