Tuesday, December 1, 2009

OTC: SUNV

Sunovia Energy Technologies [OTC: SUNV]
We believe this stock is going higher. It's a good time to buy/accumulate in the range of 0.10 to 0.13.

Here are some good points:
- The chart looks great, with higher swing lows and decent volume.
- Low float.
- Good consistent projects and goverment contracts
- They have created a photovoltaic material that captures a broader range of the light spectra—both non-visible (UV) and visible light—and can be manufactured for a fraction of the cost of competing products.
- Proven to create the most uniform and efficient solar cells in the world, validated by the United States Army Research Laboratory.
- They claim their EvoLucia lighting is the most advanced LED lighting technology available.
- Check video: link

Some negative points:
- High OS.