Shares in penny stock of Great Wall Builders Ltd. (GWBU) are crashing just like we said they would. Since May 15th, AimHighProfits has been issuing warnings regarding the risks involved with investing in GWBU. Just like its predecessors NSRS and SNPK, GWBU will will issued a name to correlate with its symbol like Get Well Bagholders Underwater©
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As of mid-day Thursday, GWBU stock price has dropped -44.37% to $0.79 with volume of 9,141,629 shares traded thus far. Over 3,500 trades have already been executed, the most on the OTC Exchange, with dollar volume already over $10 million.
Similar events have taken place with the penny shares of North Springs Resources Corp. (NSRS) and Sunpeaks Ventures Inc. (SNPK). NSRS stock price rose from just $0.07 in early December, 2011 to a high of $1.72 on February 7, 2012. The shares came crashing down soon after and are now trading at $0.028. SNPK stock had a similar pattern rising from $0.43 on March 8th to $2.40 on April 18th. Within minutes of touching $2.40, SNPK stock price dropped to as low as $0.65. The shares never recovered from their crash and are currently trading at $0.059.
About GWBU Stock
Great Wall Builders, Ltd. and its wholy owned subsidiary, Start Technologies Europe I.G., d/b/a Start Technologies, owns the exclusive manufacturing and distribution rights to the Start Fuel Efficiency and Emission Device (FEED), an aftermarket device for internal combustion engines that enhances performance by causing fuel to combust more efficiently and completely. The technology uses a high-voltage electric current to break long-chain hydrocarbon molecules into shorter, lighter more volatile molecules.
Some sources claim the next penny stock which, most likely will follow the same pattern is that of Georgetown Corporation (GTCP). GTCP stock price is currently $0.40 with volume of just 4,203 shares.
About GTCP Stock
Georgetown Corp. is an exploration or exploratory stage company involved in the examination and investigation of land that may contain valuable minerals. The Company plans to continue its growth organically, search for new acquisitions, and expand geographically. Through its subsidiary, it provides oilfield services and equipment to independent and major oilfield companies in exploration, production and development of oil and gas properties, domestically and in selected international markets.
Bottom Line: Making money on high profiled penny stock pump and dumps like these are lucrative, but extremely risky when the persons behind them have a proven track record. If you got stuck with NSRS or SNPK, the best advice to take is to contact the transfer agent, ask for your share certificates to be printed and sent to you, frame them and put them in front of the toilet to remind you each time you flush.
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