Having performed quite well both from our initial coverage and when we issued alerts, the rebound The Alkaline Water Company Inc. (OTCBB:WTER) is having is gaining more attention. Currently trading 3X the dollar volume of that POS APS is pumping, Pacific Clean Water Technologies, Inc. (PCWT), the chances of WTER stock seeing $1 again is looking more and more likely by the day. With a CEO like Steven Nickolas running things and Brande Roderick helping to direct the marketing initiatives, there is actually a chance that the day will actually come where Alkaline88 is a real player in the bottled water industry.
Our Next Pick Is Coming Soon! Click HERE To Make Sure You Don’t Miss Any Of Our Breaking Alerts!
WTER Stock Quote
Market Cap: 56.75M
Last: 0.7149 ▲ +0.0499 (+7.50%)
Dollar Volume: $973,727
Issued and Outstanding: 79,387,175
14-Day Rel Strength: 55.06%
1st Resistance Point: 0.7349
1st Support Level: 0.6699
Looking for Hot Penny Stocks?
Click here To Receive FREE Penny Stock Alerts
More often than not, traders of penny stocks and micro-cap stocks tend to gravitate towards companies that are not just newly public, but have some kind of “niche” to their business. Although water has been around since the dawn of time, traders are well aware of the history beverage related penny stocks have had and it’s showing with The Alkaline Water Corp.
In case one failed to do their own due diligence prior to trading WTER stock, the appearance of revenues, $32,522, and a gross profit, $14,465, although small, is enticing enough to get longs to hold on. Those who are aware of how these procedures work will know that too long on WTER is only going to lead down one path, a red one.
Nevertheless, if you compare the program that once Awesome Penny Stocks, and now just Penny Stocks, is on with PCWT, there is no comparison. WTER is literally blowing PCWT out of the water and even off the top 20 traded OTC stocks list as of the time of this posting.
Take note though: The lack of 8-K filings to report press releases issued is a bit worrisome. The SEC has been cracking their whip of late and total compliance with their rules would make holding overnight and through the coming weekend a bit more easy.
About WTER Stock
The Alkaline Water Corp. is engaged in the business of producing, marketing and distributing alkaline water.
Last 5 Trading Sessions: as of 12:00PM EST
WTER has been a great penny stock since it began trading 3 month ago. It’s obvious the time for the support to end is approaching which makes the need to watch WTER stock all that more important to ensure you don’t go over the falls.
Our Next Pick Is Coming Soon!
Text Keyword “AIMHIGH” To 99000 To Make Sure You Don’t Miss It!