The recent 8-k filing by SSWC has validated the reverse merger scenario that I brought to this blog several months ago. At that time the stock soared to $.001 before pulling back. Penny stock traders have a very short time frame and have since sold and moved on. But its become quite apparent the last several days that their is are numerous investors who have bought and held their stakes in SSWC, and rightfully so. This stock is on the cusp of a tremendous breakout. One that could possibly take this stock a full 1,000% higher from today's close.
For those of you new to this blog I suggest you read my take on SSWC before last weeks 8-k filing:
http://pennystockgurus.blogspot.com/2010/04/sswc-merger-on-horizon.html
The change in ownership of SSWC is just the first big step in what I think will be a nice run for this stock. I expect a test of the 52 week high of $.001 shortly, and a breach of that mark, which will really get this stock moving.
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