Watch out, there is the 52-week high for World Surveillance Group Inc.(OTC:WSGI)! Is it possible that the second wave for this stock is coming? If so, it is off to an awkward start. Last time, there was a sharp jump in the share price and huge trading activity which did result in a 52-week high, but not the one mentioned in the Sunday promotion. 
Double the number and you will get it right. Otherwise, you are left to wonder what is the latest promotion really talking about. WSGI did recently show an astounding performance on the stock market. In a matter of several sessions during the last week of April, the price would jump from $0.07 to the astonishing $0.3 per share. As usual in the penny stock world, such skyrocketing prices were due to press releases, combined with paid promotions. In terms, once the promotional campaign was over, the hype was over, which led to a more than 50% decrease in the stock price. The Friday session closed just below $0.15 per share.
It is exactly the Friday session that this latest promotion focuses on. Yet, given the fact that the newsletters hit mailboxes on Sunday, there was plenty of time for people to do at least some research on this enterprise. Among optimistic PRs, they would also probably find some really controversial past facts about this enterprise that has already changed its name a few times. One example which sums up much of this controversy is when WSGI, formerly known as Sanswire, was featured in an article in Scientific American. The critical opinion about it includes opinions, but also facts that should not go overlooked. Facts, related to investigations by the SEC, FBI and IRS, for example. [BANNER]
In this aspect, World Surveillance Group seems both a risky and a lucrative play. As mentioned, a few weeks ago the stock price tripled in value. In terms, there are possibilities for profit if one is able to pick the right moments. Even speculative investors, however, could hardly ignore the fact that the skyrocketing price is due mainly to paid promotions and when such artificial catalysts for stock movement appear caution should also be put to use.
