Net Savings Link Inc (OTCMKTS:NSAV) Stock Suddenly Fall 23%: What’s The Buzz?
In recent times, Net Savings Link Inc (OTCMKTS:NSAV) has garnered a lot of attention from market participants due to its work in cryptocurrency, blockchain and digital technology spaces.
Market Stats
On Tuesday, NSAV stock moved down 23.50% at $0.0355 with more than 58.97 million shares, compared to its average volume of 65.19 million shares. The stock has moved within a range of $0.0351 – 0.0470 after opening trading at $0.0457.
Partnership With Leading Crypto Exchange Bw.Com To Launch Bitcoinwhale.Co
It has also struck up key partnerships in recent times in order to grow its business and yesterday, the company announced that it had gone into a partnership with BW Cryptocurrency Exchange. The company noted that the two entities are going to collaborate on the launch of the data company BitcoinWhale, which will be responsible for tracking Bitcoin storage and metric information at a global scale.
It goes without saying that it is an ambitious project and one that could have considerable uses in the industry. However, the news did not come as a source of optimism for investors and the Net Savings Link stock actually suffered from a pretty dramatic selloff yesterday.
On Tuesday, the stock the tanked by as much as 23% as investors headed for the exits and it is going to be interesting to see if the stock can actually make a comeback today. Hence, it might be a good idea for investors to keep an eye on the Net Savings Link stock today.
Key Quote
Mr. Keith Fair, Global Marketing Advisor of BitcoinWhale.co BW stated, ” BitcoinWhale.co aims to provide valuable information on BitcoinWhales BW, by tracking bitcoin ownership of publicly listed companies, exchange traded funds ETFs, trusts, fund managers, governments, institutional investors and crypto investors in general. Our BitcoinWhale.co BTC watch list tracks the world’s leading Bitcoin institutional owners such as Grayscale Bitcoin Trust , MicroStrategy, Tesla , Coinbase, ProShares Bitcoin Strategy ETF, Meitu , etc. We are delighted to work with our partners including NSAV, BW.com and HKOTC.co to support our BitcoinWhale project.”
Traders Corner
NSAV stock is trading below the 20-Day and 50-Day Moving averages of $0.0450 and $0.0374 respectively. However, the stock is trading above the 200-Day moving average of $0.0285. The stock is down 10% in the past month.
