Darth Trader Just Boosted Up Titan Energy Worldwide, Inc. (PINK:TEWI) For Free

Yesterday, Titan Energy Worldwide, Inc. (PINK:TEWI) joined the five-bagger club as its stock skyrocketed by an astonishing 488%. And since a jump of such magnitude always deserves a thorough research, we deemed it necessary to do it.

As it seems, TEWI‘s spike is the result of a well-manipulated pump job led by promoters Darth Trader and The Stock Psycho. Ironically enough, neither has got any compensation for the effort, thus hinting that they might actually be staging a demonstration for prospective third party initiators.

At first, we could not help but wonder why TEWI‘s performance on March 4 ended up nowhere near the one it put on yesterday. After all, news about increasing revenues and rising profits, which surfaced in an official corporate press release dated March 4, is something investors will always welcome. Sure they did so, yet that 25% gain somehow falls flat when compared to yesterday’s massive 488%.

Unlike other pumps managed by Darth Trader and The Stock Psycho, the one on TEWI is being done for free, which just goes to lay emphasis on the fairly unpredictable nature paid promotions have become notorious for. Anyway, the mere fact that TEWI‘s mighty run on the charts has not come crashing down yet hardly provides any room for relief.

In fact, it simply means that the parties that have approached Darth Trader and their fellows at The Stock Psycho have yet to dispose of their stakes. As soon as they have done that, TEWI shares will suffer a dismal failure. Not only will this spread like wildfire on the charts, but it will also burn the pockets of all investors who are contemplating getting in right now.

Even though TEWI has already boasted about how perfect its finances will look like in the forthcoming annual record, we would rather wait to see the report itself before making any firm conclusions about the stock. In this respect, we cannot be lured into jumping on the promoters’ bandwagon. Not to mention how poorly many other penny stocks touted by the same promoters have performed in the aftermath. Check out what happened with the stock of Enova Systems, Inc. (PINK:ENVS), Primco Management Inc (OTC:PMCM) and CoroWare Inc (PINK:COWI) once Darth Trader stopped promoting them.