The wait is finally over. The play that we’ve been so eager to shout out is WESC.
This one-cent penny play could have explosive day trade potential and we’re going to tell you why.
WESC (W&E Source Corp)
Before we get into what this company does, it’s far more important to look at its technical setup and some important indicators in its key statistics that make this tiny priced gem appear so shiny.
First of all, check out WESC’s current price.
Next, let’s take a look at the chart. Steady flatness. That tells us that it has bottomed out. The only way to go is up from here. (Usually)
We took a peak at WESC’s level 2 box before the close, and it was paper-thin.
We still haven’t mentioned WESC’s low float and small market cap!
When you mix that all together it sure does look like a technical setup shot from Cupid’s bow just in time for Valentine’s Day.
And if that wasn’t enough, this company’s focus happens to be in one of the worlds largest emerging markets, Chinese tourism!
China has become an increased source market for international tourism and hospitality. According to data from Euromonitor International, it is expected to become the largest source market for tourism in 2017 replacing Germany.
You can read a full report about that here on CNBC’s website: http://www.cnbc.com/id/101604293 - .
Just imagine the potential gains on this one when considering China; the currency behemoth of the world!
We’re talking about a culture that loves and is fascinated with the West.
China’s tourism is in a position to surpass other countries visiting North America in the future and WESC is responding BIG!
WESC has focused on two of the largest cities in the Northwest: Seattle & Vancouver.
WESC’s subsidiaries just so happen to be conveniently placed in all three cities…
One can see why this stock could be so enticing.
Seattle’s commercial enterprises are responding just as quickly with the city.
Last year, 1.8 million Chinese tourists visited America and spent a whopping $21.1 billion.
An increase in staffing Mandarin speakers as well as even offering alternative restaurant menus in Mandarin are in the works.
You can read the full article here: http://www.bizjournals.com/seattle/blog/2014/08/seattle-opens-the-door-to-chinese-tourists.html
And this could just be the tip of the iceberg.
BUSINESS SUMMARY
(WESC – W&E Source Corp)
W&E Source Corp. incorporated on October 11, 2005 in Delaware and based in Montréal in the Canadian province of Quebec. W&E Source Corp. has identified the global tourism market as its first investment target. Through their three subsidiaries, Airchn Travel Global, Inc. (Seattle, Washington), Airchn Travel Inc. (Vancouver, British Columbia) and Airchn Travel Inc. (Beijing, China), the Company provides a myriad of travel services.
Services include airline and cruises ticketing, customized and packaged tours, travel blogs, travel magazines, sales of travel related merchandise, group hotel reservations, business travel arrangements, conference travel arrangements, car rental and admission ticket sales for local tourist attractions.
The Company continues to explore other business growth opportunities, regardless of industry, in order to diversify its business operations and investments. As shown by the Company’s principal business to provide an online financial media outlet for researching China-related stocks.
In January 2012, the Company changed its name from News of China, Inc. to W&E Source Corp.
About their subsidiaries:
On August 25, 2011, the Company incorporated Airchn Travel Global, Inc. (“ATGI”) in Seattle, Washington, USA. ATGI is a wholly owned subsidiary of the Company. ATGI focuses on a business segment of travel businesses, which includes air ticket reservations, hotel reservations and other travel services.
On October 4, 2011, the Company incorporated Airchn Travel (Canada) Inc. (“ATCI”) in the Province of British Columbia, Canada. ATCI is a wholly owned subsidiary of ATGI. ATCI has a similar business segment as ATGI.
During the period ended March 31, 2012, the Company incorporated a company named Airchn Travel (Beijing) Inc. (“ATBI”) in Beijing, China. ATBI is also a wholly owned subsidiary of ATGI.
MARKET OUTLOOK
In 2014, 72.2 million international visitors came to the US, according to US Travel Association, and that number is expected to hit 88.3 million in four years.
A huge portion of that growth will come from China, which is expected to send 3.1 million visitors to the States in 2019, a 172% increase over 2013 figures. That will put China behind only Mexico and Canada in terms of the number of visitors it sends, according to the US Department of Commerce.
This is good news for the US economy — last year, 1.8 million Chinese tourists visited America and spent a whopping $21.1 billion. That number could top $80 billion by 2021, writes Avery Booker at China Luxury Advisors.
The projected growth is thanks in part to the new extended US-China visa agreement signed at the APEC summit last November, which is encouraging an increase in Chinese business travelers and tourists to the US.
The new B-category non-immigrant visa can now be issued for up to 10 years for business or tourist travel for either US citizens going to China or Chinese travelers coming to America.
Canada currently sends the most tourists to the US, followed by Mexico, the United Kingdom, and Japan. China ranks seventh (but is expected to rise four spots by 2019).
Read more: http://www.businessinsider.com/chinese-tourists-to-us-on-the-rise-2015-1
INVESTOR HIGHLIGHTS
WESC is in a $6B industry that is only going to swell as the US becomes China’s 2nd highest target destination for tourism.
WESC looks like the beginnings of a dream as a true penny stock at $.01 a share.
WESC appears to have a great, all around, day-trading technical setup.
WESC has what looks like, in our unlicensed opinion, a very attractive Level-II Box.
There you have it everybody. That’s our take on it and we encourage all of our readers to also do their own research in addition to reading our newsletters.
Remember to book a profit when you can and never risk any more than you could afford to lose. The OTC markets can be quick and volatile.
Happy Trading!
