Penny Stock Grid Petroleum Corp. (OTC: GRPR.OB) announced the finalization of negotiations for the acquisition of a private holding company, with oil and gas interests in a 5000-acre tract of land in central Texas.
The underlying oil and gas interests have been estimated to contain reserves of over 20,000,000 barrels of Oil and 15 Billion cubic feet of natural gas. Onsite oil production mitigates exploration risk and provides for in-field drilling opportunities from multiple pay zones.
GRPR previously announced that its joint venture partner Solimar Energy Limited has engaged two geophysicists to initiate a geological study of the Kreyenhagen Trend lease acreage. The study is still in process and the results of the study are pending its completion, which is anticipated in late February.
Grid Petroleum and Solimar Energy Ltd have planned several stages, the first of which is the geological study, towards a comprehensive drill site selection process of the Kreyenhagen trend leases to determine potential drill sites. The development targets are significant oil shale formations identified as the Upper Temblor and the under explored Miocene Monterey.
Grid Petroleum Corp is a development stage company focused on the acquisition and development of low cost high reward oil and gas prospects with infield drilling for proven potential reserves in the United States and Canada.
“Be fearful when others are greedy, and be greedy when others are fearful.” – Warren Buffett
If you really want to make some considerable profits from the stock market, it is possible to make a considerable amount of money on penny stock trading. When you find the right penny stock to buy, knowing when to buy and sell is the second most important tool to maximizing your profits.
Being technical, analytical or just flat-out greedy when trading penny stocks is the easiest way to limit profits and, sometimes, even lose your entire investment. You need to have a strong and strict strategy to achieve your goal of maximizing profits while minimizing risks in penny stocks.
Listed below are a few of the many points each and every penny stock investor needs to discover.
- Do your own research.
- Trade Responsibly.
- Verify everything.
- Move Fast or Get Left Behind.
- Do not use market orders to enter a position, use limit orders.
- Have a System That fits You.
- If a Stock Gaps Open, Look for Pullbacks to Enter.
- Plan a Trade and Trade a Plan.
- Always use stop loss orders to protect yourself.
- Positive Self- Belief.
- Keep trading as Part of a Balanced life.
- If a stock breaks below our alert price GET OUT. Do not wait.
- View Trading as a Score in Points and Not In Money:
- Always take your profits whenever you can. Do Not Be Greedy.
- Work Hard at Learning How to Trade Properly and Keep Working.
- Do something to make someone else’s life better today.
AimHighProfits.com strives to provide you with the hottest stock alerts in the market in Real-Time. We focus on stocks that trade for $5 per share or less, some as little as a few pennies with upside potential.
Our goal is committed to producing and publishing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions and to inform you of the best stocks in the market before they move. Our focus is primarily on OTC stocks in the stock market today which have traditionally been ignored by Wall Street.
We have particular expertise with internet stocks, gold stocks, renewable energy stocks, biotech stocks, oil stocks and green energy stocks. There are many hot penny stock opportunities present in the OTC market every day and we seek to exploit these hot stock gains for our members before the average daytrader is made aware of them.
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