WNRS Alert Update - PPS Hits $0.10 High Pulls Back To $0.06 Still Above 50 Day MA With Breakout To $0.13 Potential

June 16, 2021 -- via pennymillions.com

Winners, Inc. (WNRS) announced a new deal today with MGM (NYSE: MGM) following up on Monday’s announcement with Rush Street Interactive (NYSE: RSI). WNRS PPS shot up to over $0.10. Late afternoon trading has seen PPS pull back to $0.06. The current PPS is still above the $0.055 50 Day MA. WNRS remains a strong candidate for a continued PPS climb to the $0.13 200 Day MA.

 

Last Update:

Winners, Inc. (WNRS) announced a new deal today with Rush Street Interactive (NYSE: RSI).

WNRS Strikes Deal With RSI

The trading volume today, over 4.5 million as of this writing, is over 4 times greater than the 30 day average trading volume.

The PPS has reached a high today of $0.065 and is currently $0.06 as of this writing.

The 50 Day MA is $0.055. A close today above the 50 Day MA positions the PPS well for an increase to the 200 Day MA of $0.13. Breaking through the 200 Day MA could position the PPS for a return to a recent $0.30 high.

 

June 11, 2021 - Original Alert

WNRS – Next PR Poised To Trigger Massive Short Squeeze - $0.05 To $0.13 Potential

 

Winners, Inc (WNRS) recently launched into the $200 Billion legal global sports betting market. 

The company changed its name to reflect the new business focus in December last year. 

In the end of March, the company saw a stock registration to fund the company’s business plan go effective and days later the PPS dropped from $0.30 to $0.05 on massive volume.

The precipitous drop is likely the result of short sellers anticipating newly registered stock coming available to cover their shorts.

Trading volume since the drop has been modest.  WNRS shares seem to be in strong hands.  Hope of shares becoming available to cover shorts is drying up.

Now the 50 Day MA has dropped to $0.055.  Trading the last two days is pushing a 50 Day MA breakout.  Resistance is failing.

WNRS has been putting out one strong Press Release after another. The next one could overcome the 50 Day MA sending the stock all the way to the $0.13 200 Day MA.  

A 200 Day MA break through could see the PPS return to its previous $0.30 pre-registration high.

Source - https://www.pennymillions.com/blog/wnrs-signs-deal-with-betmgm-for-sportsbook-betting-in-mgm-resorts-nationwide-and-online