A Good read from a Seeking Alpha article in January. Bottom line, any new distribution agreements and its boom time.
Summary
MJPI jumped almost 1,200% in 30 days.
MJPI is a company that focuses on wind and solar power.
MJPI introduced a new line of products directed at consumers.
When it comes to the renewable energy sector, 2017 is set to be the biggest growth year on record for the US market according to the US EIA.
I believe there has been a shortage of green energy stocks which offer interesting investment opportunities.
MJP International Ltd (OTCPK:MJPI) is a stock I have been watching since December 6 when the company announced its acquisition of Human Energy Alliance Labs.
On the day of the announcement, the stock jumped around 95% (it had closed at 0.40 the day before)
There was very little information circulating other than the obvious news of the acquisition and I thought that the rally would be very short-lived. I was wrong.
The company released three additional press releases since:
December 13 : MJPI announced that it signed a distribution agreement for Texas.
December 27 : MJPI announced that it will be rolling out a new line of products to consumers.
January 4 : MJPI announced a manufacturing contract for its HEAL-branded consumer products.
I am sitting here watching the stock and it has literally gained around 1,200% in the last 30 days and wondering what's next. I'll be the first to say that the company's operations don't seem to be particularly interesting, but this doesn't mean that there isn't money to be made by trading it smart.
Before the December 6 announcement, MJPI really didn't have much going on. It purchased 80% of HEAL, a private company from Idaho that in the renewable energies business, and that's basically how MJPI became the MJPI as we know it today.
