After approximately 5 sessions of lower volume trading, Amwest Imaging, Inc. (OTC:AMWI) had a more exciting day when a new promotional wave hit.
At the end of the day, AMWI closed up 28.65% at $0.229. About 16.4 million shares changed hands through the session.
The latest press releases by AMWI had little to no effect on the market performance of the stock.[BANNER]
The promotional efforts, however, are still going strong. With all the hype, it wouldn’t be surprising if AMWI went further, but it also builds up expectations.
A lot around AMWI is very convenient for exactly this type of strategy. The company announced the acquisition months after it had been done, the next report is not due for some time (with the latest one having very little information to go on.)
Still, for those who have seen how this works before with other companies, the current situation could provide some opportunities for a profit, albeit risky.
