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Top Ten Penny Stocks traders should know about for the week of May 3rd 2010

Boca Raton, FL- a Top Penny Stock newsletter presents stocks that have impact news and positive technical charting indicators on the OTC BB: and Pink Sheet markets. In addition to our newsletter, is quickly becoming the fastest growing network destination for Penny & Micro-Cap stocks. With our over 30 years combined experience; our team of research analyst pride themselves on small cap companies that are diamonds in the ruff.

At The Stock Wizards, we analyze daily market activity and provide our members with our technical outlook, winning stock picks, a weekly top ten list, and daily trading tips from the Traders Corner section of our website.  We follow certain patterns and bring you break out alerts, volume spikes, breaking news, upward trends, mergers and more.  We do all the research for you and send it straight to your inbox.

CVAT (OTCBB) Sector: NANO Technology

CVAT – Cavitation Technologies, Inc:

Cavitation Technologies (CVAT) Inc is a “Green-Tech” company, established in 2006 to become a world leader in the development of new cutting edge technologies for the: edible oils processing, renewable fuel, petroleum refining, water treatment, wastewater sanitation, petroleum, food, beverage and chemical industries.

Biofuels Digest, the most widely read biofuels daily publication in the world, chose CVAT as one of the “50 Hottest Companies in Bioenergy.”

CVAT ‘s flagship product is called the BioForce 9000 (biodiesel technology). This fully automated system performs complete transesterification fully converting all mono, di, and tri-glycerides contained in feedstock (such as animal fats and vegetable oils) into methyl esters (biodiesel).

Cavitation Technologies (CVAT) will install its first edible oil nano technology refining system as a result of its exclusive licensing agreement with Desmet Ballestra which is the market leader providing the most advanced and efficient processing equipment and systems to the $100 Billion Dollar a year food oil extraction and refining industry.

This first edible oil refining system installation is being done in conjunction with industry leader Desmet Ballestra for one of its 5,000 potential clients in this sector.

Technical Outlook

Cavitation Technologies (CVAT) seems to be building momentum as the days go by. The chart is really getting our attention, money flow indicators indicate the stock can move higher. Nice set up occurring. A weekly close above the 50 – day moving average (.17) should get the party started.

To get the full list of top10 stocks for the week please click here.

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