World Series of Golf Inc (OTCMKTS:WSGF) Stock rockets 36% On Unusual Volume
11 November 2021 - 12:51AM
InvestorsHub NewsWire
November 10, 2021 -- InvestorsHub NewsWire --
via pennymillions --
DRP Journal By Pete Matthews
Companies are often known to pivot to new lines of businesses
altogether and when that happens, it is quite common for those
companies to change names.
Market Stats
On Tuesday, WSGF stock soared 36% at $0.0161 with more than
89.16 million shares, compared to its average volume of 8.27
million shares. The stock has moved within a range of $0.0109 –
0.0180 after opening the trade at $0.0118.
Investors
who believe water is the next gold should take a close look at this
green company in the lucrative $200 billion wastewater treatment
business.
Announces Name Change To Vaycaychella And Issues
Management Update
The company World Series of Golf Inc (OTCMKTS:WSGF)
made such an announcement yesterday. The company provided a
management update on Tuesday in which it revealed a series of new
measure, one of which was the change of the corporate name to
Vaycaychella. The company noted that it decided to go for the name
change in order to convey its transition into a technology company
involved in the short term vacation property space.
The announcement from the company came as a major boost for its
stock and the World Series of Golf stock soared by as much as 37%
on Tuesday as a consequence.
While the gains made by the stock were considerable, it is also
necessary to see if the stock can manage to hold on to the momentum
over the course of the coming days. Last year the company had moved
into this space after it acquired a rental property named
Vaycaychella. At this point in time, it might be a good idea to add
the stock to your watch lists and keep an eye on further
developments.
Traders Corner
WSGF stock is trading above the 20-Day and 50-Day Moving
averages of $0.0127 and $0.0137 respectively. However, the stock is
trading below the 200-Day moving average of $0.0211. The stock is
up 31% in the past 3-month.
Source - https://www.drpjournal.com/world-series-of-golf-inc-otcmktswsgf-stock-rockets-36-on-unusual-volume/
DRP also covered HPIL,
GNCC and
PUGE today.
SOURCE: pennymillions
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