Buy Vision Industries

In: Tips

7 Aug 2012

Hi Everybody,

While we’ve been giving you some great swing trade ideas to book solid profits on, or as we like to say “hit singles”, every once in awhile  we like to swing for the fences.

That’s why today we are alerting you to an exciting penny stock.

Capitalizing on a relatively small penny stock move can yield a much higher percentage gain than a more expensive stock.

This one hit our radar on Friday and looks like its prime for a big move.

Our alert for today is Vision Industries Corp., VIIC, and the stock closed Friday at 7 cents.

VIIC hit a ton of trader’s scans this past weekend.

On Thursday VIIC was sitting at the lowest price its been at since 2010, of 4 cents.

Friday, VIIC made a strong move off of this bottom, and we have reason to believe Friday’s move was only the beginning.

Last time VIIC hit 4 cents, it bounced all the way to 35 cents!

Also, looking at the volume and price action over the past couple of months it would suggest that the sellers are gone and Friday’s action is a sign that the buyers are back and that this stock in the early stages of a bullish run.

The recent news may be what’s bringing buyers back.

VIIC develops impressive zero emission electric/ hydrogen hybrid powered vehicles.  Everything from sports cars to commercial size trucks.

VIIC has recently received a purchase order worth $27 Million for their Class 8 trucks.  The contract has the potential to be worth $108 Million as it allows its client to purchase an additional 300 trucks.

On Friday, VIIC announced that they’ve engaged an Investment Bank to serve as its strategic and financial advisor.  This should help the company maximize its growing revenue potential.

While the story is interesting and should impress investors, the chart looks setup for a great trade.

As 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.

Get ready to book your profits with VIIC.

Good Trading

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