TGIF, my Roaches!
Traders in the know have given up trying to keep SourcingLink.net, Inc. (SNET) and its “car sharing” business a secret now that it’s turning heads in Hollywood. (Read more)
About 45,000 of the beautiful people…and millions watching online…saw SNET’s limos and other luxury cars ferry the stars from party to party at this year’s Sundance Film Festival! (Read more)
The stars love anything that lets them look both fabulous and environmental, so it’s no wonder SNET’s naked push to court celebrities has its shares all revved up.
SNET: a green promise, a dot-com name and action galore!
As SNET says, its business model means “less congestion, less pollution, less dependence on oil and cleaner, fresher air to breathe.” (Read more)
You can imagine how well that’s going over in green-leaning Hollywood!
The SNET growth strategy is pretty genius: start by teaming up with a talent management agency like the all-star Philip Group or some other big “anchor” client who needs a lot of luxury cars. (Read more)
But those stars aren’t driving around all the time, so SNET then leases the fleet out to little people who just want a slick ride for a day or even a few hours…at up to $250 an hour, not counting mileage and membership fees! (Read more)
SNET thinks its car-sharing service can easily scale up to serve 10% of the American population, taking up to 10 vehicles off the road for every 1 they buy. (Read more)
With 200 MILLION cars to replace at up to $250 an hour, SNET has an almost endless opportunity here to transform the way we all travel.
They’re already opening satellite SNET offices up and down California…and in Nevada…and Georgia, Pennsylvania, Arizona, the list goes on! (Read more)
Kicking yourself for not playing Zipcar? Don’t miss SNET!
Naturally, if you think “car sharing,” you think Zipcar, which went public last year in a huge IPO and now has close to a $600 MILLION market cap.
Then you’ve got SNET, which barely has 69 million shares on the market at well under 4 cents apiece…and a higher-end business model. (Read more)
Given a radical value disparity like that, it’s no wonder SNET has really hit the accelerator pedal the last few weeks: daily turnover has soared 4,200% since around Christmas.
Say it another way, 80% of all SNET shares moving in the last 52 weeks have changed hands in the last month and a half.
And the price action has been out of control as all those traders pile into this ticker? How do you like an average upward swing of 17%, whenever SNET’s moved at all!
More to the point, could you live with yourself if you didn’t give yourself a chance at a ride like that?
Go on, babies. Load SNET up and be on the lookout for opportunities.
Papa Roach
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