GBOE - A Guru Bottom Alert - GeoBio Energy, Inc

I have been watching this stock for well over a month now.  The selling that brought it down to $.0002 bid $.0003 ask appears to  be abating.  What does this mean?  It means any sort of buying will most certainly move the stock in the oppostite direction its been moving for several months now.

GBOE updated Pink Sheets in the middle of December.  I think they did it in anticipation of impending investor interest.  If this stock was indeed DOA then why do the Pink Sheets update?

Since that time the stock has continued its tailspin and investors have moved on to other issues, which makes now the precise time to be scooping up shares.... when no one is watching.

These triple zero stocks garner attention as they offer the greatest potential rewards.  GBOE is no different in that respect, it's a triple zero stock that could post a sizeable gain from current prices.  It currently is neglected in favor of other hot sub-penny stocks.  But as is the case with any penny stock, GBOE will have its day in the limelight.

If I were buying this stock  an entry at $.0003 would be ideal. That was the ask when I alerted my subscribers on the forum.  It closed the day at $.0003 on the ask.
I would set my limit price at $.0005 - $.0007, for a 75% - 125% gain

I think a double to $.0006 is coming at some point down the road.  If you have patience set the sell limit at $.0006 and walk away.

Of course this stock could head up past pre-gap down levels of $.0017.  I put the odds of that at 10%.

10% chance .0017+
50% chance $.0007 and above
75% chance $.0006 and above

Keep a close eye on GBOE going forward.  The Guru thinks this one has a 100%+ run coming.


GeoBio Energy, Inc. Discusses Its Future Plans in the Oil and Gas Services Industry
SEATTLE, Nov 23, 2009 (GlobeNewswire via COMTEX) -- GeoBio Energy, Inc. (Pink Sheets:GBOE) ("GeoBio" or the "Company") today discusses its future plans to focus on opportunities in the oil and natural gas services industry within the context of its November 13, 2009 signing of a Letter of Intent to acquire Farmington, New Mexico based H&M Precision Products, Inc ("H&M"). H&M provides oil and gas wells field services and sells proprietary chemical blends used to maintain, clean, and improve the operating efficiency of natural gas and oil wells. Its services commonly include, but are not limited to, deploying technologies and processes that (i) clear blockage and remove mineral buildup on equipment and ports of transmission into and through well bores, (ii) break down buildup of paraffin and wax deposits in piping, and (iii) apply specially developed foamers that enable natural gas to flow around encroached fluids and fractionation.
As oil well and gas exploration continue in the face of ever rising demand, obtaining peak efficiency and production from existing, aging wells becomes increasingly important. GeoBio believes this to be a principal challenge and an opportunity in its strategy to combine and consolidate companies in the oil and natural gas services sector.
Once the Company is able to provide and supply key and proprietary technologies, including scale inhibitors, temperature and high pressure applications, viscosifiers and proprietary and other proven procedures and blends for the petroleum industry, GeoBio will be able to offer production companies solutions adapted to different operating conditions and problems so as to maximize production from various petroleum based fuel sources.
Over the next 12 - 36 months, GeoBio intends to take advantage of specific opportunities in the oil and natural gas industries and supplemental or related services to acquire small but established, positive EBITDA firms. The Company's signing of a Letter of Intent for the proposed acquisition of H&M represents what GeoBio hopes will be the first of several acquisitions of companies operating in the oil and natural gas services industry. Management, along with the Company's prospective investment bankers, have begun to identify several additional acquisition targets.
L.G. Miyatovich, CEO of GeoBio, commented, "The long term, increasing demand projected for both natural gas and oil provide an exciting opportunity for well situated businesses such as H&M to continue to expand and grow. We're excited to have this opportunity to acquire and integrate certain businesses in the oil and gas services industry, and look forward to the potential opportunities during the next several years."
About GeoBio Energy:
GeoBio Energy's business model emphasizes the acquisition and operation of existing companies in the oil and gas services and energy industry. Additionally, the company is working to develop more efficient and alternative methods for handling existing resources in this sector in order to realize greater efficiencies and provide efficient, green technology services, where and when available. Media services by: www.SmallCap1.com & www.EquityDigest.com
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