Eline Entertainment Group Inc (EEGI)

[Ribo]

This is the "post". Eegi is on his Watchlist.

https://www.timothysykes.com/blog/penny-stocks-list/

Top Penny Stocks List Weekly Update #3: Eline Entertainment Group, Inc. (OTCPK: EEGI)

Eline Entertainment Group is a sports entertainment production company. Like so many OTCs, it’s dark or defunct on OTC Markets. It hasn’t submitted financials since 2018.

EEGI is another potential upcoming news and Twitter pump play. Promoters are posting about a potential reverse merger, updated filings, and a new CEO.

So far, the company hasn’t issued a press release to confirm any of the promoters’ claims.

Here’s the EEGI one-year chart…

stockdio-historical-chart stockExchange=”OTCMKTS” symbol=”EEGI” displayPrices=”Candlestick” performance=”false” allowPeriodChange=”true” height=”600px” culture=”English-US”]

EEGI spiked 168% on Friday and hit a 52-week high of 0.0055 per share. It’s up over 700% since the beginning of May.

It’s tough to chase a sub-penny stock already up so much without any real news. If the promoters can keep it going, or if there’s real news, it could be a potential dip buy into any big panic.