Long Term Update: WPCS long 1000 shares at $2.56

chartI decided to invest in this Pennsylvania-based stock after they recently acquired BTXTrader, the first trading platform allowing Bitcoin users to “access market data and execute orders on the five most popular Bitcoin exchanges in a single application.”

I’ve bought 1000 shares at $2.56, just above the short term VWAP, first resistance at $3.60, i do not recommend to invest too much in this stock because it’s a penny stock with all the risks involved.

Let’s see what happens when they will launch the platform by early 2014.