STWG Trading on Enormous Volume
Already trading on relatively enormous volume of 1,250,000 shares as of 11:12 ET, S2C Global Systems Inc. (OTCBB: STWG) systems has garnered a great deal of investor interest on news that it has significantly expanded its immediate addressable opportunity with the pursuance of business relationships in the European Bottled Water Market.On top of the North American bottled water market, expected to be worth as much as $16B by the end of '07 and nearly $20B by 2010, STWG is now building valuable inroads into the E$1.2B Western European bottled water market via signing of a Letter of Intent for a distribution/marketing relationship with GB Support Services of Manchester, UK.
In today’s economy, a number of factors are contributing to steadily decreasing margins and fixed unit pricing in the estimated $1.7B 5-gallon segment of the North American bottled water market which is forecasted to reach $16B by the end of 2007. As noted by S2C officials – by its own success –which is reflected by high consumer demand in retail environments - the 5-gallon space has created a need for an optimal distribution solution that gets product to the point of purchase with minimal costs.
The European market, although smaller in size, mimics many of the same characteristics of its North American counterpart, making S2C penetration highly likely.
This mornings near 6% dip on high volume may prove an ideal entry point, with millions of eyes on the stock today, we suggest taking a long, hard look here before sub $.10 levels are in our review mirrors.
Labels: S2C Global Systems Inc., STWG
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