(EMAILWIRE.COM, May 04, 2012 ) Los Angeles, CA - Monster OTC (http://www.monsterotc.com) has initiated coverage on Houston American Energy Corporation (NYSEAMEX: HUSA).

Houston American Energy Corp. (NYSEAMEX: HUSA) had been beaten down from $20.90 to $1.50, then a pop came and (HUSA) ran to $3.02. Since then it continued to trickle down, finally closing at $2.23 on Wednesday.

On Thursday, Houston American Energy Corp. (HUSA) announced a small share offering at the price of $2.12, but (HUSA) didn't fall to $2.12, it dipped all the way to $1.52 before making a strong surge into close and hitting $1.96, finally closing at $1.93.

Even with the share offering (HUSA) still has a small float and if they hit oil in South America, HUSA becomes a $10 stock just like that.

We at http://www.monsterotc.com have a big board alert coming that we believe will pull a one day 50% gain, so visit us today and become one of our valued subscribers.

To finish up, we rate HUSA a "strong buy" and give (HUSA) a three month price target of $10, meaning a 500% gain from here.

About Monster OTC
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MonsterOTC.com

Alan Goldstein

855-840-2644

info@monsterotc.com


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