New Global Energy, Inc. NGEY
Our first order of business this morning before we break down the awesome session we had on Friday, is to place a stock that has recently come to our attention on extended-term watch. NGEY is a play that interests us on multiple levels, not least of which being the potential of the sustainable businesses that the company currently has in operation.
So before we take a look at the technical side of the stock, we want to focus on a couple of the exciting projects that the company has in the works.
Agriculture – Moringa Farming
Many of our readers may already be familiar with Moringa oleifera, also known as the horseradish tree, which has been used for many purposes around the world for thousands of years. Recently it has gained renewed attention as a potential ‘superfood’, and a uniquely viable crop. The plant stands out for a number of reasons; firstly, every single part of the Moringa can be used or processed into something useful. From the roots and bark, down to the leaves and seeds, the moringa is generous in providing a wide range of marketable products.
In addition to the dozens of acres of Moringa trees that NGEY has already planted on its farms in California, the company has dozens more acres of property in Costa Rica which are also slated to be used for Moringa cultivation. When all is said and done, the company expects upwards of $15M or more in annual revenue from its Moringa farms alone. As we said, every tree provides several by-products, including extremely valuable Moringa seed oil.
It also provides a key ingredient in the company’s proprietary fish feed formula that it uses in its other primary business:
Aquaculture -Tilapia Farming
Aqua Farming Tech is NGEY‘s aquaculture division, and the methodology they’ve developed for sustainable, energy efficient, high-yield aquaculture is inspiring. We’d highly suggest going to newglobalenergy.net top view the video message from CEO Perry West. It details the operations of Aqua Farming Tech’s fish farm in Coachella Valley, CA (pictured above), and really got us excited about the potential of this aspect of NGEY‘s business.
They recently initiated the spawning season for this year’s crop of Tilapia, which they expect to be a record-setting number. Unlike traditional fish farms, whose yield is in the range of around 1500 fish per acre, NGEY‘s refined methods have allowed for the production of up to 30,000 fish per acre. Again, we urge you to visit newglobalenergy.net to view that informative video.
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NGEY CHART:
We’ve prepared a video of our own to go over some of the highlights of the NGEY chart:
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Links to Recent News:
New Global Energy, Inc. Hosts Leading Aquaculture Experts at Coachella Valley Farm -11/02
New Global Energy, Inc. Anticipates Record Year for Tilapia at California Farm -10/19
New Global Energy, Inc. Expands Moringa Production at California Farm -10/05
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For More Info on NGEY, Visit www.newglobalenergy.net
Friday’s Winning Picks
We had an absolute bang-up session on Friday, with many of the plays we signaled in our premarket report turning in highly respectable performances. We were able to identify winners from both the stocks and options arenas:
Weight Watchers International. Inc. WTW – We highlighted a range of contracts in the WTW chain that stood to make some tidy gains, and as we’ve done many times in recent weeks and months, every single set in our observed range (11/20 $18-20 Calls) offered up the chance at huge single-session profits!
$18 Calls – Daily Range: 2.60-5.40 – Max Gain: 108%
$19 Calls – Daily Range: 1.60-4.54 – Max Gain: 184%
$20 Calls – Daily Range: 1.20-3.70 – Max Gain: 208%
WTW is gapping up even further in the premarket today to the tune of $26, so in addition to further advances for these contracts (which still have plenty of time until expiration), we’ll also look to roll up our strike prices to correspond with the current PPS. We’ll look to the $23-26 Calls for what could be the heaviest action.
Any way you look at it, WTW, a stock that we caught at a low of 10.76 just a few weeks ago, has been a great play for us this fall! It should continue to provide us with quality daytrading opportunities.
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Lithium Exploration Group, Inc. LEXG – Speaking of great calls, we tagged LEXG for observation in our premarket report on Friday, and sincerely hope that folks caught on. The stock started out from a morning low of .1125, and went on a massive run into the afternoon, spiking to a high of .27! That registered as an intraday pop of 140% Cheers to anyone who reaped the rewards of that timely alert!
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Viropro, Inc. VPRO – VPRO was another mention from Friday that not only made a respectable move, but is building a nice little chart for itself. We have a number of indicators which suggest VPRO could be due for further increases, as we point out on the chart below. Cracking through previous resistance at .008 would sound the blue sky breakout alarm!
Marathon Group Corp. PDPR
PDPR is another successful subpenny play that we enjoyed toward the end of last week. We placed it on watch in Thursday morning’s report, and witnessed a low of .0018, and Friday it streaked to a high of .0045, marking a two-day swing of 150%
Extended Watchlist:
OCLG, HPTG, TPIV, ESYL
