Monday, August 11, 2008 9:04:02 PM
PURO has already rewarded our members once this summer by rising well over 150% in a short 4 day span. The stock has been gradually selling off and it has now returned back to the original levels where we first announced it to our members. We don't feel that anything fundamentally has changed for PURO – in fact things look even better for the company following the late-breaking news they announced after the market's close today. PURO just announced promising early results from its proprietary water technology. We think this is a revolutionary technology and could be life changing to many people in the world.
This news could be the signal of something great to come, and it would not surprise us to see the stock stage a rally again on the heels of this news. The shares are at a very exciting level for investors right now and could easily explode higher from here.
Many times in the summer we find that stocks sell off for no apparent reason other than traders simply get bored and want to raise cash, so they sell stocks that have performed well. The number of people watching and trading PURO has grown tremendously this summer as it is one of the few bright spots in this very questionable market. The recent pullback means there is a huge pool of cash sitting on the sidelines. We could see those investors who bought or sold at higher levels pile back into PURO very soon, and that is why we feel it is a great time for our members to look at it again now before another stampede happens.
When we made our first alert the stock was trading at .20 and then it rallied more than 150% in less than a week – truly a phenomenal move. If you look at a recent chart on PURO stock you will see that it has shown a very strong support level at the .20 mark and has held that price as the low on several occasions. This leads us to believe that the downside may be very limited here and it is now time to quickly revisit this stock.
Great news and an oversold chart – these are great things to watch out for in the summer doldrums. Patient traders can make a killing in the quiet summer months by waiting for the right time to jump back into a stock that seems to have lost favor. This could be the time for PURO to rally again. We highly encourage you to take time to read up on this stock and watch it closely tomorrow for the best entry point. PURO could be one of the biggest bargains at the current price.
New Pick Coming Tomorrow
For the past few months, we have been watching a small micro cap company that is in a truly boring business make serious money. While the story is fantastic, investors have been running up the stock for several months and we felt the stock got away from itself by moving too high too fast. We also felt that it would pull back to a much better level and, sure enough, it finally has over the past couple of weeks. We have been waiting for a great time to announce it to our members and we think the time has finally come.
Due to the great news from PURO on Monday after the close we want to give everyone a chance to get in early again on PURO and make some quick money. This is why we're delaying the release of our next pick until tomorrow, so please be on the lookout for it after the close on Tuesday – it could be in a position to quickly jump from its current level and make our members a ton of cash this week.
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS WEBSITE OR IN THIS DOCUMENT. ALL INFORMATION PROVIDED HERE IS MERELY INFORMATIONAL AND IS NOT INTENDED TO BE A RECOMMENDATION TO BUY OR SELL ANY SECURITY. YOU SHOULD CONSULT A LICENSED INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION. All material herein has been prepared by us based upon information believed to be reliable. The information contained herein is not guaranteed by us to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not always approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. We are not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Beacon Equity Research and its affiliates have been compensated a total of seven thousand five hundred dollars in addition to thirty thousand dollars from Pine Mountain Ventures for enrollment of PURO in its research program and other services. It is the policy of Beacon Research and its affiliates to sell any stock received for services which may cause the stock price to become depressed. Our affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. We may sell shares for less than the target price given in this opinion, or at any time following the issuance of this announcement. We will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Beacon Research and its owners undertake no obligation to update such statements.
news@beaconresearchnews.com • Beacon Equity Research
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