lowtrade

[lowtrade]

Doing some pennyland research tonight and would like to mention 2 stocks. GLER & ILIV One I like and one not so much.

I noticed GLER had unexpected price action. As the temp job play was over only 3 months ago and most fall from 6 to 9 month. Seems there is a shell shift there. And the retail herd is going crazy.

All I'll say about GLER (soon to trade under another symbol) is caution. It's not worth the steep price climb. As Global Earth Energy, Inc. and all it's partners and subsidiaries have NOT produced any revenues for many quarters. ( an empty shell) And Hawk Manufacturing, Inc. is just a small local CNC machine shop. Thus it's just a cost effective way for HAWK to sell stock to the public. And secure Venture capital funding for growth plans.

Remember; Never believe the PR story, Trade retail reaction to it !
http://stockcharts.com/h-sc/ui?s=GLER&p=D&yr=0&mn=6&dy=0&id=p50191627054

I like what I found about ILIV. It on the other hand is a company entering a growth stage. All prep work I found says NO VC funding and it is free trading. So one can rely on TA & charts more then the average OTC stock.

While the chart evaluation is involved (long term/ short term) I see it continuing in an up channel. On a single bottom bounce climb to .003 target. If .002 next resistance is broken.
http://stockcharts.com/h-sc/ui?s=GLER&p=D&yr=0&mn=6&dy=0&id=p50191627054