After going MIA for a week with no emails, AwesomePennyStocks and PreferredPennyStocks (Victory Mark) have effectively called for the end of summer with the [re]announcement of their new pick PWEI. PWEI was previously promoted by PreferredPennyStocks last year from October to early December and proved to be one of their best picks of all time providing traders with multiple opportunities to make some serious money.
Today in the StockHaven chatroom, we alerted PWEI as soon as the blocks hit premarket and confirmed it the moment emails hit live via microphone. We were able to take advantage of the influx of liquidity and pocket a quick 25-30% in less than 15 minutes! Although that’s not the gains we’re used to seeing from AwesomePennyStocks picks, making a 25-30% return on your position in less than 15 minutes is never a bad thing.
Moving forward, we need to understand that PWEI has over 1.4 Billion outstanding shares in it’s share structure, about 2 to 3 times as much as a typical AwesomePennyStocks/PreferredPennyStocks play, which could limit the price action unless consistently large volume continues to be traded so be realistic in your price targets. 0.11, 0.15. and 0.20 are good immediate targets with stop losses at today’s intraday support levels at 0.07-0.075 and 0.065, should the promoters decide not pull the plug early.
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