The penny stock of Global Equity International, Inc. (GEQU) took last week off so that RDI, aka Cohen, could throw traders for a loop with Gold Mining USA, Inc. (GMUI). “Holy Crap! GMUI stock ran from $1.00 all the way to $8.00″ but, don’t look too close, because it was one trade that sent it there before busters got busted chasing a dream which was more of a pipe bomb. Having used SOFT and HOMS to do similar runs prior to throwing Hokutou Holdings International, Inc. (HKTU) against the wall for a week, GEQU stock is set to follow the path of HKTU stock, bagging trolls along the way to drop them all off in Sri Lanka.
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GEQU Stock Quote
Market Cap: 7.70M
Last: 0.25 ▲ +0.02 (+8.70%)
Issued and Outstanding: 30,784,202
Asher Enterprises: 3,075,341
14-Day Rel Strength: 53.25%
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When your most recent SEC filings depicts that well-known penny stock dumper, Asher Enterprises Inc., owns 9.99% of your issued and outstanding shares, you had better come out with either a cure for cancer or have discovered the holy grail during a mining expedition if your stock is going to appreciate. Sure, GEQU stock is going to go up some, it’s called the gap which is why Cohen had to use GMUI and the pathetic volume that drove that up to get subscribers to bite on this POS.
Actually, to be fair, Global Equity International, Inc. has a lot of things going for them which would make any common-sense driven investor buy GEQU stock. The Company, as of September 30, 2013, had $326 in cash, total assets worth $125,941, current liabilities worth $590,143, a convertible loan worth $324,475, and 1,533,332 shares of redeemable Series A, Convertible Preferred Stock valued at $480,000.
Again, being fair, revenues are on their books ($165,000 and $171,849 for the 3 and 9 months ended September 30, 2013) and they just announced that their client, Scandinavian Agritex Co., recently entered into a definitive agreement with Sovereign Gulf, a Dubai-based firm that advises fund managers and corporations to tailor their offering to fit with the requirements of Middle Eastern institutional investors, to raise pre-IPO funds in Dubai. So, if their client raises some funds with the 3rd party, Sovereign Gulf, it would stand to be assumed that Global Equity International could get a slice.
Regardless, the short-term outlook for GEQU stock is headed into on direction – south of the current PPS equator. The involvement of Asher Enterprises is a death kiss, the OTC version of AIDS for a ticker. Magic has survived for a long time and GEQU stock could as well. I mean, on any given Monday, nothing can be accurately predicted all the time, even if Peyton was the CEO of this pig.
About GEQU Stock
Global Equity International, Inc. is a development stage company which generates their revenues via business consulting services, introduction fees, and equity participation.
Click here to view the SEC filings for GEQU.
Click here to view the website for Global Equity International.
Last 5 Trading Sessions:
Trusting a Cohen / RDI issued penny stock alert to do well when Asher Enterprises is involved is like spitting in the wind. If you can avoid GEQU stock today, do so and look to see if someone dropped a chicken wing between the sofa cushions. You’ll get much more satisfaction out of that discovery than you will averaging down all day on GEQU stock.
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