San Diego, CA 5/18/2009 8:21:28 PM
News / Finance

Small Cap Network Issues Update For Penny Stock Pick SCLW (formerly IDAE)

Penny stock pick Socialwise Inc., formerly known as ideaEDGE Inc., merits management of the trade followinhg its recent sharp rally

The Small Cap Network (smallcapnetwork.com), a leading online investment community focused on small cap stocks, has issued an update for the site's penny stock pick of Socialwise Inc. (SCLW), formerly known as ideaEDGE Inc. (IDAE). Socialwise was recommended on May 11th, but has rallied sharply enough that profit-protection measures shoud now be applied.

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The name change, though only a technicality, appears to have prodded a new wave of buying. The website's instructions clarify how traders can find a balance between continuing to profit from the stock's momentum, yet building an exit strategy that retains strong profits in case the stock moves adversely.


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About SmallCapNetwork

SmallCapNetwork.com's commentary and trading ideas are based on a combination of fundamental analysis, company news and events, and technical analysis. This combination of several kinds of criteria allows the site's analysts to find the very best trading ideas, which is why the site is quickly becoming the premier web destination for those seeking superior returns.

The Small Cap Network is one of the web's leading small cap stock trading communities. Though large caps tend to receive the majority of media attention, small and micro cap stocks as well as penny stocks can often offer the most potential for investment gains. The Small Cap Network web site and free newsletter offer in-depth fundamental research and technical trading recommendations on select companies within the global equity markets, including small cap stocks, micro cap stocks, bulletin board stocks, and actively traded penny stocks.

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Source: Small Cap Network