Mega Stock Picks Initiates Coverage of Mission NewEnergy Limited (MNEL)
Shares of this growing Nasdaq company are expected to double in coming weeks, reports Mega Stock Picks
Mega Stock Picks, which publishes a free newsletter at www.megastockpicks.com, announced today that it has initiated coverage of Mission NewEnergy Limited (NasdaqGM: MNEL).
The stock market research site reports that MNEL could be one of this year's big gainers. Shares of MNEL closed Wednesday at .94. That closing price is just pennies from its 52-week low while the year high for MNEL is 8.15.
Analysts at Mega Stock Picks report that shares of Mission New Energy Limited (MNEL) are expected to double in the coming weeks. The short-term target price for MNEL is $3 and the long-term target price is $8.
Mission NewEnergy Limited (MNEL) is a renewable energy company which owns and operates biodiesel refinery plants. The company also engages in the cultivation and supply of Jatropha Curcas, an inedible biofuel feedstock.
The company owns and operates two wind energy turbines. It has operations in Asia, Australia, Europe, and North America. Headquartered in Osborne Park, Australia, Mr. Nathan Mahalingam serves as the Chief Executive Officer.
For further information on Mission NewEnergy Limited (MNEL), visit the company's web site at www.missionnewenergy.com.
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Mega Stock Picks
Editor
Tel: 651-368-8010
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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