Renewable Corporation (RNWB)

[chuck44l]

I just recieved this email frome Beacon Equity.
Several weeks ago we released IBOT for the first time to our members at just over $1.00, and it is now pushing past the $1.20 level. While this may not sound like a staggering return, ask any trader out there if they made 20% in the past month and most likely they will tell you "NO". As we all know, most of the market has been a sinking ship lately. We think traders would do well to follow strength right now and we have definitely seen that in IBOT. It has been slowly trending up in a down market and looks like it could break past a key level. Go look at a two month chart on IBOT stock, and we think you'll agree it simply looks primed to breakout higher from here.



The global movement to go green, which started as a trendy lifestyle, has gained momentum as the energy sector turns to cleaner sources to fuel demand. The price of petroleum-based products has surged due to the rapid industrialization of India and China, which are consuming oil at incredible rates.



At the end of the tunnel, ethanol has emerged as a leading sustainable fuel source; in the fight between corn-based and sugarcane-based ethanol, the scale often tips toward the latter. Sugarcane generates a high yield of energy, is easy to grow, easy to process and is more environmentally friendly than its counterpart. Sugarcane yields nearly seven times more than corn and can convert up to 2% of incoming solar energy into biomass. Our latest pick - Industrial Biotechnology (IBOT) - is currently capitalizing on the explosive growth in the sugar-cane-based ethanol industry through its solid business model and outstanding management team. We feel the stage is set for it to grow its earnings and market share in the near future. Here are just a few reasons why



Through its subsidiary, Renewable Chemicals Corp., IBOT produces chemicals from sugarcane that can be utilized to create products applicable to consumer packaging, energy, agricultural pesticides, materials and polymer industries.



This same subsidiary imports and distributes sugarcane ethanol in Brazil which is known for bountiful sugarcane supply and for being the second-largest acreage for sugarcane production in the world. Brazil also ranks No. 1 as the world's largest exporter.



Through IBOT's partnership with sugarcane processor Cosan SA, it will provide IBOT subsidiaries with ethanol. The company operates 17 mills, two refineries, two port facilities and various warehouses scattered throughout the Center-South region of Brazil.



IBOT plans to import and distribute ethanol in the United States; begin manufacturing ethanol-based chemicals for consumer packaging in 2010-2011; and will deepen its footprint in the ethanol market and develop more ethanol-based chemicals in 2012.



While currently trading at about $1.20, our team feels the stock is extremely attractive at current levels. We also note the following technically bullish characteristics:



A large bullish ascending triangle has formed in the price of the stock. Technicians often suggest that the larger the price pattern, the larger the move at the breakout.



The stock is trading above its 13, 50 and 200 day moving averages with the 13 and 50 day moving averages pointing higher.



Within the past several weeks, the stock has seen explosive upside upside volume followed by a very low volume consolidation. We feel this consolidation is setting the stage for another upside breakout.



Finally, the stochastics is in an uptrend, but has not reached extreme overbought conditions and the MACD is trading above the zero line (bullish) with the momentum histogram poised to move higher.








Don't miss out on this unbelievable opportunity to profit from one of the fastest growing segments of the energy sectorsugarcane-based ethanol and in a company that is poised to be a true market leader - Industrial Biotechnology (IBOT). Watch this one closely on Monday for the best time to take advantage of the move.



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