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Daily Top Penny Stock Picks
China Health Resource, Inc. (PINK:CHRI)
On March 8 this stock continued the tremendous growth that it has seen since the beginning of March. The stock rose by 13% to $0.0080.
China Health Resource is a leading Chinese pharmaceutical company. It specializes in the production, processing and commercialization of the Dahurian Angelica Root. On Februaruy 22, the company signed a letter of intent with Chengdu Longevity Church, to which it will sell 330 tons of Angelica in 2011. As a result, China Health Resource is guaranteed more than $800,000 in additional income in 2011.
The CEO, Jiayin Wang, said that this move signifies the company’s dedication to the production of high-quality Angelica, and demonstrates the big potential the company has for solid growth in the next few years as the company builds long-term relationships with reputable and dynamic companies.
Then, on March 8, the company signed another letter of intent with five villages in the region. This will ensure that the company’s Angelica production will remain of the highest quality, as these villages are known for their quality raw-material production. With this latest letter of intent, the quantity of Angelica will be increased to 4,000 tons per year. Its sales this year will grow considerably and should reach approximately $11 million in 2011.
This company is clearly a quality player in a fast growth market. Investors take note!
EVCARCO INC (OTC:EVCA)
On March 7, this stock jumped by 45%.
This company aspires to be “the greenest car dealership in America.” It is based in Fort Worth, Texas, and it intends to open a large number of showrooms in 20 new markets in the US over the next two to four years. Their business model is being used as a franchise opportunity. This business undoubtedly has unlimited potential, and the “virgin” status of company may lead to big bids on this stock in the future.
Be aware though that this company has paid for stock promotions. In the beginning of last March, it reeled out a $10,000 stock promotion, which led to an explosion in the stock price. Recently the company has had little new to present to investors, and some time is needed to see how it will perform in the near-term.
Fuego Enterprises Inc (PINK:FUGI)
On March 8 this stock rose by 11% to $0.0050 per share.
Fuego Enterprises is a diversified holdings company operating in the media, entertainment and telecommunications industry. The company is based in the US, and is focused on Latin markets, especially Cuba.
On February 2, the company announced that its Fuego Entertainment division had completed an agreement to produce the first ever Fuego Cuban Music World Festival, featuring more than 30 top Cuban music artists. This festival is billed as the “Cuban Woodstock.” This is big news for the company, and a sign of what it is capable of.
Fuego Enterprises looks set to succeed if political and economic transformations in Cuba occur as is projected. The world investment community is watching Cuba closely, and as soon as the market opens up, Fuego, (which has a private exploratory group, the US-Cuban Investment Committee) is ready to benefit to the full from these positive changes.
The information supplied in this article is not to be considered as medical advice and is for educational purposes only.
|Penny Stocks Picks9 Mar 2011|