The month of March is here and one penny stock that hopes to warm up is Sunx Energy, Inc. (SNXG) thanks to some much needed awareness. Shares of SNXG stock have yet to experience what it’s like to have volume exceed 1 million this year which other solar energy tickers like Real Goods Solar, Inc. (NASDAQ: RGSE) have had no problem doing on a consistent basis. Although there hasn’t been much said about the premier retailer of turn-key energy saving products specializing in complete solar systems and unique portable solar powered generators, a spike in volume is as guaranteed as the sun rising from the east this morning.
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SNXG Stock Quote / Chart
Unlike many solar energy focused companies that are publicly traded, Sunx Energy has been relatively quiet since shares of SNXG stock began to inconsistently trade this year. Almost two weeks ago, the Company did announce plans for expanding its product line this year as they move forward as a distributor and a reseller of Solar Panels, Inverters and Solar Racking systems to installers across the country.
Bill Schaefer, Sunx Energy’s CEO, said they are going to look towards China for solar items manufactured there by using the Alibaba portal. This would be a productive action if the day would ever come that the Company’s unique business model were to ever offer the most sophisticated energy generation and clean energy products and opportunities at the most competitive prices on the market.
There is one key number that can be taken from the financial statements filed for the period ended September 30, 2014 that traders could find to be a good reason to buy SNXG shares. For the six months ended, Sunx Energy only lost $3,000 and since they report to have $10,000 in cash on hand as of the end of the period, they should be able to keep the virtual doors open for another 18 months before more notes convertible start to show up on the books.
Today’s SNXG awareness launch is built around the idea that this may be the one and only time traders see a company like this trading for under 0.30. If any of the listed parties (Current Capital Corp., $35,000; Aladdin Trading LLC., $80,000; Neoventive LLC., $80,000; Acquest Capital Group, Inc. $80,000) allow for SNXG shares to breathe, perhaps the chance of seeing 0.33 might be on screen for a few seconds.
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About SNXG Stock
Sunx Energy Inc. is a development stage company hoping to one day become a premier retailer of turn-key energy saving products specializing in complete solar systems and their unique portable solar powered generators.
7380 South Eastern Ave.
Suite 124
Las Vegas, NV 89123
Website: http://www.sunxenergy.com
Phone: 562-453-7643
Email: info@sunxenergy.com
Authorized: 920,000,000
Issued and Outstanding: 431,489,953
Last 5 Trading Sessions:
| Date | Open | High | Low | Last | Change | % Chg | Volume |
| 02/27/15 | 0.2550 | 0.2800 | 0.2550 | 0.2800 | +0.0050 | +1.82% | 18,000 |
| 02/26/15 | 0.2750 | 0.2750 | 0.2750 | 0.2750 | +0.0255 | +10.22% | 1,000 |
| 02/25/15 | 0.2650 | 0.2850 | 0.2201 | 0.2495 | -0.0005 | -0.20% | 66,100 |
| 02/24/15 | 0.2398 | 0.2500 | 0.2398 | 0.2500 | +0.0190 | +8.23% | 15,200 |
| 02/23/15 | 0.2300 | 0.2310 | 0.2300 | 0.2310 | -0.0090 | -3.75% | 17,000 |
Bottom Line:
There are penny stocks to trade and there are penny stocks to watch. SNXG stock is one of those to watch. In the event that SNXG lights up the OTC as the hottest ticker, it’s only the first trading session of the month and other opportunities will come. In the event the lights get turned out in the first 15 minutes of trading, it’s only the first trading session of the month and other opportunities will come.
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