"I don't trust any of these stocks and simply assume the are all scams, but that doesn't mean they don't go up."
That's true, I had invested in PLTG and RDWG, and both went down considerably in one day. I sold all of it, and put my money into FFGO, which I knew was all hype and most likely a scam (I doubt anyone will ever see any dividends from Mr. Santini), and only playing the momentum, made back all of my losses and added on a very nice profit.
In this case, there is no momentum, and everything relies on the Cancen deal! The W%R will only be a valid oversold indicator if the Cancen deal is successful--otherwise it will indicate that FRGY stock is oversold for a good reason: that the company will not be generating any revenue and wont have money to continue operations.