Posts Tagged ‘San West’
SNWT Rebounds 25.5% on 1.5M Shares
Wednesday, April 21st, 2010San West Inc. (OTCBB: SNWT) is up nearly 26% after gaining less than 1% yesterday and has hit its intra-day high of $.088 on about 1.5M shares exchanged. As I said yesterday, as sustained move above $.078 held the potential to incite a major run and potentially the next significant leg of a big move towards recent highs of $.14. (10 day chart below)
SNWT Rebounds Nearly 12%
Tuesday, April 20th, 2010San West Inc. (OTCBB: SNWT) has rebounded nearly 12% this morning on no news and could be headed higher if it can make a sustained move above its intra-day high of $.078. The emerging off-road motor-sports company is expecting a six to eightfold sales increase during 2010 and continues to set records with regard to its financial performance. SNWT has proven resilient in the past after hitting or approaching the low end of its 52-week range and recently issued what I felt was a very promising annual report for 2009. This bodes extremely well with investors as PPS begins to bounce. Are we ready for yet another run here? I think we’ll find out today.

SNWT: 10 Day Chart
SNWT: Primed for a Pop After Solid 1OK?
Monday, April 19th, 2010Last week, San West Inc. (OTCBB: SNWT) issued what I feel is a healthy 10K filing, especially for an emerging company. However, the impact on PPS was not as positive as I had anticipated. The stock has drifted lower in recent sessions despite the fact that SNWT performed quite well from both a financial and operational perspective in 2009 and expects to fare much better in ‘10. Here’s a few highlights and low-lights from the filing that any investor interested in the company should be aware of:
San West Posts Modest Gains on Steady Volume
Thursday, April 8th, 2010San West Inc. (OTCBB: SNWT) gained just over 2% Thursday on more than 1.6 million shares traded. Volume has risen considerably in recent sessions: nearly doubling from 349,600 on 4/6 to 615,700 the following day and almost tripling today. While selling has been relatively heavy this week, it hasn’t been enough to hold PPS below $.09 for too long. After a strong close Thursday, I’ll be watching closely in the a.m. for some steady action off the bat. Investors appear to be waiting for a reason to accumulate over $.10 and a number of stimuli, be it the upcoming 1oQ or some positive press could surely make this become a reality.

SNWT: 1 Day Chart
San West and CountyImports.com Announce 23% Sales Increase for Motorized Scooters
Thursday, March 11th, 2010After capping off a near-40% run yesterday, San West Inc. (OTCBB: SNWT) is back in the news for a second consecutive day, this time announcing that sales of motorized scooters at its partner website www.CountyImports.com are up almost 23% on a year-over-year basis. Shares have pulled back more than 6% early on today and now traded at $.14. Volume has been explosive thus far, with roughly 3 million shares changing hands in less than an hour of trading. In my opinion, this pull-back could represent an ideal entry point if the stock can rebound back to or above $.15. Once today’s news is fully digested by investors, I have a feeling that a continued run is a distinct possibility today. I’ll be watching closely here and so should you.
San West Gains 37% on 5,200,000 Shares Traded
Wednesday, March 10th, 2010San West Inc (OTCBB: SNWT) surged Wednesday, gaining $.04 or 37% on more than 5,200,00o shares traded and closing the session at $.15. The stock has been extremely receptive to press historically and could continue on with its bull run if it can hold on in the $.14 to $.15 range until management graces investors with another positive announcement.

SNWT: 5 Day Chart
SNWT Breaks Out on Massive Volume – Up 28% on 3.5M Shares Traded
Wednesday, March 10th, 2010San West Inc. (OTCBB: SNWT) is in the midst of a breakout of epic proportions today. So far the stock is up 27.6% on nearly 3.5 million shares traded and there’s still two more hours left in the day. SNWT appeared to be heading straight for $.15 before holding steady in the $.14 range. With the recent run above $.20 still fresh in investor’s minds and the positive news flowing as earnings season approaches, this run might not be over just yet.

SNWT: 5 Day Chart
Check Out San West Inc’s Latest Press Release
Wednesday, March 10th, 2010San West Inc. (OTCBB: SNWT) hit the wire with some extremely positive news this morning that has incited a run in the stock during pre-market trading. I strongly suggest that everybody takes a long, hard, long here.
“San West Inc. and CountyImports.com Reduce Paid Advertising Costs by 37%; Become Leaders in “Natural” Web Traffic”
SNWT Hits $.13 in Pre-Market Trading, Big News Hits the Wire
Wednesday, March 10th, 2010San West Inc. (OTCBB: SNWT) is primed for a pop this morning on news that the emerging off-road superstore has drastically reduced online advertising spending (a 37% decrease) and also become a leader in natural web traffic. This stock is historically receptive to press and given the positive nature of today’s announcement, we’re expecting big things from SNWT this morning. With PPS already up to $.13 pre-market, things are certainly shaping up for a monster day.
Today’’s press release is very positive for a number of reasons:
Firstly, SNWT‘’s keyword marketing campaign announced last week is already a smashing success. Rather than spending to be ranked highly on various Internet search engines, management has taken matters into its own hands and optimized www.countyimports.com to rank highly on its own.
In addition to saving tons of dough – hence the 37% reduction in online ad spending and near 50% reduction in cost per click – it also allows San West to use free capital to advertise in other avenues including industry trade shows, television, radio, etc. This will also allow the company to go head-to-head with leading competitors in other business areas as it strives to gain market share and make www.countyimports.com the #1 off-road vehicle (ORV) dealer online.
The stock has closed at $.11 for the past 6 sessions and should be able to make a move higher today, so long as the market can wrap its brain around the implications of SNWT‘’s most recent announcement.
SNWT Retraces Wednesday’s 4% Loss
Friday, March 5th, 2010Shares of San West Inc. (OTCBB: SNWT) have retraced 4% losses of the previous session and continue to hoover around $.11 for the 5th straight day. Movement and liquidity in the stock, coupled with the fact that San West continues to issue positive press, week after week, have me excited about the next 3 or 4 have in store with the 10K filing due out around the end of the month. SNWThas traded nearly 600,00 shares thus far today- 80% of yesterday’s total – with an hour and half left in the and activity appears to be heating up.

SNWT: 1-Yr. Chart



