Struggling OTC Stocks: Minero Resources Inc(OTCMKTS:MINE), Apptigo International Inc(OTCBB:APPG), and GEI Global Energy Corp(OTCBB:GEIG)
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Minero Resources Inc(OTCMKTS:MINE) suffered an 11.54% decrease in value during yesterday’s trading as the stock fell $0.0012 to finish the day at a closing price of $0.0092. The Texas-based development stage company’s subsidiary, Level 5 Beverage Company, announced Aug. 15th that its VitaminFIZZ(R) zero-calorie formula is now available on Amazon.com. Since the announcement, Minerco Resources Inc(OTCMKTS:MINE) has suffered a loss of $0.0038. The penny stock currently has 2.44 billion shares, 45,734,243 of which were exchanged during today’s trading.
Apptigo International Inc(OTCBB:APPG) lost $0.0198 to finish the day at a closing price of $0.422. The stock notably traded for as little as $0.41 during the day, a new 52 week low for the mobile app developer. Apptigo International Inc(OTCBB:APPG) had seen its value soar to a 52 week high of $1.89 thanks to an aggressive public relations campaign. However, since the company’s movement has lost steam, the stock has fallen $1.448 since closing at a price of $1.87 on Aug. 11th.
GEI Global Energy Corp(OTCBB:GEIG) enjoyed a 57.89% increase in value during yesterday’s trading as the stock gained $0.0022 to finish the day at a closing price of $0.0060. Nevertheless, the stock remains substantially below its three month closing price high of $0.05 recorded on July 10th. GEI Global Energy Corp(OTCBB:GEIG)reported its quarterly financial results on Aug. 14th. The company indicated that it did not generate any revenue for the three month period.
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I have alerted companies that rallied 100% or even 6,000% (not even joking) in under a week. Likewise, I have alerted companies that tanked 10, 20, sometimes even as much as 30 or 40%. However overall it is about the net result that delivers profits into your portfolio.
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