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Real Estate News Releases
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(EMAILWIRE.COM, February 12, 2012 ) Chicago, Illinois - The Stockfather (www.thestockfather.com) reports that Mission NewEnergy Limited (NasdaqGM: MNEL) will continue to rebound after trading under a dollar last week.
Mission NewEnergy Limited (MNEL) uses the motto "Changing the Way the World is Powered." The biodiesel and alternative energy company has what it takes to succeed, which will also make for happy investors.
The Stockfather believes Mission NewEnergy Ltd. (MNEL) is a triple banger. MNEL has a low float, make that an extremely low float. And it has a lot of room to grow compared to its 52-week high ($8.15) and it's in position to become a leader in the alternative fuel industry.
Shares of (MNEL) appear to be on the move up. More importantly, they seem to be an extreme bargain at the current price of $1.35 per share.
Thestockfather.com has set a short term target price of $3.00 for (MNEL) and a one year target of $9.00.
The Stockfather reports that MNEL has more upside potential at the current time than the following stocks. However, many of these stocks should be watched closely by investors.
Alcatel-Lucent (NYSE: ALU) is trading down. It closed at $2.19 on Friday on volume of 122 million.
Frontier Communications Company (NasdaqGS: FTR) is another one to watch over the next few months. It is still well below its 52-week high of nearly $10 per share.
Micron Technology, Inc. (NasdaqGS: MU) may be one to watch for a dip. It has gained around $3 per share over the past three months.
Reports that housing is on the verge of a turnaround could be good news for housing stocks like Beazer Homes USA, Inc. (NYSE: BZH).
Shares of BZH closed on Friday at $3.63. Keep in mind that Beazer Homes stock was trading well above $20 per share prior to the housing and market collapse in 2008.
There are definitely some stocks to watch. However, The Stockfather believes that (MNEL) will go down as one of its biggest and best stock picks of all time.
We at thestockfather.com feel that Mission NewEnergy Limited (MNEL) is ready to turn the corner and could be trading close to $3.00 within a month. This spring and summer will be very good to (MNEL).
About The Stockfather:
The Stockfather searches the markets (from OTC to NYSE) for stocks positioned to make big gains. Stocks and companies are featured on The Stockfather web site and e-newsletter.
Disclaimer:
For this news release, The Stockfather was not paid to profile the company(ies) or stock(s) mentioned. The Stockfather does not own any shares of the stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit www.thestockfather.com for further disclosure information.
The Stockfather
David Conway
312-473-5916
alerts@thestockfather.com
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