From 0.27 on July 28th when we were the first to call attention to it to $5.95 at the HOD today, the penny stock of GRILLiT Inc. (GRLT) crushed everyone’s expectations. Gaining over 2100% in less than 3 weeks, GRLT stock may be done running yet with limitations of trading stocks under $5 having been lifted for most of the day. Pegged by some as a mini Chipotle Mexican Grill, Inc. (NYSE: CMG), it’s way too early to be over excited about their 3rd franchise and recent sponsorship of MMA fighters, but it sure has been a great way to make money in August.
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GRLT Stock Quote
Market Cap: 39.28M
Last: 4.76 ▲ +1.10 (30.10%)
Dollar Volume: $1,131,698
Issued and Outstanding: 8,252,502
14-Day Rel Strength: 79.60%
1st Resistance Point: 5.9167
1st Support Level: 3.6367
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After having a bull run from the open until almost 11:20AM, GRILLiT’s GRLT stock was looking like it was going to break out of the 5’s and into the 6’s until it pulled back after touching $5.95. Running 59.3% at the start of the day, those who witnessed the sick run Lot78 Inc. (LOTE) had in the spring (another one we were one of the first to alert on), once the price breaks and closes above $5, a whole new ball game begins.
Yesterday’s announcement that MMA fighter Michael Johnson will be wearing the GRILLiT brand on his trunks as he fights on UFC Fight Night 26 this Saturday is no small endorsement. With the Company’s insignia due to be displayed on banners ringside, take note of what other former penny stock pick of ours from last year is all over the place: Muscle Pharm Corp. (MSLP).
If you were wise enough to take what we had to say about GRLT to the trading screen back when the run began, just look at what you would have done up to now:
|Invested @ 0.27||Value @ $4.76|
GRLT sock just goes to show you that the RIGHT penny stock will outperform any investment you have and can make a significant impact on your wealth.
About GRLT Stock
GRILLiT, Inc. is a development stage company focused on growing their Latin-Caribbean fusion restaurant concept that marries fast casual to nutritious and healthy food.
Last 5 Trading Sessions:
Not even the “Flayster” could GRILLiT as hot as GRLT has gotten. In just 14 trading sessions, GRLT stock has more than tripled the performance of any of the last 3 Awesome Penny Stocks picks and it did it in less than 20% the time. Look for the squeeze to continue as the last trading session of the week looks to be another serving of some mouth watering gains for the longs.
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