Windstream Technolog (OTCMKTS:WSTI) Suddenly Changes Direction

[[tagnumber 0]][[tagnumber 1]]The last couple of months were pretty terrible for the stock of Windstream Technolog (OTCMKTS:WSTI) and its shareholders. After the impressive gains that the ticker recorded in the beginning of April we have seen it return to an even steeper slide that constantly pushed it to new 52–week lows on increased volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This week started rather badly as well and we saw [[tagnumber 6]]WSTI[[tagnumber 7]] drop another 19.27% down the charts and slide below the 1 cent per share mark, closing Monday’s session at $0.0088. Yesterday, however, the company’s President and CEO, Dan Bates issued a letter to shareholders a few hours before the opening bell which seems to have managed to serve its purpose.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Although at first the ticker gapped up at 1 cent it dropped slightly and fell to a low of $0.0085.The ticker stayed at those levels throughout most of the session, but the final half hour proved to be crucial. In that short amount of time [[tagnumber 6]]WSTI[[tagnumber 7]] managed to climb the charts for a gain of 70.45% and close at $0.015 while the 11 million traded shares generated $111 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Today’s session also started well and we saw [[tagnumber 6]]WSTI[[tagnumber 7]] climb to $0.018 in the first hour, but it’s direction is still uncertain. It dropped to a low of $0.013 and is currently sitting at yesterday’s closing price. Doing your due diligence and weighing out the risks before putting any money on the line is, as always, crucial.[[tagnumber 2]]