kingrichards
04-13-2009, 08:02 AM
Rebound in Oil Prices Could Push GCHK Shares Higher
With evidence suggesting that the economy is beginning to pick-up steam, consumers are already beginning to feel it at the gas pump. In fact, oil is now back above $50 and, according to many analysts, going much higher. Even the Energy Information Administration, which compiles energy consumption and price statistics for the U.S. government, forecasts a 50% increase in world energy demand between 2005 and 2030.
The good news is that many alternative energy stocks look poised for a serious rally, and are already showing signs of renewed interest. The one stock in particular you need to focus on right now is one of our all time favorites---GreenChek Energy Resources (GCHK). If you’ve been with us long then you’ve seen us issue a few alerts on GCHK in the past.
We’re not sure if you’re keeping score, but did you realize that each time we have alerted our members to GCHK over the past year it has gone higher right after our announcement? ...one time as much as 55% higher in just a couple of days – now that was a fun ride!
And we think right now is a perfect time to look at GCHK again. Maybe this time you’ll capture your share of the profits to be made?
To recap the story here, GCHK has developed a proprietary, hydrogen-generating system that helps internal combustion engines burn fuel more cleanly and efficiently. The Company’s Onboard Hydrogen Generation (OHG) system produces and then injects hydrogen gas into a regular internal combustion engine. Hydrogen enhances the combustion process by allowing a more complete fuel burn while significantly reducing harmful emissions typically consisting of unspent fuel.
Independent trials conducted by a third party (click here to view the report (http://click.icptrack.com/icp/relay.php?r=49743885&msgid=685898&act=BXO1&c=327844&admin=0&destination=http%3A%2F%2Fwww.pdfdownload.org%2Fpdf 2html%2Fpdf2html.php%3Furl%3Dhttp%253A%252F%252Fww w.greenchektech.com%252Freport%252FGreenChekReport .pdf%26images%3Dyes)) demonstrated that the Company’s technology lowers emissions by as much as 50%, reduces fuel consumption, increases horsepower, improves engine life, reduces maintenance costs and requires only minimal driver maintenance and intervention. As might be expected, the company has begun the process of patenting the unique aspects of its technology. With this incredible technology at their disposal, GreenChek Energy Resourced Ltd. plans to...
Focus on transportation segments where the ERD-1.0 system can provide exceptional returns because of high fuel costs and Kyoto Protocol Treaty emissions penalties. Such segments include heavy-duty vehicles, light trucks, ships and locomotives;
Develop industry-specific products for each major market segment;
Establish relationships with manufacturers and distributors globally;
And March was a month of exciting news for GCHK as it announced the advancement of its ERD technology with the release of ERD 2.0. According to Lincoln Parke, President of GreenChek, “…it requires less maintenance and increases our ability to link units together in a modular format for greater efficiency. The ability to link units together contribute to further fuel cost savings and greater emission reduction, at the same time maintaining durability and overall quality to ensure that the systems have a long life. We are very pleased with our ERD development. This opens the door for GreenChek to implement its fuel saving and emission reduction technology to a wider range of vertical markets, in the future.” For the complete story Click here (http://click.icptrack.com/icp/relay.php?r=49743885&msgid=685898&act=BXO1&c=327844&admin=0&destination=file%3A%2F%2F%2FC%3A%5CDocuments%2520a nd%2520Settings%5COwner%5CMy%2520Documents%5CMy%25 20Pictures).
