Pacific Clean Water Technologies, Inc. f/k/a Unseen Solar, Inc. (OTCMKTS:PCWT) Surge Doesn’t Last

Yesterday, Pacific Clean Water Technologies, Inc. f/k/a Unseen Solar, Inc. (OTCMKTS:PCWT) opened the session strong and a little after 11 a.m. it reached a high of $0.322 per share. Things went downhill after that.

Ultimately, PCWT closed down 4.41% at $0.26 per share. The volume for the session reached 15.2 million shares.

Close to the opening bell, the company issued its latest press release. PCWT announced it had begun surveiying “one of the world’s largest juice processers.” The goal of PCWT is to identify applications for its products at the unnamed processer’s facilities.

The pumpers at Awesome Penny Stocks (APS) keep on touting the stock. In the morning, while PCWT was going up, they sent an email containing the usual claims that short sellers have to cover, and there’s a “squeeze,” and PCWT can go to $1 per share.

In the afternoon, after PCWT had pulled back, APS sent another email, and this time there was no mention of prices like $0.50 and $1. Instead, the pumpers talked about how PCWT had moved up after each of its announcements, and called that “a pattern.”

Assuming, this could be called a pattern, but traders should keep in mind that this pattern may not work forever. APS has a long list of pump jobs over the years, and there is a pattern which is quite obvious. The stocks pumped by APS have always, without exception, crashed and resulted in massive losses for those who didn’t get out in time.

That pattern and the disaster which PacWest Equities, Inc. (OTCMKTS:PWEI) was, maybe some of the reasons, pump players are more cautious with PCWT. That being said, predicting when PCWT will crash would be just a gamble. The suspension of PWEI may have changed the way APS pumps run.