NVAO.OB – Oil Penny

[Ramsburg]

Profile: Nova Oil, Inc., an energy company, engages in synthesizing and distributing renewable fuel products. It focuses on the construction and operation of biodiesel refineries with production capacity of approximately 300 million gallons of fuel on an annual basis. The company intends to construct 7 biodiesel refineries ranging from 20 million to 50 million gallons per year.
Website: http://www.novaenergyholding.com
Market Cap: 268M

Probably too extended by now, NVAO has been trading up with increasing volume. It looks like a speculative kind of chart, but not sure if the risk reward / ratio is interesting.

Regards,

[Stocky2000]

this one rocks