GreenGro Technologies Inc (GRNH)

[sillylung]

From the article:

Past Frenzies

U.S. investors poured money into Chinese stocks in 2009 that went public via reverse mergers amid optimism about the world’s second-biggest economy. The gains were erased over the following two years as the global financial crisis unfolded and some of the stocks were targeted by short sellers.

Zoom Technologies Inc. (ZOOM), a Chinese maker of phone equipment, jumped to $126.27 in 2009 from about $4 in about six months in 2009. The stock has since lost all of those gains. Universal Travel Group. reached $16.83 in 2009 from about $1.50 the previous year. The Chinese travel service traded at 16 cents in 2013 before it was delisted.

“It’s very easy to see why day traders love a penny name,” said Yousef Abbasi, market strategist at JonesTrading Institutional Services LLC, a Westlake, California-based broker, referring to the ticker symbol for Medical Marijuana. “They love the hype surrounding these names and there is constant news flow.”


MM is messing with this now. We need to crush them shorts! Watch it grow hold for growth. You don't get a weed plant in 1 day it takes months. These stocks will flourish in the next year.