It is emails, like the one I received on GBJT, that help the pennystockguru point out stocks that are ready to make a big move. Keep those emails coming.
GBJT might not be a common place stock ticker tonight, but its recent rally and impending upward continuation, is sure to open some eyes as well as write a few pages in penny stock history books as a gainer to remember.
The rally so far could not be any better described than this chart below:
These dormant shell stock revitalization's can rally higher and farther than your average penny stock. One of the main reasons is supply. While most penny stocks are being actively diluted these shells usually have a stable share structure that remains unchanged. Factor in the lack of share supply, and a group of market makers that unwittingly issue naked shares thinking the buying will abate. When buying volume continues to come in market makers panic and you have a combustible situation that undoubtedly shoots a stock much higher and farther than anyone thought it could go.
GBJT should break the $.01 mark tomorrow in short order. From there it is anyone's guess where it will go. Even at the close today GBJT posted an impressive run from $.0003 to $.0095 in two days. That run should continue, it will be fun to watch.
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4 comments:
I was in a shell like this that ran 10,000%.. of course i sold after being up 100%
It happens. It can go either way, usually it goes the way that hurts you the most.
I think the rally is over with.
More like an epic fail :)
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