Sauer Energy Inc (OTCMKTS:SENY) Still Going Up

[[tagnumber 0]][[tagnumber 1]]The stock of Sauer Energy Inc (OTCMKTS:SENY) doesn’t usually get a lot of investor attention, despite the fact that the management thinks that there has been increased trading lately and that’s what was pushing the price down.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The truth is that [[tagnumber 6]]SENY[[tagnumber 7]] is not even remotely worth the valuation that it has and there is a pretty easy way to see this. Just take a look at the company’s financial report for the quarterly period ended February 29, 2016and check out the numbers of prime interest contained in its balance sheet.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $5 thousand[[tagnumber 13]] [[tagnumber 12]]current assets: $20 thousand[[tagnumber 13]] [[tagnumber 12]]current liabilities: $206 thousand[[tagnumber 13]] [[tagnumber 12]]revenues: ZERO[[tagnumber 13]] [[tagnumber 12]]net loss: $159 thousand[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Those numbers are terrible, even by OTC marketplace standards. Yet, [[tagnumber 6]]SENY[[tagnumber 7]] management thinks that trading pressure was pushing the price of the stock down. This was stated in a fluff press release issued on May 9, despite the fact that the company stock was already climbing the charts for an unknown reason.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The press release also lectured people on short–selling and mentioned that stock manipulation is a crime. It is interesting that [[tagnumber 6]]SENY[[tagnumber 7]] has finally gotten around to mentioning that. They didn’t seem to feel the need to inform the public that stock manipulation is a crime when their stock was pumped by paid promoters last year.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Still, [[tagnumber 6]]SENY[[tagnumber 7]] made a decent climb. The most recent session saw the ticker gain 17.86% in value and close at $0.0429. A total of 2.95 million shares changed their owners and generated $134 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Things, however, might change pretty soon. [[tagnumber 6]]SENY[[tagnumber 7]] is already severely corrected in today’s session, sitting 31.23% down the charts. Be certain to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]