Strap up your boots, saddle up and get ready for a ride because the penny stock of Laredo Resources Corp. (OTC:LRDR) is about to run with the bulls. Just over a month after the new management, Robert Gardner, decided to issue a 50-for-1 forward stock split on this mineral exploration Company, LRDR stock is already catching the wind of a massive campaign about to commence. So for those traders willing to cowboy up and grab a piece of this penny stock, chances are that they could be sitting in the winners circle much sooner than those hard mailer fools in a month’s time.
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LRDR Stock Chart
Market Cap: 98.18M
Last: 0.55, up 0.105 (23.60%)
Dollar Volume: $46,513
Average Trade Size: 3,568
Issued and Outstanding: 178,500,000
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Front loading on a promotion is never as perfect as one plans as many saw when they got into Georgetown Corp. (GTCP) in the 30’s and 40’s. However, the 50-for-1 forward stock split on Laredo Resources last month and the set up of a massive campaign about to launch.
On September 10, 2012, Robert Gardner gave Ruth Cruz Santos $20,000 for her controlling interest in Laredo, 2,000,000 shares of LRDR stock. Now he sits as President, CEO, CFO, Secretary, and Treasurer. Laredo was started by Cruz just a couple years ago for this exact purpose — to flip the shell into the hands of those worthy to run it.
While Laredo has no assets as of yet to speak of, Gardner is the Proprietor and Principal of Gardner & Associates in Vancouver where he is a Barrister and Solicitor in the Province of British Columbia since being called and admitted in 1966. He is currently President of Q-Gold Resources Ltd. (QGR.V), as well as a former Chairman of Viridis Energy, Inc. (VRD.V) and once President, CFO and Secretary of First Star Resources, Inc. (FS.V).
About LRDR Stock
Laredo Resources Corp. is an exploration stage company that intends to engage in the exploration of mineral properties with a view to exploiting any mineral deposits we discover. Click here to view the SEC filings for LRDR.
Last 5 Trading Sessions:
Bottom Line: LRDR is getting some action early today and is clearly not a penny stock for the weak at heart. With speculation of LRDR stock being the next SMA pick, you have a better chance of calling Dionne over at the Psychic Friends Network (PFNI) and asking her. For the time being, have it on the radar.
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