(OTC WTCT) WatchIt Technologies Rallies 73% on Fuel Reformer Announcement

TSW locates the best small cap, micro cap penny stocks such as with big news, big gains, and strong stock trends
Oct. 25, 2010 - PRLog -- WTCT up 73% on News

WatchIt Technologies, Inc. (WTCT.PK)

ARDEN, NC--10/25/10) WatchIt Technologies Inc. (Pinksheets: WTCT ) An alternative "incubator" for developing and emerging "Green Technology" corporation  announced today that its Board of Directors has agreed to fund the additional research and development of non-gasoline (diesel, etc.) versions of the "fuel reformer." According to a company spokesperson, the company has received serious inquiries from an international corporation to provide them with a prototype version of a diesel fuel reformer that could be used with a variety of non-gas vehicles. http://thestockwizards.net/

Technical Outlook: WTCT had a technical breakout above its 50 day and 200 day moving averages.  WTCT  has been in a 52-week range of $0.003 - $0.0078   WatchIt Technologies is trading above its daily average volume of 2 million shares and has a very low market cap of 4 million.

About (WTCT) WatchIt Technologies Inc.

WatchIt Technologies is an alternative "incubator" for developing and emerging "Green Technology" corporations. Its focus is on strategies that are structured to mitigate risk and produce returns in all market environments. Its current investment/development strategy is focused on direct investments in small/micro-cap public companies that have emerging growth and development and are exclusively involved in some aspect of "Green Technology."

It will offer management consultation to companies that meet its strict criteria and vetting process, and align those companies with individuals and financiers to help them achieve their financial goals and objectives.

Disclaimer: The assembled information distributed by http://thestockwizards.net/ is for information purposes only, ywtvbb and is neither a solicitation to buy nor an offer to sell securities. TheStockWizards.net does expect that investors will buy and sell securities based on information assembled and presented herein. TheStockWizards.net will not be responsible in any way for or accept any liability for any losses arising from an investor’s reliance on or use of information obtained from our website or emails. Always do your own due diligence, and consult your financial advisor no compensation for this report

# # #

At TheStockWizards.net, we analyze daily market activity and provide our members with our technical outlook, winning stock picks, a weekly top ten list and daily trading tips from the Traders Corner section of our website.
Source:Dana Salvo
Email:***@thestockwizards.net Email Verified
Tags:Diesel, Fuel Reformer, Green Technology, Industry News, Otc, Stocks, Watchit Technologies Inc, Wtct
Industry:Business, Finance, Home business
Location:Boca Raton - Florida - United States
Account Email Address Verified     Disclaimer     Report Abuse

Like PRLog?
Click to Share