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Go Back   Penny Stocks: Penny Stock Picks and Talk at The Penny Stock Blog Forums > PENNY STOCK PICKS > News Plays

 
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  #51  
Old 07-17-2007, 11:48 AM
buggy boy buggy boy is offline
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0.028
ARSC is dipping again. The few times it was so low were always followed by a nice pop-up.
Should we expect the same this time?
  #52  
Old 07-17-2007, 02:49 PM
keithsan
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i'm in

penny market is so slow and manipulated in the summer.

we've had at least 3 called 100% or so jumps on this baby, it should go again
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  #53  
Old 07-17-2007, 03:04 PM
buggy boy buggy boy is offline
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Ended strong to .035, seems you were right Keith.

Fortunately I was already in too :-)

Enjoy your holiday!
  #54  
Old 07-17-2007, 04:28 PM
buggy boy buggy boy is offline
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The volume during the last 8 or so minutes were pushed by news. Volume was +/- 1,2 Mio shares on less then 8 minutes.

What should we get tomorrow?

Here is the news :
---
July 17 2007 3:52 PM, EST

--------------------------------------------------------------------------------

ARSC to Acquire Mag-Wind Vertical Axis Wind Turbine Technology and Manufacturing Company

Business Wire "US Press Releases "

HOUSTON--(BUSINESS WIRE)--

American Security Resources Corporation (OTCBB:ARSC) announced today that it has executed Letters of Intent to acquire majority control of Mag-Wind Company LLC (www.mag-wind.com) which holds exclusive world wide rights to develop and market the Mag-Wind magnetically levitated, patent protected, vertical axis wind turbine, and to acquire majority control of VAWT Manufacturing Company (VAWT) which holds exclusive Mag-Wind manufacturing rights for North America.

Bob Farr, President of ARSC, said "We are excited about acquiring these two companies. Mag-Wind anticipates marketing later this summer into the largest untapped vertical axis wind turbine market, the residential market, which is also the target market for our HydraStax(R) fuel cell product. VAWT Manufacturing has the ability to produce at one location the larger Noble wind turbine for us in addition to the Mag-Wind turbine." Farr continued, "We are working on acquisition funding using industrial development bonds which will be very beneficial to us and our shareholders as it is completely non-dilutive and has very favorable terms."

American Security Resources Corporation

ARSC is a holding company actively seeking to acquire companies and technologies that will advance the development of alternative energies. ARSC, through its Hydra Fuel Cell subsidiary, is developing high volume, mass producible hydrogen fuel cells. Its American Hydrogen Corp. subsidiary is developing a method to inexpensively formulate hydrogen from ammonia. For more information, please see: www.americansecurityresources.com

Last edited by buggy boy : 07-17-2007 at 04:30 PM.
  #55  
Old 07-18-2007, 09:18 AM
buggy boy buggy boy is offline
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Guess it won't be for today.
  #56  
Old 07-31-2007, 07:43 AM
keithsan
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charts kicking azz again, this thing is a beauty from the lows as usuall....
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  #57  
Old 07-31-2007, 11:12 AM
buggy boy buggy boy is offline
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I played (too) safe and already sold.
Will buy again under .032
  #58  
Old 08-01-2007, 07:05 AM
keithsan
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under .032, your cheap lol

its better to take the money than be too greedy....
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