Buy Scorpex

In: Tips

10 Aug 2011

Hello All,

It looks like after a huge close on the DOW, confidence is coming back into the markets. So we have a company to bring you today that should help you take advantage of this increased confidence.

Wednesday’s alert is a recession proof company.

The stock is in a nice position on the chart.

Here’s what the indicators say about Wednesday’s alert:

20 – 50 Day MACD Oscillator Buy
50 Day Moving Average vs Price Buy
20 – 100 Day MACD Oscillator Buy
100 Day Moving Average vs Price Buy
50 – 100 Day MACD Oscillator Buy

With this kind of chart setup, combined with increased exposure people should be very excited about this stock.

Our alert for Wednesday is Scorpex, Inc., SRPX, and the stock closed Tuesday at $1.46.

Here’s some information to get you started:

SRPX is focused on becoming a leader of hazardous and toxic waste disposal in the Baja Mexico/California region where demand for waste management exceeds capacity.

SRPX’s first plant in Ensenada, Mexico is strategically positioned to accommodate the vast region of Baja California, Mexico.

SRPX has constructed a 10,000 square foot storage facility, water reservoir and septic system, sprinkler system, and security fence and is in the process of developing other necessary infrastructure on its 26-acre site.

SRPX has methodically developed the plan of constructing such a facility by retaining numerous knowledgeable real estate and legal consultants within Baja, Mexico. In order to establish a harmonious relationship, SRPX is working closely with the community and the expert consultants.

SRPX has been approved to build ten hazardous and industrial waste storage structures on its Ensenada property.

SRPX’s first facility will be located on the existing property located on the outskirts of Ensenada, Mexico. This property was strategically chosen after consultation with numerous officials and realtors. This location is less than 3 miles from the current landfill in Ensenada, Baja, Mexico!

SRPX has constructed 80% of the first storage facility. These structures are specially designed with concrete flooring and special catch drainage systems, along with an emergency fire sprinkler system.

SRPX’s property has undergone 3 years of applications, permits, and governmental required studies. It is anticipated that final review for all permits and approvals for SRPX operations will be forthcoming within the next ninety days. SRPX is currently in the process of completing the final operational studies.

SRPX has secured commitments from various companies within Baja, Mexico. These manufacturers and waste haulers will use SRPX’s new facility for the storage and disposal of their industrial waste.

SRPX has contracted with IET, of Danville Kentucky to build its state of the art waste gasification plant on site. The IET plant will be capable of processing 800 tons per day of hazardous and industrial waste!

Most importantly for you, SRPX is setup very nicely on the chart.

SRPX belongs on your watchlist for Wednesday.

As always, do your own research, always use stop loss orders to protect yourself, and book your profits when in a position to do so.

Good Trading

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