Looking for new 52 week highs! After nearly two weeks of consolidation, SNWT broke out yesterday. SNWT is still a ways away from its previous 52 week high is $1.71 but closed just shy of  the previous 52 week closing price at $1.54

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An OutcastTrader member emailed us today regarding SLPO. SLPO (formerly SLAT) announced a 3 for 1 forward split on 10/13. The stock closed at $0.58 (post split $0.1933) on 10/12. The company announced on 10/16 that the effective date of the split would be Monday October 19th. The stock closed at $0.68 (post split $0.2267) on the 16th and ran all the way to close at $0.35 (split adjusted $1.05) on the 19th or a gain of 54% in just one day and 81% from the split announcement on October 13.

What does this mean and why do we bring it up? We bring this up because if you were a shareholder on their record date (which happens to be this coming Monday for SNWT) and happened to be lucky enough to be in the forward split you would have scored 50% or more just by owning on the record date. This is why we are now extremely excited for the remainder of this week into the split.

Remember!!! The SNWT 5 for 1 forward split record date is on Monday, October 26, so if you want to quality for the additional shares be sure to own it by that date it may start to move up as we get closer to Monday like most forward splitting stock do – so keep an eye on it as it may make for a profitable trade.

This is exciting for any and all shareholders of SNWT.

We had a great run with SNWT in the last few weeks. We see a lot more coming from this one also,so keep our new pick, Infinite Group Inc. (OTCBB: IMCI) on your watchlist!

Server Virtualization is the new buzzword for the server industry… and IMCI’s flagship product. IMCI is a computer technology company that specializes in Virtualization Software and Cloud Computer services. With the amount of data rising exponentially every day, the need for server storage is constantly rising and highly inefficient. IMCI consults for customers ranging from small businesses to the government entities making server storage and capability more efficient and therefore dramatically less expensive. Their service, which in layman’s terms could be compared to a server timeshare, can save businesses anywhere from thousands to millions of dollars in server storage fees. (more…)

On the tails of Friday’s huge after market announcement, San West, Inc. (SNWT) Enters Into 3.2 Million Dollar Partnership With Second Largest Online Dealer in U.S., SNWT marched to a new 52 week high of $1.70 only to be hit hard by profit taking, shorters, or both. The stock was beaten down to a support level in the $1.20 – $1.10 range and bounced slightly to a close of only $1.22 (see chart).

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After the close Monday, SNWT announced that its Board of Directors has approved a five-for-one forward stock split to be effected in the form of a stock dividend. The Company will distribute four additional shares of its common stock to all shareholders of record at the close of business on October 26, 2009 for every share of common stock held on that date. The shares will be distributed on November 2, 2009. The new shares issued will equal 5 times the pre-split number with fractional shares rounded up to the nearest share. (more…)

San West, Inc. (OTCBB: SNWT) announced the inking of a deal today that could potentially TRIPLE last years revenues.

San West, Inc. Enters Into 3.2 Million Dollar Partnership With Second Largest Online Dealer in U.S.

Partnership Expected to Put Company Into “Top-Tier of Internet Commerce” Within Sector

READ PRESS RELEASE

It has come to the attention of San West management that interested parties attempting to conduct an online search for information on the company under its new ticker symbol “SNWT” have at times been unable to access past corporate announcements highlighting some of our most significant achievements to date.

Click Here To See Previous San West Press

After a brief consolidation period in the $1 – $1.20 range, San West Inc. (OTCBB: SNWT) broke out to a new 52 week high this morning. Near term, any pullbacks should be viewed as good entry opportunities with $1.20 acting as support.

San West, Inc. (SNWT) Partners With Leading Retailer and Expects to Add $700,000 to Top Line Revenues

Partnership Establishes Major Step Toward Becoming an Off-Road Superstore

READ ENTIRE PRESS RELEASE

SNWT – looks to have completed a brief consolidation phase and ready to resume the upward trend.

As can be seen in the chart to the left, SNWT has been knocking on the $1.20 ceiling for a week now.

The ‘Accending Triangle’ pattern is considered by many one of the most reliable of the bullish set ups. (more…)