Far East Wind Power Corp, (OTC:FEWP) stock has all chances to become one of the next opportunities good for fast gains.
FEWP stock is a relatively new investment option. The former Celestial Delights USA Corp. changed its name this spring and is since then traded under FEWP symbol on the OTC market.
In a short time, FEWP shares become demanded as hot cakes are. After a few days of returning back, FEWP stock suddenly pulled ahead 13.10%.
As opposed to many other companies, FEWP has only one stock promotion up to date, this from the end of June. The budget of the campaign was covered by a third party. There is nothing strange in this fact, since at the and of this March the company reported zero cash.
Looks like FEWP has its own and unique approach to attract investors. It includes a few components.
The first one is the company’s “expansion” in the China market. The second one is the presented willingness of the development stage company to operate in the attractive wind power field. The third, and according to FEWP stock price chart most efficient one, are the company’s letters of intent (LOI).
During its short six-month trading history FEWP has only a few SEC filings and press releases related to the above mentioned LOI.
All these LOIs refer to ventures, for which is needed not only willingness, but also financial resources. At present, FEWP has no announcements related to raising funds.[BANNER]
The company’s last financials, in addition to above mentioned zero cash, show that FEWP has total assets of $9K. The only numbers that can give some optimism to investors is the reported relatively low loss.
Seems that FEWP stock was these days rushed by the announced next LOI, inspiring investors with the expected by the company high returns on investment (ROI).
Taking into consideration the fact that during yesterday’s trading session 53% of the total volume was short sales, for investors liking the high risk the above mentioned company’s LOI may actually bring high ROI.
ROI is a measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. If an investment does not have a positive ROI, or if there are other opportunities with a higher ROI, then the investment should not be undertaken.
