WRKE starting strong today
Check this DD post from R.B
ACCUMULATION accumulation, don't find out before it's too late, shell with 60 million in
tax credits,low float, now up to .045 bid .045 ask , DD inside/links
[WRKE]
richard smith [206.130.219.31]
popcan67@hotmail.com
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i posted this stock on friday when it was .03, something is going on with this stock, here
are 10 things you should know.
1. float is 14 million(1 person reportably owns over 5 million shares)
2. trading shows 9 buys to every sell(look today) at www.cnbc.com
3. RM nearly occured last year but the owner of the other company was tragically killed in
an accident, thus killing the merger.
4.
tax credits of 60 million and 5 million in remaining debt
5. chart at www.equis.com , bring up the chart which shows accumulation/distribution and
notice the recent spike in the accumulation.
6.spread has been tightening showing the MM's are ready to let it run
7. www.bloomberg.com has details of the last reverse merger (link at ragingbull)
8. MM's are reportably short over 2 million shares ( www.yahoo.com) but i havent looked it
up yet (after this week closer to 3 million)
9. look at the stochastics at www.tscn.com showing the breakout alerts
10. float is 14 million times .045 giving this a market cap of 630,000 , small price to pay
for a 60 million dollar tax credit.
closing comments... watch the MM's with a bid/ask of .045, they will try to make buys look
like sells by having the bid/ask the same. we will more than likely gap to .05 at the
opening tommorrow. a nice slow climb is what we want right now, the 60 million in tax
credits will be hard for any company to pass up in a reverse merger. look at what the other
shells have done lately DRYD(bigger float) ,YNOT,RINT
PLEASE DO YOUR OWN DD . good luck to those who want to enter , MM's are really
slow filling orders, not sure why? |