The company also announced plans to expand manufacturing to Tianjiin, China and believes the manufacturing plant will be operational in 8 weeks. Management also believes that the production capacity for the facility to be 1050 units per production line per month. At current prices, this translates into roughly $50.4 million dollars in annual revenue per production line, at full capacity. Parke noted, “The manufacturing facility in Tianjin, China will enable our Company to address the growing demand for emission reduction devices in multiple markets. The new US EPA standards indicate that there is an increasing demand for these devices. The manufacturing facility further illustrates that GreenChek is well positioned at the forefront of this new green economy.” To read the full story Click here (http://click.icptrack.com/icp/relay.php?r=49743885&msgid=685898&act=BXO1&c=327844&admin=0&destination=http%3A%2F%2Ffinance.yahoo.com%2Fnews% 2FGreenChek-Expands-bw-14586437.html)
There is also a nice video presentation on the GCHK website (http://www.greenchektech.com/ (http://click.icptrack.com/icp/relay.php?r=49743885&msgid=685898&act=BXO1&c=327844&admin=0&destination=http%3A%2F%2Fwww.greenchektech.com%2F) ) that you should check out to get a better feel for the technology.
And the chart? Well… we certainly like what we see right now. In fact very constructive technical signs include:
A stochastics emerging from oversold levels
An MACD posed for a bullish crossover of the short average back above the longer average
A bullish MACD/Price divergence where the MACD is making a series of higher-lows yet the price is trading sideways to marginally lower.
<img alt="" width="304" height="419">
With the stock trading under 25 cents (near its 52 week low), and recent announcement regarding its advanced technology and an expansion into China, we think the time is NOW for members to revisit shares of GCHK.
Remember, the last few times we have alerted members to this stock it has moved appreciably higher. And while no one knows for sure what will happen this time, we think that both the Company’s fundamentals and technical chart suggest we could see much higher prices very soon.
The recent double bottom at 20 cents was a very encouraging sign for us. This may signal a strong support level for the stock and we could see some good upside from here. If it cannot hold that level, we think you should seriously scale back any position you have and get out.
There will likely be resistance near the $.31 level, which is shown in the chart above to be the 50 day moving average. If GCHK can firmly break past that point, we think it could be off to the races and everyone could have some fun with this one! Keep your fingers crossed.
So make sure to research GCHK and all the great news that has been coming out as of late… and then get GCHK back on your radar right away. Remember….GCHK has a pattern of making HUGE moves very quickly and we don’t want members to miss out on ANY of the trading action.
With evidence suggesting that the economy is beginning to pick-up steam, consumers are already beginning to feel it at the gas pump. In fact, oil is now back above $50 and, according to many analysts, going much higher. Even the Energy Information Administration, which compiles energy consumption and price statistics for the U.S. government, forecasts a 50% increase in world energy demand between 2005 and 2030.
The good news is that many alternative energy stocks look poised for a serious rally, and are already showing signs of renewed interest. The one stock in particular you need to focus on right now is one of our all time favorites---GreenChek Energy Resources (GCHK). If you’ve been with us long then you’ve seen us issue a few alerts on GCHK in the past.
We’re not sure if you’re keeping score, but did you realize that each time we have alerted our members to GCHK over the past year it has gone higher right after our announcement? ...one time as much as 55% higher in just a couple of days – now that was a fun ride!
And we think right now is a perfect time to look at GCHK again. Maybe this time you’ll capture your share of the profits to be made?
To recap the story here, GCHK has developed a proprietary, hydrogen-generating system that helps internal combustion engines burn fuel more cleanly and efficiently. The Company’s Onboard Hydrogen Generation (OHG) system produces and then injects hydrogen gas into a regular internal combustion engine. Hydrogen enhances the combustion process by allowing a more complete fuel burn while significantly reducing harmful emissions typically consisting of unspent fuel.
Independent trials conducted by a third party (click here to view the report (http://click.icptrack.com/icp/relay.php?r=49743885&msgid=685898&act=BXO1&c=327844&admin=0&destination=http%3A%2F%2Fwww.pdfdownload.org%2Fpdf 2html%2Fpdf2html.php%3Furl%3Dhttp%253A%252F%252Fww w.greenchektech.com%252Freport%252FGreenChekReport .pdf%26images%3Dyes)) demonstrated that the Company’s technology lowers emissions by as much as 50%, reduces fuel consumption, increases horsepower, improves engine life, reduces maintenance costs and requires only minimal driver maintenance and intervention. As might be expected, the company has begun the process of patenting the unique aspects of its technology. With this incredible technology at their disposal, GreenChek Energy Resourced Ltd. plans to...
