World Moto, Inc. (OTC: FARE) is the new pick from AwesomePennyStocks that has investors jittery and thinking it may collapse at any moment. Their last pick SVEN was a complete disaster and many think they cannot match the sucesss of TAGG with this one.
According to APS; "FARE is the world's first motorcycle taxi meter according to CNN, Newsweek and Moneylife! The Times named FARE's technology "one of the most significant innovations of this decade" and Fast Company declared it "The First Real Taxi Meter Innovation in 100 Years… a $3 billion dollar idea."
While the stock has little fundamntals to back up all this hype that has certainly not stopped APS in the past. None of their picks have anything real but many have made highly explosive moves.
Investors want to know if World Moto, Inc can match the success of TAGG and my answer to them would be that its highly unlickely. As I stated in my article the playing field on the OTCBB changes very quickly and what works great one day may not work at all several weeks down the road.
For more info on APS and the short ball wrecking crew please go here: APS pick FARE
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.