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Dear Subscribers,

We had a great run on SRGL.  Especially for those of us who got in early.  Its still up 29% from our entry point.  And its got room to go.  A lot of room.  As you know, a stock can’t just keep going up.  It has to go back and fill in the gaps.  That’s what its doing today, and maybe tomorrow.  In the next month, I still believe a double is possible from this level.  The research report, available at www.RiminiInvestments.com is estimating a short term Estimated Price Per Share Projection(EPPSP) of $1.64, and a two year EPPSP of $2.73.  I’m bidding the stock again at $0.78. 

In other news, I’m releasing a speculative deal to our Penny Stock Jockey’s Winner Circle today.  I think it’ll do well, so keep an eye on your email.  My information, being verified now, is that it will start Monday.

Also, around the rumor mill: SCEY has pulled back significantly today.  It’s rumored that the property SCEY holds is contiguous to the land where Occidental Petroleum (OXY:NYSE) just made the largest oil and gas discovery of the last 35 years in California.  Here’s the link to OXY’s news release.  http://newsroom.oxy.com/portal/site/oxy/?ndmViewId=news_view&newsId=20091028005987&newsLang=en

I’m waiting for SCEY to announce something, and my information sources say an announcement is imminent.

In the meantime, if you’d like to be a part of the profit takers on today’s speculative pick, why not join the Penny Stock Jockey Winners Circle?  This one trade could pay for your membership for a whole year. Guaranteed!

Your PennyStockJockey

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