WPCS International,Inc. (WPCS)

[pauljack13]

I was just trading this stock. I'm done with it now. I traded it badly. I was hoping for some extra hype.
The filings alluded to an acquisition, one that would bring the revenue up to 30 million a year. I read that when the volume exploded and WPCS went from .20 to .34.

I assumed a pump/promo was on the way. I picked up a bunch of shares after that with an average price of .23, when it got pumped up into the 30's again I thought it was going to break out past the old high of .34, .34 would act as support and a bunch of PR's would be released. I was hoping to double my money.

What I didn't realize is how much of a POS this stock really is. The only reason volume exploded was because of a mini Twitter/e-mail blast. Blasted for the express purpose of selling newly diluted shares. When the insiders sold their shares the price collapsed again. All this is my opinion of course.
I should have sold in the 30's and took my 40% gains. I'm learning though not to make assumptions, take profits and take what the market gives me. GLTU