POWN has finally been added to the Guru's Buy and Hold list. That doesn't mean the stock will post a straight line advance to the Guru's long term $1 target. POWN is well over due for a sell-off from profit taking.
Adding POWN to the buy and hold means that the recent price action confirms the interest in POWN shares. It also means that the Guru thinks the story for this stock is still in its first few chapters.
If you haven't bought this stock yet, you may want to wait for a pull back. I do feel this stock, which closed trading on Friday at $.027, will hit $1 within the next year.
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