GRNH (GreenGro Technologies, Inc) is making major strides in the realm of penny stock investments. GRNH has seen mention of it's stock symbol kicked up in a major way within the past 24 hours and just yesterday, it saw its stock price close up 62.5%.
"GreenGro Technologies, Inc. designs, manufactures, and markets green eco-friendly vertical cultivation systems in the United States. It offers flux lighting products, table stands, nutrient mixers, home units, cloning systems, and tea brewers, as well as provides consulting and management services to its clients. The company also markets lights, fans, hoods, automatic watering systems, and nutrients under the GreenGro brand. GreenGro Technologies, Inc. offers its products to consumers and industrial cultivators though its Website. The company, formerly known as Authoriszor, Inc., was founded in the 1996 and is based in Westminster, California."
There are various aspects of GRNH, that strongly suggest that it can very well be a great great pick to be alerted by our platform. One of these special aspects, deals in the fact that GRNH has only 18,830,820 shares in it's float. This means that the price can very easily rapid gains as buying pressure increases but by the same token the price of this stock can just as easily see rapid decline. When there is a smaller amount of shares in the float, it allows for faster movement in stock price because less shares clearly mean that there would be less shares for sale on the way up.
The reason that we here at www.pennystockdream.com have become so interested in GRNH, lies in a combination of small share structure, significantly increased recognition and chatter, and the 62.5% increase in price that the company saw in its stock price yesterday. With so many new eyes turning to this company that has such a small share structure, there is a good chance that there will be rapid changes in the stocks price, whether it be for the better or worse. Analysts here find it unlikely that this stock will see a great deal of sideways movement in the near future. There has been an absence of news here for the past three months but with so much attention being paid to this stock all of a sudden, we suspect that management here may decide to release some strong updates, to keep up with the momentum.
GRNH is a strong play and it's 62.5% increase yesterday, shows that it is one of the top stock alerts of the end of 2012. We often hear that investment plays are great because of the moves that they have already had but with so much going on with this company we believe that this is an incredible company, that will prove to be a solid choice. We have continued to uphold a tradition of drawing investors and traders alike, to stock picks, before the plays truly started taking off. It is for this reason that we continue to be seen as a solidsource for information on small publicly traded companies and are the #1 free penny stock newsletter. We highly suggest that you continue to keep an eye on GRNH to see if this incredible company continues to uphold it's momentum and take another leg to the upside.
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