AppSwarm Inc (SWRM)

[gr8lake]

Aka, I agree there is allot of pumping going on here, but, there are good reasons to invest in San West.
For several years, the Chinese power sports products (which offer great vehicles for a much lower price) have been sold at small, mom, and pop dealerships. Most did well at first, as they tried to fill a niche in local markets. When the economy got slammed, so did these dealerships. Many closed, and some are still out there struggling.
San West, by consolidating these dealerships, is able to make them profitable by using mass advertising, attending events, and offering repair service, parts, accessories, and performance upgrades. All this, while the economy is rebounding in some areas.
ORV sales have several reasons to grow. They are not just for entertainment. With gold at over $1000. per ounce, and Baby Boomers retiring, gold prospecting is growing at an incredible rate. Gold prospectors need ORVs to get to the best places, and they don't want to spend an arm, and a leg to buy them.
San West's online sales grow considerably, along with this demographic.
The revenue being added by acquiring companies like Let's Go Racing, and especially Countyimports.com, and CountyimportsParts.com is growth in itself. However, because of the support, and advertising offered by San West/Buggy World, this revenue will grow much faster than any of them would have on their own.
SNWT is being accumulated, and the price is going up based on present, and future growth.
IMO, it would be a huge mistake to sell this company short, and base their opinions on past performance.
SpongeBath