Today’s recommendation is a micro-cap buy from Cotton’s Technically Speaking. Use caution when purchasing, this penny stock trades less than 40 thousand shares a day most days, and often a lot less.
“We are reiterating our BUY rating on New Western Energy Corp. (NWTR, OTC). This is small, nimble, rapidly expanding oil company—and we like the management. We think it is a real bargain at this price, it’s trading at low historic levels. We think it will begin moving up soon. It is one of our favorite penny stocks.”
Joseph Cotton, Cotton’s Technically Speaking, www.cottonstocks.net, 727-289-4436, 6/4/13