AREN sky rocketing on short covers!
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Hi Everyone,
I told you yesterday (and again this morning) that AREN was an amazing buy at 50 cents.
Looks like I was right. AREN has nearly touched 70 cents today and could close much higher before the day's over.
A lot of money still remains to be made!
You can bet that next week, when the September rally begins, AREN could be moving even higher!
Short sellers are scrambling to buy AREN shares at any price, in fact there is someone who was trying to buy 300,000 shares of AREN this morning in one go!
For those of you who think that this is not actually happening, take a look at this article published on yahoo last night.
(article: http://finance.yahoo.com/news/oil-prices-rise-global-market-065530082.html )
It discusses how oil soared more than 10% yesterday alone on short-covering, and we're talking about a multi-trillion dollar market moving up 10% in hours...
Can you imagine how higher AREN could go based on both the news that oil prices are recovering, and with its very own short-cover?
Next week could be the magic we have been waiting to see!
AREN may be a fantastic buy at under 80 cents today as it seeks to cross 70 cents in the next few minutes and go into $1+ territory next week!
Your editor,
Lionel Mansfield
SmartStockWinners.com
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