VELA string of 4g broadband deals...Recent doubling

Anticipate closing E. European deal this week

Picked By greenbackers
Picked: November 1, 2011 6:51:54 AM PDT
Rating

CHINA TEL GROUP INC (Pink Sheets: VELA) - Open

Symbol Position Allocation Picked Current Price
VELA Long 1% $0.1700 $0.0186 -89.06%


Opened November 1, 2011 6:51:54 AM PDT
Closed -
Risk -
Target Date -
Target Price -
Timeframe -
Suggested Stop Loss -
Holding No Position
Disclosure -


One stock we're tracking closely at www.greenbackers.com , and you should check into too.. is VELA

The stock is growing quite rapidly with the launch of their 4G TD-LTE broadband networks in several countries.

Very strong subscriber growth following stores opening in Peru in Sept.
http://finance.yahoo.com/news/VelaTel-Global-Communications-iw-2272851033.html?x=0


Very strong one month chart.http://www.barchart.com/quotes/stocks/VELA
Barchart opinion: Strong Buy

Several deals expected to close next two weeks / Nov. including one in E. Europe

Expect the stock to take a stab at .20 this week.
w/ongoing strength into Nov.  View as 1-2 bagger into year end should they get the go-ahead on pending deals.  Also if they report sales in Peru exceeding forecasts.

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