Published on Apr 7, 2013 6:55 pm
GLER (Global Earth Energy, Inc.) saw a major breakout this past Friday, as this top penny stock play saw heavily increased interest from those investors most interested in buying penny stocks. Just two days before this major move GLER management released a special news release showing that they had proposed a new non-binding agreement for the appointment of a new Director. Since the time this special announcement was released the stock has seen a significant tear, breaking out well above the heights of the majority of other penny stocks trading within this range. In the past 6 trading days alone, GLER (Global Earth Energy, Inc.) GLER has moved up 200% from a low of $.0007 per share, to the current price of $.0021. The movement that this fast growing penny stock investment has seen over such a small span of time, goes to show that it is able to move quickly not just due to greater attention being paid to it but also because the float is low enough for it to see significant movement on relatively low buying pressure. It has been penny stocks trading with this sort of setup, that we have found ourselves most interested in releasing penny stock alerts for.
GLER (Global Earth Energy, Inc.) proved itself to be one of the strongest penny stock alert plays over the course of the past 6 trading days and may very well see a great deal more price movement due to the current setup between the float being very reasonable, combined with the recognition that interest among those interested in trading penny stocks has become significantly increased over this short span of time. Due to the stocks growth as of late, it stands to reason thta GLER (Global Earth Energy, Inc.) will likely spark greater interest due to stock scanning systems picking up the significant movement. Also, there is a great possibility that the significantly increased volume will also spark the interest of special scanning systems; just this past Friday over 35 million shares were traded in GLER.
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