Watair Inc (OTCMKTS:CAPV) Stock Goes Parabolic: Soars 75% In a Week

There have been some stocks which have manage to clock handsome gains in recent days and one of those is the Watair Inc (OTCMKTS:CAPV) stock. It has attracted the attention of investors in a big way over the course of the past week and has managed to clock gains of as much as 75% during the period.

Trading Data

On Wednesday, CAPV stock  moved up 2.50% to $0.41 with more than 125k, compared to its average volume of 166K shares. The stock has moved within a range of $0.3680 – 0.4101 after opening trade at $0.41.

VYRE Network Partners with Entertainment Industry Veteran Cheryl Stabler to Create the Niche Streaming Channel JustFaith TV

In light of such gains, it may be a good idea for investors to take a closer look at the latest development with regards to VYRE Network. Yesterday, the company was in the news once again after it announced that it had partners with Cheryl Stabler, a seasoned entertainment industry operator, for the creation of a channel.

The channel in question is JustFaith TV and it is going to be aimed at a niche viewership. The channel is going to provide its viewers with entertaining content that I going to be focussed on uplift and challenges. The news about roping in a major name for the channel is a significant development for VYRE Network. However, it also remains to be seen if the news leads to further bullish tendencies in the company’s stock over the course of the coming days.

Key Quote

“Ms. Stabler brings years of entertainment and managerial experience to the table, along with key relationships and a forward-thinking passion which makes her a perfect fit to create the niche channel JustFaith TV with co-founder Harris Brown that will live inside of the VYRE App eco-system. I can’t wait to see the content that comes from this channel.” – David Hill, President VYRE Network.

Technical Data

CAPV stock is trading above the 20-Day and 50-Day Moving averages of $0.1745 and $0.1023 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0394. The stock is UP 355% in the past month.