Tuesday, June 3, 2014

GLGT Penny Stock in Focus

Global General Technologies Inc (OTCMKTS:GLGT) has been on quite a run recently. I actually had some shares from a while ago and sold yesterday at .0047 for over 1000% gains. By my admission it was all luck since my shares were from over 2 years ago. I held since many penny stocks are cyclical and it's only a matter of time before they are pumped again. Only this time there is no news or pump on GLGT.  Apparently there is a rumor about a merger with Turbine Aviation Inc. This speculation has only been substantiated by new filings with the Nevada Secretary of State website. If you scroll to the bottom you will see another link which reads Return to Entity Details for "Global General Technologies Inc. Many think Turbine Aviation is a good company and will increase the valuation of GLGT hence the run it's been on. 

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