Just got this
Our New Pick is SWVI
Hi Everyone,
After a few days of retrace we believe SWVI to have hit rock bottom and that tremendous upside are on the horizon for this pick. Members that have been with us since day one were able to capture potential gains of over 300% as they see shares in SWVI move from under 20 cents to $1.
The same potential gains are now very possible again as SWVI reached rock bottom where it started but this time around, the company made tremendous progress on the operational and corporate front. As stated just recently, the company believes that its Algarrobo property could be worth a stagerring $5.8 billion USD!
In our opinion and based on the most recent press release, shares in SWVI are grossly undervalued. We expect to see a huge upswing as value investors and short-sellers continue to buy shares in SWVI at these cheap prices.
A recent editor from Fools.com gave a full analysis on SWVI and priced the value of the company to be $10 to $11 per share. This brings a total of 3 analysts who believe shares in SWVI to be worth over $7!
Here's an interesting statement by the recent editor on SWVI's potential share value:
Considering the fact that the company's current market cap is just about $220 million, a $5.8 billion valuation for Algarrobo would be the stock increasing 26 times from today's prices! Being conservative and just taking the first estimate and ignoring the second one, would provide shareholders a return of nearly 2100% or a share price in the $10-$11 range. Being ultra conservative and just taking the $960 million figure, the stock should quadruple with a share price in the $2 range.
You can read the full report and analysis under this link: beta.fool.com/adamrossique312/2013/02/27/swingplane-ventures-10-fair-value-following-update/25859/
Stay tune for more updates on SWVI and get ready to see a bounce on this pick. We will continue coverage on this exciting company as we believe members could profit from an imminent upswing in the coming days!
Your PennyStockInsiders Editor