We have been reporting on GWBU since it was officially announced by AwesomePennyStocks.com APS as their new big pick a few weeks ago when GWBU was trading around $1.10. Since then the stock has risen to as high as $1.73 before dropping back down and forming a base here in the $1.50 range. GWBU closed Friday at $1.48 on 1.7M shares traded.
The driving force behind GWBU is APS and judging by their prior picks and the fact that there is a $4M hard mailer campaign in the works we think GWBU could go much higher in the next month, possibly near the $2.50 mark. However, the chances of a significant short term drop beforehand is likely, possibly to $1 or less, this would be the smart investors signal to buy.
While the promotion continues over the next month or so we can continue to expect big volatility and trade opportunities from GWBU but make no mistake about it. This sky high $500M + market valuation won't last long. Just like SNPK SNPKE or NSRS, GWBU will crash and burn hard. Come August, GWBU will trade for a quarter or less.
Great Wall Builders, Ltd wholly owned subsidiary Start Technologies Europe I.G. owns the exclusive manufacturing and distribution rights to the Start Fuel Efficiency and Emission Device (OTC: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. The patent-pending device produces a number of important benefits, including; lower emissions; reduced fuel consumption; and improved engine performance. The technology can be applied to a variety of different types of engines, diesel and gasoline powered, heavy equipment as well as consumer vehicles.
OTCMagic.com covers anything that is hot and happening in the small cap markets. You can find our numerous articles on GWBU APS on our homepage and in our Market Watch sections.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.