Well Power (WPWR) Gets Pinged As A Top Penny Stock

Shortly after StockTips’ pumping and dumping of Pingify International Inc. (PGFY) was suspended by the SEC back on May 13th, their previous penny stock promotion, Well Power, Inc. (WPWR), suddenly put on its green cap and has been climbing upwards ever since. The top traded OTC stock for the morning portion of today’s session, WPWR shares were trading as low as 0.08 just last week and despite virtually every single newsletter having already been paid to get dumped on by sending alerts on it prior to that, this pig is flying a lot better than the broken winged pelican sent out by PennyStocks.com, Rainbow International, Corp. (RNBI). Grabbing the attention of traders looking to score a big win before the 3-day weekend, holding through tomorrow afternoon could send your profits up in flames.

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Market Cap: 22.02M
Last: 0.204 ▲ +0.014 (+7.37%)
Volume: 8,993,927
Dollar Volume: $2,083,295
Open: 0.208
High: 0.2789
Low: 0.185
Trades: 2,060
14-Day RSI: 56.11%
1st Resistance Point: 0.2603
1st Support Level: 0.1664
52Wk High: 2.00
52Wk Low: 0.05

Teetering on the soon-to-be-suspended watch list, Well Power has had a remarkable recovery since skidding down -90.36% from its 0.83 high in March when still an active promotion from StockTips.com. The lack of compliance with the SEC by filing timely 8K’s to support the numerous press releases issued since the WPWR stock pump began in early February only increases the risk of joining the group’s most recent pick, PGFY, on the SEC suspension list that much greater, especially since it has gained a ton of attention over the last two trading sessions.

Those who weren’t playing the momentum of WPWR early in this morning were likely over at the Alternaturals, Inc. (ANAS) board chomping on the under-a-penny shares of the formerly named Premier Mortgage Resources Inc. (PMRS). Spiking to record their highest volume trading session of the year, ANAS stock traders enjoyed a session without the pressures market maker Wilson-Davis & Co., Inc. (WDCO) had been putting on the Hemp and Cannabis related products distributor as shares peaked midday for better than 200% gains since yesterday’s lows.

Other highly sought after penny stocks that ended the session with some green power included New World Gold Corp. (NWGC), up 168.75%, Creative Edge Nutrition, Inc. (FITX), up 10.53%, and Frozen Food Gift Group, Inc., (FROZ), up 43.48%. With tomorrow being the day before a 3-day weekend, pullbacks on all of the above are expected opening an opportunity for some buying opportunities late in the session for those who can stomach the risk.

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About WPWR Stock

Well Power, Inc. is a development stage company in the business of distributing Wellhead Micro-Refinery Units, deployable close to the wellhead, to process raw natural gas into liquid fuels and clean power.

Click here to view the SEC filings for WPWR.
Click here to view the website for Well Power.

Authorized: 4,500,000,000
Issued and Outstanding: 107,931,034

Last 5 Trading Sessions:

Date Open High Low Last Change % Change Volume
05/22/14 0.2080 0.2789 0.1850 0.2040 +0.0140 +7.37% 8,993,900
05/21/14 0.1260 0.1900 0.1251 0.1900 +0.0750 +65.22% 5,006,400
05/20/14 0.0940 0.1200 0.0871 0.1150 +0.0250 +27.78% 2,054,900
05/19/14 0.0940 0.0950 0.0850 0.0900 +0.0031 +3.57% 1,897,700
05/16/14 0.0900 0.0950 0.0800 0.0869 -0.0061 -6.56% 1,331,700

 

Bottom Line:

WPWR has managed to close green for 4 consecutive sessions now leaving some penny stock traders thinking there is a chance the shares return back to the mid-80’s that they so gallantly held in February when StockTips was putting their $4.1 million budget to work. It’s unlikely that Mike Statler who helped launch WPWR stock initially on a rather impressive run will be making a cameo appearance to boast of the huge gains one could make from getting into their picks days after the initial alert, but with the pending return of PGFY stock, the money being raised by re-pumping Well Power could help the group position itself for their next big money play.
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