Yesterday, two promoters bombarded investors’ inboxes with newsletters dedicated to Wind Works Power Corp (OTC:WWPW). The campaign started right after WWPW issued a press release on a procured financing.
The promotion started after the end of the session, so investors can expect its effect to unfold today after the opening bell. The well-known Oceanic Consulting was the sponsor of the market awareness program led by Research Driven Investor. The latter received $50 thousand for the promotional service.
The other newsletter came from OTC Tip Reporter who disclosed a $7500 compensation but did not reveal the name of the paying party. [BANNER]
For a couple of days now WWP has been testing the support which is delineated by the 50-MA. On the last session, WWPW stock finished below the moving average line at $0.325. During the day the stock surged 3% on a volume of 65 thousand shares, which is way below the daily average.
Apparently, WWPW is getting a promotional help at this tense technical moment when the stock will have to prove it has the power to overwhelm the 50-MA. However, it not completely sure if the promotion will affect WWPW stock in the right way.
