"VIP" Greenway Technology (PINK:GWYT) is Penny Stocks VIP’s Latest Touted Stock
Does anybody want what was left of Greenway Technology (PINK:GWYT) after the latest disastrous pumping game on the stock last month? Obviously, the stock is still subject to some interest as there is another brand-new pump job on GWYT aimed at today’s session.
Worth a total of $40 thousand, the campaign is led by Penny Stock Guru, Monster trading Alerts and Penny Stocks VIP. What is more, the promotion comes surprisingly soon after the previous, 175-thousand-dollar pump. The latter took place on Nov. 19 bringing a first-day gain of 164%, followed by a dismal failure amounting to an aggregate depreciation of 87 percent. That is why, investors had better not get their hopes up too much today.
Drawing a parralel with what was going on about the company prior to the previous promotion, there is hardly anything new to get overly excited about. Apart from the appointment of a couple of executives, it has yet to hit a corporate milestone. As far as the company’s intention to focus on developing social media apps aimed at servicing the gay travel sector just because the latter generated billions of dollars per annum, the impact (if any) on its corporate finacial records has yet to be seen.
Before putting your money into GWYT, be sure to check out the market performance of penny stocks which also used to be promoted by the same promoter(s), namely:
- ViewCast.com, Inc. (OTC:VCST) – promoted on Nov. 27 by Penny Stocks VIP, VCST enjoyed a failry successful first-day performance, only to crash on the very next day delivering a sub-par performance recently.
- Truli Media Group Inc (PINK:TRLI) – pumped on Nov. 19 for $45 thousand invested by the same third party OGE ICAHN Partners, the stock lost a modest 5.8% on the first post-promo day but has since gone down a whopping 86%.
No matter what, GWYT could easily follow in the footsteps of VCST and TRLI just because this is what pump jobs have become notorious for. Even though they do provide profit opportunities every now and then, tuning in at the right time is as tricky as it gets.