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$40 million contract with its joint venture partner on Monday. This news caused the stock to rise 38% on 30 million volume traded on Tuesday, following up a more than 100% move the previous day. AETI had strong afternoon trading despite a weak market on China fears, a testament to how huge this news is for such a small company. We are up to 738 followers despite not giving out a lot of alerts, a fact that we think is indicative of a successful, diligent and prudent stock picking history. If you like our picks you can follow our blog by clicking the follow bu*ton on the top of the left hand panel. You can also follow us on Twitter @STOCKTRADEPICKS While AETI has nearly tripled, its market cap is only $13 million. A higher market cap is certainly justified based on this news: Chinese joint venture, BOMAY Electric Industries Company, Ltd. (“BOMAY”), received orders for 40 control systems to be used for new Chinese domestic drilling rigs. Ten units will be shipped prior to next year’s Chinese New Year in February and the remainder will be shipped by July 2019. The estimated value of the order is approximately US$1 million for each system. AETI has the second for oil drilling land rigs, and to be chosen to produce these systems to help develop domestic Chinese oil and gas fields. Mr. Cheng Bo also added that as part of the domestic development of Chinese oil and gas resources, BOMAY has designed and built one 2,500 HP and one 3,000 HP medium voltage drives for fracking pumps. These units valued at US$500K each, are currently in test.  Also, BOMAY recently designed and built a 2000 HP direct drive draw works for retrofits of old and new drilling rigs. Value for each system is approximately US$700K, Electric Brazil. The project is expected to last up to 24 months and reinforces the company’s market strategy to move into the offshore oil production segment. “We are glad to help our customers in this decommissioning project in a safe and environmentally responsible