Stock to Gamble On: Element 21 Golf
Rarely do I recommend individual stocks, let alone a penny stock company that isn't profitable. However, there are exceptions to every rule. With the Dow climbing over 13,000 it is becoming harder and harder to find "good deals". There are so many elements (no pun intended) to this company that excite me:
- Element 21 golf clubs (e21) are produced using a proprietary metal alloy called scandium (originally developed for fighter jets and advanced aeronautics). It is almost perfectly balanced and provides less shock to golfers. Essentially, this company has created a better mousetrap and is probably the most innovative product to hit the golf market since titanium was introduced.
- The management assembled to run this company is top notch. They recently added board members, CFOs and other top management positions with experts in their fields.
- The publicity of this stock has been amazing. It has won numerous awards from golfing magazines, trade shows and even holds the Guinness Book of World Record for the longest drive. This was accomplished when a cosmonaut hit a golf ball with an e21 club from the International Space Station over Thanksgiving. I think the ball is still in orbit.
- The PGA has approved this club for use in tournament play.
- Just today, an independent lab proved the superior accuracy of e21 clubs over the three current top selling drivers.
These are all great things for the company, but what excites me the most is this company is selling for a price way below its 52 week high. I love buying things on sale. Element 21 recently shipped its clubs (in March) to retail stores nationwide. It is only a matter of time before the public and the pros start turning to these superior clubs. Hopefully, the stock price will rise as these clubs become the standard. Check out the financial information and recent news at Yahoo! Financial Site.
Disclaimer: This stock is extremely risky and may not suit your current investment strategy. Please perform your own due diligence before investing in any stock.
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