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About Resource Exchange of America Corporation - (OTCBB:RXAC)
Resource Exchange of America Corporation is working to become a recycling powerhouse by rolling up companies within asset recovery, processing and brokering of ferrous and nonferrous scrap metal. With its access to deep-water ports, the company will be able to sell the scrap metal to clients domestically as well as abroad. Resource Exchange of America Corporation will bring together the best companies within the recycling industry and elevate them to excellence, drawing on the strengths of the individual companies while combining forces to achieve synergies and be able to tackle the biggest jobs.
A fast-emerging scrap metal recycler, RXAC is on a lightning fast path tohuge profits and could be the industry's next billion dollar buyout.
This is one that flies so far under the radar many investors never even think of it - but scrap metal is one of the most profitable commodities you can be invested in.
I'm telling you about it today because this $65 billion a year industry is making a major comeback as the U.S. and world economies continue their recovery.
Greenspan likes it. Motley Fool likes it. Even Buffet and Gates like it.
Alan Greenspan, the guru of economics, has been known to say that you can gauge the temperature of the economy simply by looking at the scrap metals market - and prices in the scrap metal market are rising quickly.
Buffet and Gates both have holdings in a solid waste company - Buffet just increased his, in fact. That always tells me he is positioning to make more money in a sector - one he believes is going to take off.
Do your homework now!
The Shamrockstocks Team
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Find the members with the highest scoring picks in RXAC.
TMFStockSpam (27.56) Score: +457.41
The Score Leader is the player with the highest score across all their picks in RXAC.
Top Pick |
Member Name |
Member Rating |
Start Date |
Call |
Time Frame |
Start Price |
Stock Gain |
Index Gain |
Score | Commentary |
---|---|---|---|---|---|---|---|---|---|---|
TMFStockSpam | 27.56 | 9/29/2010 | NS | $57.00 | -99.86% | +357.55% | +457.41 | 3 Comments |
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