Grid Petroleum Corp (OTC:GRPR) Raises the Bar Higher

GRPR_price_chart_280410.jpgYesterday, Grid Petroleum Corp (OTC:GRPR) stock raised the bar higher, fueled by rising investor awareness resulting from a stock promotion campaign, which raised the bar for future share prices and an officially announced fund raising.

These events resulted in an almost 20% jump of the GRPR stock price and more than 1.2 M volume traded.

For its Tuesday’s stock promotion campaign, GRPR made a pole-vault, with compensation higher than that for the previous one.

Two GRPR stock promoters will be paid one hundred sixty thousand dollars. The interest toward GRPR shares yesterday, confirmed that maybe such services are adequately paid for.

It is not predictable how much investors may lose by investing in the stock, based only on alerts citing huge gains.

The promotional campaign was followed yesterday by the independent SISM Research report. This report, which is well known to all investors is the object of a different contract, than those for stock promoters.

GRPR_logo.pngThe report includes target prices of the GRPR stock, traded under $5. In comparison to the previous one. This time the bar has been raised for future shares prices. It presents a non risk potential of GRPR shares, between $2.79/share base case and approx. $9.69/share high case.

And, finally, the officially announced in an SEC filing agreement for fund raising with Premier Global Corp. has little impact on the stock rush from yesterday, since most of investors considered it on Monday, with the GRPR press release.

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