CWET – Clean Wind Energy Tower: A Million Dollar Campaign About to Get Underway
Update: What can I say? I want everybody who bought stock yesterday to send me an email and say, "Happy Valentine's Day Uncle Leslie! I love you!"
This one is is the big mamau kids. 4 weeks. One million dollars.
~LH
Last Thursday, I told you that I was about to alert a pending million dollar, 4 week promotion, on the basis that I was offered a piece of the action. I turned it down as I only do pre-promotion alerts and I respectfully refuse to be paid by the financers of these promoters, because I work for you and not for them.
Later in the day, I changed my mind about releasing it to you right away, because I didn't believe that the promotion was quite ready to begin.
Now I see that all the signs of the pending start of the major CWET promotion are there.
This is purely a hunch play first brought to my attention because I received on an offer to participate in the promotion of the stock. I think that a major, long term promotion on CWET is on its way very soon for the following reasons.
I was offered the chance to be a paid participant in the promotion.
On Sunday, Growing Stock Reports, among others, informed their subscribers that they would have a new "Clean Power" pick on Monday at 4pm. Well what's cleaner than wind power?
Friday's volume was 5 times Thursday's volume, the highest trading day ever for this stock. The volume has continued into today.
CWET issued a press release on Friday, intended to be a positive letter to shareholders.
A press release last Tuesday indicated that a convertible debenture was paid off in cash, without issuing any new stock. Last month CWET issued a press release stating that it had settled employee lawsuits. A series of positive press releases in succession is a stong indication of a coming promotion.
While I already own stock at 13 cents, I am going to see if it comes down before the close and then buy up to another 50,000 shares up to 13 or 14 cents. It may not, but I believe that the CWET promotion will begin tomorrow.
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Disclosure: As of the writing of this alert, I own 50,000 shares of CWET at an average price of .13 (13 cents)
Please, please please remember my Rules of Thumb for playing any of my picks:
I could be wrong. I am not picking this stock because I like it. I am picking this stock because I think it is about to go on a promotional run sometime in the coming weeks. It might not.
Do not run the price of this stock into the stratosphere. In other words, don’t chase it. If you are interested in taking a small shot, then bid it close to the levels (within 20%-50%) of where it is at when you receive my pick. Accumulate rather than load. If it takes off on you, then forget it. If you miss it, you miss it. Chasing a stock is a guaranteed way to lose money.
Never recommend a stock to friends or family, even the ones I recommend to you. This is a no win situation. You will get no gratitude if they make money and all the blame if they lose money. If you want to recommend anything, then recommend my website. That way they make their own decisions and you can never be blamed if a trade goes badly.
Do not get emotional about a stock. If you are not sure that you should jump into my pick, then don’t. Always go with your gut feeling. Don’t worry if you didn’t buy into a winner. There is always the next one. Don’t worry if the share price got away from you. Wait for it to come back or just leave it alone altogether. If you are wondering whether it is time to sell, it is.
Take profits! A 25% gain is good. A 50% gain is great. A 100% gain is phenomenal. Anything more is just insane and you are playing with fire. Remember these two rules of thumb: Nobody ever went broke by not being greedy and always leave a little profit for the next guy.
Cut losses! Not all of my trades will work out. A few will be losers. If it looks like things are going south, they are! Never, ever think that if you hold on long enough, the stock will make a come back. It probably won’t. More money is made by averaging up than averaging down.
Do not buy stocks with money you can’t afford to lose. Food, clothes, rent, children and a cold beer are all more important than taking a chance with money you can’t afford to lose.
Do not place all your eggs in one basket! Small lots are in order with any short term trade. I never commit more than 15% of my bankroll (the money I can afford to lose) to any one stock.
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