Another QualityStocks Newsletter Featured Stock Hits New 52-Week High

 @ibtimes
on January 19 2010 11:50 AM

Jayhawk Energy Inc. hit another 52-week high earlier today, reaching a price of $2.13 a share. The stock closed trading at $2.12, up $0.28 a share or 15.57% for the day. The solid move up in price has been accompanied by an increase in volume to about 3.1 million shares, well above the average daily volume of approximately 715,000 shares. Jayhawk Energy was highlighted in the October 22, 2009 edition of the QualityStocks FREE Daily Newsletter. At the time, shares were trading for only $0.28 a share – investors have seen their investment multiply by nearly eight times since that date!

Jayhawk Energy is a domestic oil and gas exploration and development company. Jayhawk’s activities are focused on two major projects – 45,000 acres in the Cherokee Basin, Kansas and 17,000 acres in the Williston Basin, North Dakota. Shares are being buoyed by the recent announcement from the company that it has closed on two of the four tranches of Jayhawk’s $1.5 million debenture financing from institutional investors. Proceeds will be used to begin drilling wells in its North Dakota property.

The QualityStocks Daily Newsletter stands out as a premier source of information for microcap and smallcap investors. QualityStocks collates data from about 250 investment newsletters that focus on these markets that Wall Street routinely ignores. Each day QualityStocks gives investors recommendations and information gathered from these investment newsletter writers in one simple-to-use format. Other features include a ‘Top 3 List’ and ‘Stock Picks That Gain 50% in a Day’. To find these opportunities and to sign up for the QualityStocks newsletter, please visit www.signup.qualitystocks.net.

Share this article