FreeSuperStocks Up to Their Neck in Green Energy Renewable Solutions, Inc. (PINK:EWRL)

Having been one of the most heavily promoted penny stocks in 2012, Green Energy Renewable Solutions, Inc. (PINK:EWRL) is on the promotional go again. This comes hardly as a surprise to us. Nor will the outcome be any different, either.

Even though EWRL is now soaring on the charts powered by a twenty-five-thousand-dollar campaign led by FreeSuperStocks, there is absolutely no guarantee that investors will remain immune to losses by the end of the session. Just look at EWRL‘s chart development for the last six months. What is clearly visible is a straightforward downtrend. The latter is a direct consequence of a string of past pump jobs.

Is there anything viable behind the company that could justify a trend reversal? Not a chance. The company has not issued any corporate updates since October. By contrast, however, it has found itself listed in a number of daily trade alerts of all sorts. That is why, the current campaign in support of EWRL stock has no new ground to lean on. Instead, the promotional emails that have been flooding our database for the last few hours lay emphasis on the company’s supposed intention to build its first ever waste conversion facility. What the emails deliberately miss out, though, are definitive terms and conditions which are an integral part of any project.

Considering the lack of significant corporate milestones for the last few months or so, we could safely assume that promoters FreeSuperStocks have taken on a fairly challenging task. A quick reference to our comprehensive database shows that it is barely the second time they have embarked on a paid pump job, the first time being the promotional campaign in support of Wellness Center USA, Inc. (PINK:WCUI) on Nov. 29, 2012. WCUI scored a modest 2.67% gain on day 1, yet it never took off.

If you are looking for huge profit opportunities, you had better stay away from pump jobs, let alone an EWRL-related one. At least, all the previous promotions on this stock have only led to a substantial decline in its market value. What is to prevent this new promo from causing damage of a similar calibre? We do not know for sure. Do you?