Throughout the whole day yesterday, a bunch of stock promoting websites sent promotional e-mails on Sauer Energy, Inc. (OTC:SENY), while early in the morning the company issued its regular press release. The result of that joint action was a jump of the share price to a resistance level and a huge trading volume. 
SENY closed 5.70% higher at $0.50 for a share, while the trading volume exceeded 663,000 shares. The resistance mentioned above was $0.525 and technically SENY could appreciate further today if the countless promotional newsletters sent out yesterday manage to add more buyers today.
According to our newsletters database, it is a new promotional campaign that has started out and many of the most influential promoters on the market are participating in it. We have counted 16 e-mails, all sent in just one day, and the total budget of the promotion is $40,000 – high enough to have some impact on the trading.
Yesterday’s press release of Sauer Energy said only that the company’s WindCharger turbine has been again tested and again proven outstanding, yet the market would still have to wait until the official launch in early 2012 to test it itself. Until that time, SENY will most probably remain a company with no sales and minor assets but still highly praised by traders and promoters.
Market cap is currently at $38.1 million, while SENY total assets amounted $290,000 at the end of May this year. In any case, that market valuation seems way too optimistic, even taking into account that SENY technology might have some potential and that the company has no substantial debts.