Focus on transportation segments where the ERD-1.0 system can provide exceptional returns because of high fuel costs and Kyoto Protocol Treaty emissions penalties. Such segments include heavy-duty vehicles, light trucks, ships and locomotives;
Develop industry-specific products for each major market segment;
Establish relationships with manufacturers and distributors globally;
And March was a month of exciting news for GCHK as it announced the advancement of its ERD technology with the release of ERD 2.0. According to Lincoln Parke, President of GreenChek, “…it requires less maintenance and increases our ability to link units together in a modular format for greater efficiency. The ability to link units together contribute to further fuel cost savings and greater emission reduction, at the same time maintaining durability and overall quality to ensure that the systems have a long life. We are very pleased with our ERD development. This opens the door for GreenChek to implement its fuel saving and emission reduction technology to a wider range of vertical markets, in the future.” For the complete story Click here (http://click.icptrack.com/icp/relay.php?r=49743885&msgid=685898&act=BXO1&c=327844&admin=0&destination=file%3A%2F%2F%2FC%3A%5CDocuments%2520a nd%2520Settings%5COwner%5CMy%2520Documents%5CMy%25 20Pictures).
The company also announced plans to expand manufacturing to Tianjiin, China and believes the manufacturing plant will be operational in 8 weeks. Management also believes that the production capacity for the facility to be 1050 units per production line per month. At current prices, this translates into roughly $50.4 million dollars in annual revenue per production line, at full capacity. Parke noted, “The manufacturing facility in Tianjin, China will enable our Company to address the growing demand for emission reduction devices in multiple markets. The new US EPA standards indicate that there is an increasing demand for these devices. The manufacturing facility further illustrates that GreenChek is well positioned at the forefront of this new green economy.” To read the full story Click here (http://click.icptrack.com/icp/relay.php?r=49743885&msgid=685898&act=BXO1&c=327844&admin=0&destination=http%3A%2F%2Ffinance.yahoo.com%2Fnews% 2FGreenChek-Expands-bw-14586437.html)
There is also a nice video presentation on the GCHK website (http://www.greenchektech.com/ (http://click.icptrack.com/icp/relay.php?r=49743885&msgid=685898&act=BXO1&c=327844&admin=0&destination=http%3A%2F%2Fwww.greenchektech.com%2F) ) that you should check out to get a better feel for the technology.
And the chart? Well… we certainly like what we see right now. In fact very constructive technical signs include:
A stochastics emerging from oversold levels
An MACD posed for a bullish crossover of the short average back above the longer average
A bullish MACD/Price divergence where the MACD is making a series of higher-lows yet the price is trading sideways to marginally lower.
<img alt="" width="304" height="419">
With the stock trading under 25 cents (near its 52 week low), and recent announcement regarding its advanced technology and an expansion into China, we think the time is NOW for members to revisit shares of GCHK.
Remember, the last few times we have alerted members to this stock it has moved appreciably higher. And while no one knows for sure what will happen this time, we think that both the Company’s fundamentals and technical chart suggest we could see much higher prices very soon.
The recent double bottom at 20 cents was a very encouraging sign for us. This may signal a strong support level for the stock and we could see some good upside from here. If it cannot hold that level, we think you should seriously scale back any position you have and get out.
There will likely be resistance near the $.31 level, which is shown in the chart above to be the 50 day moving average. If GCHK can firmly break past that point, we think it could be off to the races and everyone could have some fun with this one! Keep your fingers crossed.
So make sure to research GCHK and all the great news that has been coming out as of late… and then get GCHK back on your radar right away. Remember….GCHK has a pattern of making HUGE moves very quickly and we don’t want members to miss out on ANY of the trading action.