Tuesday, January 31, 2006

XSNX Revisited

Thanks to those of you have written to me about XSNX and how this stock pick made you some bucks recently. Several friends and family members of mine also have shares of the stock. Recently, the stock hit an all-time high of $1.56 per share. It has climbed back up and is within 15 cents of that record again. The near future could hold some amazing jumps for XsunX. According to a Smith Barney research article, President Bush made some comments that his State of the Union address tonight will strongly hit the need for alternative energy..particularly fuel cells and solar. Yesterday, all of the stocks saw nice gains as a result. So, we'll see what he says tonight. Also, the Iran issue is escalating and OPEC is planning on cutting oil output. Putting 2 and 2 together, oil is going to be a hot topic and it is likley to get worse before it gets better. And with the President's push for solar and fuel cell energy in the future, these stocks are set to take off again. We'll see what happens, but I am not so sure $3 or $5 a share for XSNX is out of the question over the next 52 weeks?? Long shot, yes, but it did jump from 9 cents to $1.57 in 3 months. Happy trading.