This could be the catalyst for a strong move higher
Published: Wed, 06/17/15
 Morning all,
Last night we alerted you to WDRP, a low float play that we think has the potential for triple digit gains. This morning WDRP announced exciting news that could be a strong catalyst for a major run higher. Wanderport Provides Corporate Updates and Prepares for an Active Summer SANTA MONICA, CA / ACCESSWIRE / June 17, 2015 / Wanderport Corporation (WDRP) is pleased to announce today that the Company is preparing and allocating additional resources in anticipation of an active summer. The Company has been making good progress with new customer acquisition as well as improving quality of services through sales support. As part of the sale promotion program, the Company has been deploying teams to educate and provide onsite samples at various locations, including a major health club chain. Wanderport is currently selling to and servicing over one thousand locations in its territories of Washington, Oregon, California, Nevada, New Mexico and Colorado. The Company has recently partnered with a major distributor to dispensaries to make CannaEnergyTM available among other edibles. In addition, the Company is currently in talk with a few other major distributors to make the beverages available in convenient stores and vending machines. Management is also evaluating several other complementary hemp based products to expand the Company's product line. The Company is also working with marketing firms to assemble additional street and activation teams to aggressively promote the beverages in the upcoming months. To drive sales, the Company plans to introduce and make the products available to various local festivals, concerts, sport events and community outdoor venues. The reception of Canna EnergyTM has been very favorable, said Eric Brown, CEO of Wanderport Corporation. We are working diligently to engage with our end customers and through the street and activation teams, we will further strengthen the brand and capture strong sales in the upcoming summer, added Brown. Make sure you get WDRP on your radar now and be ready for the opening bell. ShiznitStocks --------------------------------------------------------------------------------
Hello fellow investors / traders, Today's play traded well holding support perfectly. I am still ultra confident in this one so make sure you keep this on your radar for the next week. Tomorrow however we go back to a play we've previously featured. One that could deliver us our third triple digit winner this month.
Wanderport Corp (WDRP) is trading on bullish technical's and has pulled back to long term support - making this trade a "no-brainer" WDRP made a big move higher a month or so ago, and it has since pulled back to support. Now it is consolidating nicely here waiting for another leg higher. Check out the chart below. You will see that former resistance of around $0.004 back in March is now acting as support. We think with support in at these levels, we could see a strong move off these levels back towards recent highs of $0.01. That is 150%+ upside from here.
Based on the support / resistance levels I see, I believe WDRP could be an excellent risk v reward trade at these levels. And the great news is that WDRP is liquid with a tight level 2 spread. We are also expecting some big news from WDRP tomorrow. The company doesn't release news often, but when it does it's usually a strong catalyst for a breakout move. That's exactly what we expect tomorrow. Here is some background info on WDRP... WDRP does business in the ever so hot cannabis sector. Specifically, WDRP is an investment holding and incubator company with primary focus on consumer products and services and the emerging cannabis industry. Green Organic Holdings, a wholly owned subsidiary of Wanderport, is CannaLife's exclusive master distributor for the state of Nevada and a general distributor for California. They also distribute their flagship product Canna Energy, a hemp infused beverage, in the state of Washington, Oregon and Colorado. Recently WDRP announced they had signed the Asset Purchase Agreement to acquire key assets of CannaLife's primary distributor, Titan Distributing. Subsequent to the Letter of Intent, the parties agreed to change the transaction from an equity purchase to an asset purchase. Under the terms of the agreement, the Company will not assume any liabilities and will receive:
The Company is continuing its discussion with CannaLife on additional partnership arrangements which include but not limited to operations, resource management, marketing, business development and a larger equity stake in CannaLife.
You can read more about WDRP on their website www.wanderportcorp.com To summarize, we think WDRP could be a very favorable risk v reward trade in the short term with tremendous upside potential. Please do your own due diligence now and be ready to trade at the opening bell. Disclaimer Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. For full disclaimer click here. ShiznitStocks.com employees are not registered as an Investment Adviser in any jurisdiction whatsoever. The disclaimer is to be read and fully understood before using our site, or joining our email list. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. 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