The markets have been tough as of late and Wind Energy stocks have not been spared. We categorized WWEI.ob as risky more than 2 weeks ago and since then the stock has fallen from 0.17 to 0.11 shedding almost 40% of its value. Today, WelWind issued a hohum press release that it was going to be involved in standing up 2 met towers in the Zhanjiang region but there was no mention financial terms discussed in the release. Investors will want to see some press of substance before this starts climbing upward once again.

Below is a 5 day chart of WelWind which illustrates the lower trading range this stock has settled into