SNVP: Savory Energy Corp.

SNVP looks to be the next big pump penny stock, but there is reason to be weary. Grassroots and many different penny stock pumping agencies have begun soliciting SNVP as their pick for the month of November, and while the big picture might look bright and prosperous it can also turn dark and gloomy in the snap of a finger.

First let's take a quick look at the company SNVP. I have actually had the luxury of following this stock for the past few months now and although I missed out on today's big pump and this weekends emails from solicitors, I saw this one coming. This company has gone through a number of name changes and mergers bouncing between the male hygene industry to it's current line of work in "the selling of oil that has been extracted from wells". And while their current claim that they are working on 4 different properties located in Gonzales County, Texas may cause excitement in the industry, i'm not sure it is enough to give this stock a $2.92 price projection that grassroots research is providing.

Bottom line, I don't trust that price as far as throw it (I believe they call it making it rain these days). Nonetheless keep an eye out for this one, there is definitely a huge potential for money to be made here if you are willing to take the risk and can get out in time. As of now, this stock closed at .152 today, after a 90% gain on no news (other than the pump emails). I have no problem valuing this stock in the .10-.30 range (as it has been over recent months), and with this pump there is potential for .85 or so. BUT BE CAREFUL! If you are interested in the risk and the huge investment potential, I would recommend considering buying and holding for a nice 1 bagger or so. If this thing does make it to .85 or so it will eventually all fall down before you know it, DON'T GET CAUGHT HOLDING THE BAG! Don't get caught up in the greed, play it safe and take your profits! Best of luck to all!