OrderPro considered a strong speculative buy

Xcel Associates Inc. has rated the common shares of OrderPro Logistics as a strong speculative buy, based on preliminary investment research. The Hazlet, NJ-based investment group said OrderPro is a development-stage company that has devised a business plan that has vast potential. Xcel director of research William N. Walling Jr. said the logistics company seeks to provide licensed freight brokerage

Xcel Associates Inc. has rated the common shares of OrderPro Logistics as a strong speculative buy, based on preliminary investment research.

The Hazlet, NJ-based investment group said OrderPro is a development-stage company that has devised a business plan that has vast potential.

Xcel director of research William N. Walling Jr. said the logistics company seeks to provide licensed freight brokerage and related on-site logistics management services to shippers, both using OrderPro, its proprietary, web-based software application, and intends to launch a strategy of acquiring small trucking companies.

However, Walling warned that OrderPro shares are strictly speculative and therefore suitable only in risk-oriented portfolios for a number of reasons. These include OrderPro's still development-stage, deficit working capital, extraordinarily volatile share price and limited trading volume.

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