: WBSI WBSI Reaches Top 4% Most Actively Traded
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Posted On: 01/22/2020 10:55:15 AM
: WBSI
WBSI Reaches Top 4% Most Actively Traded Dollar Volume With 100% ROI Potential On Low Float And High Short
New York, NY -- January 22, 2020 -- InvestorsHub NewsWire -- via NextBigTicker
WebSafety, Inc. (USOTC: WBSI) recently announced a coming mobile platform application release called DriveSafety coming next month that targets texting and driving.
“DriveSafety is mobile phone application built on patented technology that stops texting and driving. The estimated societal damage resulting from texting and driving is $129 billion annually including, among other costs, property damage and the expenses associated with more than 4,000 texting and driving fatalities. With an estimated 250 million drivers in the U.S. and 1.2 billion drivers worldwide, a small monthly incremental expense to mitigate or prevent $129 billion in damage resulting from property destruction, personal injury or death is a substantial economic opportunity for the WebSafety company.”
Yesterday, the WBSI trading volume exceeded $100,000 putting the company in the top 800 most actively traded issues out of the OTCMarkets more the 18,000 quoted issues. While WBSI reached the top 4% of most actively traded stocks by dollar volume, half of WBSI’s trading volume were short sales according to FINRA’s REG SHO data.
WBSI has under 13 million shares issued and out. As a low float stock with a high short position, the WBSI Price Per Share (PPS) could enjoy a substantial jump resulting from the potential for a short squeeze. WBSI has a $2.00 52 Week High and has reached a $1.76 PPS in the last week. At the current $0.70 PPS, WBSI could reasonably deliver a 100% ROI in the near term.
WBSI Reaches Top 4% Most Actively Traded Dollar Volume With 100% ROI Potential On Low Float And High Short
New York, NY -- January 22, 2020 -- InvestorsHub NewsWire -- via NextBigTicker
WebSafety, Inc. (USOTC: WBSI) recently announced a coming mobile platform application release called DriveSafety coming next month that targets texting and driving.
“DriveSafety is mobile phone application built on patented technology that stops texting and driving. The estimated societal damage resulting from texting and driving is $129 billion annually including, among other costs, property damage and the expenses associated with more than 4,000 texting and driving fatalities. With an estimated 250 million drivers in the U.S. and 1.2 billion drivers worldwide, a small monthly incremental expense to mitigate or prevent $129 billion in damage resulting from property destruction, personal injury or death is a substantial economic opportunity for the WebSafety company.”
Yesterday, the WBSI trading volume exceeded $100,000 putting the company in the top 800 most actively traded issues out of the OTCMarkets more the 18,000 quoted issues. While WBSI reached the top 4% of most actively traded stocks by dollar volume, half of WBSI’s trading volume were short sales according to FINRA’s REG SHO data.
WBSI has under 13 million shares issued and out. As a low float stock with a high short position, the WBSI Price Per Share (PPS) could enjoy a substantial jump resulting from the potential for a short squeeze. WBSI has a $2.00 52 Week High and has reached a $1.76 PPS in the last week. At the current $0.70 PPS, WBSI could reasonably deliver a 100% ROI in the near term.
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