Yesterday, Wind Works Power Corp (OTC:WWPW) surged 7.30% to $0.25. The trading activity was lower than usual, though. Nearly 74 thousand shares changed hands, which is way below the daily average.
These days, WWPW has been flirting with one of its previously established supports at $0.25. While earlier this month the stock successfully tested this level several times, this week WWPW breached below this line, which solidified the bearish mood of the trending indicators.
The stock has been losing value for a couple of months. This tendency didn’t stop even though a massive promotional campaign was dedicated to the company. Our promotional records show that several promotional sites owned by the well-known Oceanic Consulting have been issuing newsletters on WWPW.[BANNER]
The promotion cost $37 thousand, but the promoters expected a total of $250 thousand from a third part. Last night, another wave of newsletters hit the market, but it won’t be surprising if the promotion has little effect on the trading volume.
The campaign was most effective at the beginning of the month when it generated a volume of 1.5 million shares.
