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Monday, January 02, 2012 9:50:52 PM
SHKZ .0022 (Shaka Shoes Inc)- The Next Hottest Solar Stock?
We first issued a buy alert on SHKZ with the bid at .0014 and the ask at .0015 cents to our VIP Subscribers after discovering that the company was preparing to become one of the most promising companies in its class in one of the most profitable industries in the world. Shaka Shoes is a company that once produced shoes, but has now gone into the rapidly expanding solar market business. During our extensive research we unearthed some stumbling facts indicating that 3 acquisitions had already taken place and the 4th major acquisition was expected early January of 2012. Another major milestone was that the company had won a very profitable contract with the Florida area Schools which were worth in the million dollar ranges. After reviewing further we were surprised to see the stock at such a low pps level when determing pps valuation. Since we brought out our alert on the stock, SHKZ has got the investment community buzzing and we believe this could be one of the most promising stocks for January 2012 and perhaps for the rest of 2012. Furthermore a name/ symbol change is also expected to be completed shortly. So far the stock has slowly crept upwards over 40%+ from our initial alert and looks headed for further gains. The company has changed it's name to RenuEn Corporation, and a website is in the works and currently under construction.
The SHKZ Chart can be seen below. The 50 Day Moving Average at .0021 cents has passed and we can see strong accumulation taking place recently. The 200 Day Moving Average is at .0064 cents which could possibly break on major news sending the stock to .01+ to .03 cents.
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