Yesterday evening, the stock of E-Debit Global Corp. (PINK:WSHE) received a new promotion, which is also the only news about the company this month. But WSHE will also enter the new session well prepared after its share price increased by one third its value in a day at the end of last week.
Friday session closed at $0.012 for share, thus WSHE gained 33.33% from Thursday close. Trading volume was not spectacular with only 28,750 traded shares, which is only a small part of the daily average. Yet, the MACD lines have crossed and the RSI is about to cross the center line- technically a favorable constellation for a new promotion.
It looks like a new promoter of WSHE will try to profit from some former promotional gains since the e-mail that we received yesterday evening starts with the 300% gain of the stock in September this year – the time when the company was lastly promoted. For the new coverage of the “proven winner” the promoter has been compensated with $15,000 by a third party.
As mentioned, the company’s latest important announcement was made also at the end of September. One of the latest press releases announced that the company’s shareholders had signed a memorandum of understanding to expand WSHE national ATM and POS independent sales organizations (ISO) network. The same day, WSHE traders had received the regular e-mails under the running $50,000 campaign in favor of the company, which all together led to a share price of over $0.04.
It might be now hard to imagine that WSHE could tank even further below $0.01, yet given what happen after the September promotions, it looks like the potential losses could depend on what the new promotion would achieve today.