AMWI – Buy on the Bottom?

Amwest Imaging Inc (OTC:AMWI) is still being actively pumped, but the price hasn’t moved too much in the last few sessions. It is not clear yet if the promotional pump has run out of fuel, or there may be another spike.

AMWI has been as low as $0.09 oday and has lost nealry 40% in he stock market today (so far).

Yesterday, AMWI closed flat at $0.179 with approximately 8.8 million shares changing hands. It should be noted, though, that the price reached $0.196 during the session.

The lower volume may be seen as a sign that the pump has lost power, but this isn’t certain. The company does its part of the job. While it doesn’t provide actual information about its financial state, it issues press releases.

On Monday, AMWI announced the completion of the acquisition of Zipclik Technologies, a 256 AES encryption software. Then, yesterday AMWI announced the “launch of its unique SMS/Mobile marketing package.”

Until there’s some more clarity about the real condition of the company, there will be a lot of space for speculations to run rampant.

In such cases there are always some winners and a lot of losers.

Would you like to receive the #1 rated penny stock newsletter?

If you answered yes, then receiving Aim High Profits’ Penny Stock Alerts will help guide you to some of the biggest and most profitable trading alerts and techniques that are proven to bring in the “big bucks”.

***Reminder: never chase stocks that gap at the open and always protect your profits!


  • Do your own research.
  • Trade Responsibly.
  • Verify everything.
  • Do not use market orders to enter a position, use limit orders.
  • Have a System That fits You.
  • If a Stock Gaps Open, Look for Pullbacks to Enter.
  • Plan a Trade and Trade a Plan.
  • Always use stop loss orders to protect yourself.
  • Positive Self- Belief.
  • Keep trading as Part of a Balanced life.
  • If a stock breaks below our alert price GET OUT. Do not wait.
  • View Trading as a Score in Points and Not In Money:
  • Always take your profits whenever you can. Do Not Be Greedy.
  • Work Hard at Learning How to Trade Properly and Keep Working.
  • Do something to make someone else’s life better today.

Last updated by at .

  Recent Penny Stock News