WDRP delivers BIG for us (50% gains this morning)

Published: Thu, 09/17/15



 


Morning all,

What can I say? WDRP holds a special place in my trading heart. Time after time it delivers for us. Today's its 50% gains within 20 minutes of the opening bell.

The  technical setup was so perfect.

Congrats to those who took the trade. Volume is super strong, level 2 is tight. But don't forget to take gains as they come.

I'll keep you updated if anything changes.

Shiznit


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Hello fellow investors / traders,
 
As promised, WDRP announce some solid news today. News that will get investors excited, which is always good news for us traders. Check it out...

Wanderport Announces Corporate Update and Retirement of One Hundred Million Shares of Common Stock

SANTA MONICA, CA -- (Marketwired - Sep 17, 2015) - Wanderport Corporation (OTC: WDRP), a premier distributor of food, beverages and consumer products, today announced its corporate update and retirement of one hundred million shares of common stock.

Since the launch of the Company's online store,www.wanderportstore.com, sales have been brisk. In addition to its current line of CannaEnergy™, DuBe® energy shots and Cannabissimo Coffee™, the Company recently added Hemp Protein Powder and Hulled Hemp Seed. The Company is also evaluating a few additional food, beverage and skin products which it hope to offer in the near future.

The Company had opened in excess of twenty new accounts this quarter. It is also in a negotiation phase to sign on two new distributors to distribute its products throughout California and Nevada.

To accelerate its growth, the Company is seeking to acquire small local food and beverage distributors. It is currently in talk with a few candidates and expects to consummate a transaction sometime next quarter.

In an effort to improve its capital structure, the Company had successfully secured and retired one hundred million shares of its common stock. The Company is also in talks with financiers to raise working capital to support sales and marketing of existing products as well as to introduce its own brands.

"As an emerging company, we must continually evaluate our progress and make adjustments as necessary to enhance our shareholder values," said Eric Brown, CEO of Wanderport Corporation. "To improve our sales, we are aggressively opening new accounts, forming partnerships or acquiring distributors to help with product placement. Our sales channels are expanding on a steady basis and we plan to capitalize on that with the addition of new product lines," added Brown.


Get ready, market opens in less than one hour. WDRP is a fast mover so don't be left behind.

Shiznit Stocks


 
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First of all, my apologies for today's alert. I know most of you are active traders, and the spread was almost 100%, just too big to trade.  I also heard from members that a couple of large brokers did not allow the trading in it.

So instead let's turn our attention to a proven winner.

We've profiled Wanderport Corp (WDRP) many times in recent months, and its been a nice trader - gaining double digits on several occasions.

Now WDRP is trading on bullish technical's, has pulled back to long term support and has massive buying support right at its current price.

WDRP made a big move higher a few months ago, and it has since pulled back to long term support. Now it is consolidating nicely here waiting for another leg higher.
 
Based on the support / resistance levels I see, I believe WDRP could be an excellent risk v reward trade at these levels.

And WDRP is relatively liquid with a tight level 2 spread.

We are also expecting some news from WDRP tomorrow. The company doesn't release news often, but when it does it's usually a catalyst for strong volume. That's exactly what we expect tomorrow.





For those fundamentally focused traders out there, 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:

  • All of Titan's accounts and distributors in the State of Colorado, New Mexico, California, Oregon and Washington
  • Exclusive distribution rights in Colorado, Oregon and Washington
  • Brokerage fees for all national accounts secured for CannaLife
  • Preferred product pricing
  • Option to purchase up to five percent equity in CannaLife
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.
 
 
www.ShiznitStocks.com
 


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