Our highest rated stock for this week – Obscene Jeans Corp. (OBJE)

Current Price: $2.90

OBJE is clearly one of the best stocks that we could be naming as the SpeculatingStocks Stock of the Week for the trading week of 5/2 - 5/7. We looked at other stocks, but OBJE stood out.

The company announced last week that it will be presenting a sneak peek of their new Obscene Jeans denim line in Las Vegas on Wednesday of this week, May 4th.

OBJE traded 20,000+ shares everyday last week and traded from our discovery price point of $2.60 to $2.90. Smart money has begun to pour in, accumulating OBJE shares.

OBJE has completed negotiations with a global Chinese distribution company. The Chinese distribution company is authorized by the Chinese government to export goods to Brazil, Australia, the U.S., Singapore, the Philippines, North and South Korea, Japan, Russia, Norway, Finland, The Netherlands, Kuwait and Dubai.

OBJE jeans are flashy and sexy and we could be seeing the next True Religion, TRLG, at a an early stage with OBJE. TRLG traded from under the $1.00 level to over $30 now.

Russ Urban, owner of SpeculatingStocks.com, Inc., currently has a position in OBJE of 9,800 shares, purchased in the open market. He may sell at anytime. Never invest in a stock mentioned on SpeculatingStocks.com or mentioned in email alerts unless you can afford to lose your entire investment. Please read our legal disclaimer at http://www.speculatingstocks.com/LegalDisclaimer.html