Penny Pick Alerts pump started 9/28.........
Today’s Play: W&E Source Corp.
Let’s get right to it Members and Readers.
WESC is our sub penny play that could have explosive day trade potential and we’re going to tell you why.
But before we get into what this company does, it’s far more important to look at its technical setup and some important indicators in its key statistics that make this tiny priced gem appear so shiny.
First of all, check out WESC’s current price, .003
Next, let’s take a look at the chart. That tells us that it has bottomed out. The only way to go is up from here. (most likely)
We took a peek at WESC’s level 2 box before the close yesterday, and it was paper-thin.
We still haven’t mentioned WESC’s low float of 13.5M shares and small market cap!
When you mix that all together it sure does look like a technical setup teed up for a home run swing.
And if that wasn’t enough, this company’s focus happens to be in one of the world’s largest emerging markets, Chinese tourism!
This is an industry that keeps growing with opportunity.
With the United States and Canada swelling as China’s greatest destination for tourism and resettling, this ticker has the potential to run.
WESC is currently at the sub penny dream level at $.003 cents a share and appears to have the technical setup we look for that could lead to an enormous trading day signaling potential multi, intra-day entry point.
China has become an increased source market for international tourism and hospitality. The United States leaping to second according to data from Euromonitor International, it is expected to become the largest source market for tourism in 2017 replacing Germany.
Just imagine the potential gains on this one when considering China; one of the currency behemoths of the world!
We’re talking about a culture that is fascinated with the West.
China’s tourism is in a position to surpass other countries visiting North America in the future and WESC is responding in a big way!
WESC has focused on two of the largest cities in the Northwest: Seattle & Vancouver.
WESC’s subsidiaries just so happen to be conveniently placed in both cities…
Seattle’s commercial enterprises are responding just as quickly with the news.
Last year, 1.8 million Chinese tourists visited America and spent a whopping $21.1 billion.
An increase in staffing Mandarin speakers as well as even offering alternative restaurant menus in Mandarin are in the works.
WESC is currently at the sub penny dream level at $.003 cents a share and appears to have the technical setup we look for.
BUSINESS SUMMARY
(WESC - W&E Source Corp.)
http://www.wescus.com
W&E Source Corp. or WESC has identified the global tourism market as its first investment target. Through their three subsidiaries, Airchn Travel Global, Inc. (Seattle, Washington), Airchn Travel Inc. (Vancouver, British Columbia) and Airchn Travel Inc. (Beijing, China), the Company provides a myriad of travel services.
Services include airline and cruises ticketing, customized and packaged tours, travel blogs, travel magazines, sales of travel related merchandise, group hotel reservations, business travel arrangements, conference travel arrangements, car rental and admission ticket sales for local tourist attractions.
The Company continues to explore other business growth opportunities, regardless of industry, in order to diversify its business operations and investments. As shown by the Company’s principal business to provide an online financial media outlet for researching China-related stocks.
In January 2012, the Company changed its name from News of China, Inc. to W&E Source Corp. The company incorporated on October 11, 2005 in Delaware and based in Montréal in the Canadian province of Quebec.
About their subsidiaries:
On August 25, 2011, the Company incorporated Airchn Travel Global, Inc. in Seattle, Washington, USA. The subsidiary is a wholly owned subsidiary of the Company. This division focuses on a business segment of travel businesses, which includes air ticket reservations, hotel reservations and other travel services.
On October 4, 2011, the Company incorporated Airchn Travel (Canada) Inc. in the Province of British Columbia, Canada. Airchn Travel is a wholly owned subsidiary of.
During the period ended March 31, 2012, the Company incorporated a company named Airchn Travel (Beijing) Inc. in Beijing, China.
MARKET OUTLOOK
According to BusinessInsider, a huge portion of growth will come from China, which is expected to send 3.1 million visitors to the States in 2019, a 172% increase over 2013 figures. That will put China behind only Mexico and Canada in terms of the number of visitors it sends, according to the US Department of Commerce.
In 2014, 72.2 million international visitors came to the US, according to US Travel Association, and that number is expected to hit 88.3 million in four years.
This is good news for the US economy — last year, 1.8 million Chinese tourists visited America and spent a whopping $21.1 billion. That number could top $80 billion by 2021, writes Avery Booker at China Luxury Advisors.
The projected growth is thanks in part to the new extended US-China visa agreement signed at the APEC summit last November, which is encouraging an increase in Chinese business travelers and tourists to the US.
The new B-category non-immigrant visa can now be issued for up to 10 years for business or tourist travel for either US citizens going to China or Chinese travelers coming to America.
Canada currently sends the most tourists to the US, followed by Mexico, the United Kingdom, and Japan. China ranks seventh (but is expected to rise four spots by 2019).
There you have it readers, start your own research now! Remember to always use sound money management and trading discipline when engaging in any of the exchange securities. Always check with your broker and never risk more than you can afford to lose. The OTC markets are exciting and can be extremely rewarding but can also spin quickly. Always book a profit when you can.
Sincerely,
The Penny Pick Alerts Team
News 
Market Data 
Discover 
