Disappointingly for many traders of penny stocks, the pump has been turned on for Global Stevia Corp. (GSTV) and, sadly enough, its not going to be one of the Awesome Penny Stocks. So with all the time and effort spent researching the APS crew while on their trip to Vietnam, will GSTV stock still be able to sprout the triple digit gains that were expected when they head down “crack alley” Wednesday? Well, like a good support group, the other stevia focused companies, Stevia Corp. (STEV), Stevia Nutra Corp. (STNT), and Stevia First Corp. (STVF) all finished green Tuesday so there is still a chance.
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GSTV Stock Chart
Market Cap: 35.92M
Close: 0.12, down -0.06 (-33.33%)
Volume: 129,016
Dollar Volume: Calculator Broken
High: 0.17
Low: 0.10
Trades: 24
Average Trade Size: 5,375
Authorized: 975,000,000
Issued and Outstanding: 299,300,000
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In preparedness and why we suspected Global Stevia would be the pick for Awesome Penny Stocks to end the year with, Matthew Christopherson resigned from his position with the Company — the last link to any APS group previous pumps. His replacement, Long Duck Dong from the 80’s classic Sixteen Candles (actually its Tran Hong Phuong – see here) now opens the gates for Matt to dump his 156,000,000 post split shares which he acquired from Vanessa Gillis and Jessica Bradshaw, the former directors and officers of Guru Health (GRUH), for $30,000. (see here)
The two Canadian Chiver’s planned on making Guru Health the vitamin shoppe of the world, but instead its now GSTV, multiplied by 60 after two forward stock splits since Christopherson took control. Now that he’s out, it’s likely that, very similar to former Sunpeaks Ventures (SNPK) insider Douglas Roe’s Global Rsource Energy (GBEN), the pawnage will begin with limited upside compared to if it was the APS pick this week.
What a waste of time and money but at least GSTV will finally see some action and, by the end of the year, we won’t have to write about it anymore — probably earlier. STVF stock price rose 328%, STEV stock price rose 310%, STNT was a pig, so there’s no telling what Global Stevia will be. We’re betting for $0.60 as a maximum high depending on how greedy Matt is in selling his 156 million shares.
About GSTV Stock
Global Stevia Corp. is a development stage enterprise involved in cultivation, production and commercialization of the stevia leaf with plans to develop its own state of the art propagation labs, nurseries and test fields in South East Asia, particularly in Vietnam where it has secured a large parcel of agricultural land.
Bottom Line: GSTV is officially on the list of penny stocks being promoted and needs to be on your list for Wednesday’s open. Expect to see volume in the range of $100,000 and GSTV to close green with a HOD of near 0.20 if all the Long Duck Dong’s are aligned and the wind is blowing in from the S.E. It’s a shame its not the APS pick because its sexier than a tank top with no bra, but it is what it is and its in play.
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