How Long Can Windstream Technolog (OTCMKTS:WSTI) Climb
[[tagnumber 0]][[tagnumber 1]]The past few months have been pretty terrible for the stock of Windstream Technolog (OTCMKTS:WSTI). The company didn’t start the year very well, but it managed to make an impressive climb up the charts in the first week of April.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Unfortunately, that didn’t last long and as we saw the volumes increase so did the steepness of the fall. Lately we have seen [[tagnumber 6]]WSTI[[tagnumber 7]] reach a 52–week low after a 52–week low and the ticker fell to $0.0088 per share in Monday’s session.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]It seems, however, that investors decided that dropping below the one cent per share mark was as low as [[tagnumber 6]]WSTI[[tagnumber 7]] can get and we saw some impressive performance in the past three sessions that culminated in the company stock reaching a price of $0.023 per share after a 27.78% gain yesterday.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The ticker was also touted by entities owned by the EGM Firm, Inc. who were apparently not compensated for adding it to promotional press releases along other companies. Still, it appears that [[tagnumber 6]]WSTI[[tagnumber 7]] can’t continue its climb as we see that the ticker is 14.35% down in today’s trading and the volume shows that some people are eager to get out before incurring further losses.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]By all means it seems that [[tagnumber 6]]WSTI[[tagnumber 7]] will finish the week red so be sure to do your due diligence and weigh out the risks before making any investment decisions for next week. [[tagnumber 2]]