Green Energy Live, Inc. (OTC:GELV) Shocks With Promotions And Volume
By StockFrontRunners on Aug 27, 2010 with Comments 15
times and its volume jumped to over 343 million shares during the day. Keeping in mind that its average value totals approximately 22 million shares, that’s a phenomenal jump for GEL.Following the records, we can see that apart from the three promotions yesterday, the stock was promoted one more time over the week. Though, it didn’t reflect much on its price. However, the volume has kept its high values during the whole week.
There’s been no other news on Green Energy this month, except the announcement released yesterday. According to it, GEL has updated its intent to acquire 100% of the stock of Peck Electric Inc., that will become a wholly owned subsidiary of the company. To provoke the investors, Green Energy supported the optimistic announcement by expressing satisfaction of its potential acquisition.[BANNER]
Green Energy Live, Inc. is a renewable energy technology company focused on developing and commercializing energy conversion technologies in the field of fossil fuel alternatives. Last year, the company used to trade much higher, though since October a downtrend has occurred. Currently, the stock still keeps its low position, though its volume climbs up at full speed. Looks like the promotions and the optimistic projections don’t attract the traders much.
The latest financial report of Green Energy shows that the company has generated revenue of
Filed Under: Press Releases
