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American Penny Stocks to Watch - October 19 to October 23, 2009

China Tel Group Inc.
Symbol: CHTL
Exchange: OTCBB
Industry: Technology
Products: Telecommunications

Company Website: Click Here
Company Info: Click Here
Quote and News: Click Here
Profiled Price: $0.45   (October 16)

Company Snapshot:

ChinaTel Group Inc. is a business entity forged through a merger with Trussnet USA and a Wholly Owned Foreign Enterprise (WOFE) in the Peoples Republic of China (PRC), to acquire and operate WiMAX networks in key markets throughout the world.

Note: The weekly stocks to watch are selected by a number of criteria. The weekly stocks to watch should not be construed as stock picks. Stocks to watch companies are companies that should be watched because of significant happenings in the company or their stock price. Momentum, important or significant financials and news releases, strong technical analysis indicators, unusual volume or stock price increases as well as other criteria are some of the criteria we look at when selecting our weekly stocks to watch.


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