Renewal Fuels, Inc (RNWF)

[SpeculativeHoldings]

Here is a repost from VIKING: This was some excellent DD, and should not go unnoticed....

RNWF appears to be the perfect storm for a MAJOR BREAKOUT....
1.)Possibility of news soon(even this week!!)
2.)50 dayMA ready to cross above 200 dayMA
3:)Sitting at the toughest area of resistence with all this going on, early trading will be big tomorrow in relation to short term gains this week, although most here are holding for the bigger picture.Major BREAKOUT is likely if morning buying pressure is on cue!!
4.)Possible shorts in the market.
5.)POV ready to bounce up again
6.)Look who has at least 36 million shares of RNWF!Oh yeah the other stock he owns shares in went from 0.0006 to 0.011
7.)Moves on little volume in "Pinky standards"obviously low float & or huge shorts!
8.)I have never seen the GURU talk about a stock this much in the last 6 months as RNWF, he has to know more than he lets on.imo
9.) BEACON EQUITY is even reporting and seems to be supporting the R/M speculation going on with DEBT SETTLEMENT(link below)
http://www.beaconequity.com/hot-wallstreet-pr-stock-picks-ctic-clrh-rnwf-relm-tivo-2010-05-18/

10.)CLEAN SHELL R/M canidate,,,,,,,,Need I say more??????????

The perfect storm IMO