{"id":7915,"date":"2016-05-23T00:02:08","date_gmt":"2016-05-23T00:02:08","guid":{"rendered":"\/?p=7915"},"modified":"2016-05-23T00:15:02","modified_gmt":"2016-05-23T00:15:02","slug":"greengro-technologies-inc-otcmktsgrnh-is-still-unstable","status":"publish","type":"post","link":"\/articles\/greengro-technologies-inc-otcmktsgrnh-is-still-unstable\/","title":{"rendered":"Greengro Technologies Inc. (OTCMKTS:GRNH) Is Still unstable"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93598\/vzxvxz.png\" border=\"0\" width=\"433\" height=\"193\" \/>Greengro Technologies Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a>) lost a quarter of its market value in yesterday&#8217;s session, but is well on its way to recovery in today&#8217;s early trading. So what gives? <\/p>\n<p>Truth be told, this latest burst of volatility is somewhat difficult to explain. There have been no new developments surrounding the company for a couple of days now &ndash; no reports coming in, no announcements, pumps or really &#8211; anything of relevance that could have driven the ticker up or down in double digits.<\/p>\n<p>True enough, the company&#8217;s latest financial report was nothing to write home about:<\/p>\n<ul>\n<li>Cash &#8211; $39 thousand<\/li>\n<li>Current assets &#8211; $747 thousand<\/li>\n<li>Current liabilities &#8211; $260 thousand<\/li>\n<li>Annual revenues &#8211; $569 thousand<\/li>\n<li>Annual net loss &#8211; $3.5 million<\/li>\n<\/ul>\n<p>Overall, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a>&#8216;s <\/strong>cash on hand is ridiculously low, and its net loss is frightful &#8211; however, that&#8217;s nothing new on the OTC Markets. In fact, unlike most of the rabble cluttering the same sector and piggybacking to the top of the charts each time a new legal development causes a wave of hype, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a> <\/strong>is actually making revenues.<\/p>\n<p>Unfortunately, while it does seem to be making steps forward, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a>&#8216;s <\/strong>achievements to date are still not significant enough to cement its path up the charts, while at the same time its shortcomings are significant. Add a bit of controversy-fueled hype volatility and it should be obvious why the ticker is pulled every which way every so often.<\/p>\n<p>Naturally, this creates windows of opportunity for profitable trading of <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a> <\/strong>stock for the most bold and enterprising investors. However, due diligence and caution are advised when making such attempts, because the risks to investors are also huge &#8211; especially now that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GRNH\">GRNH<\/a>&#8216;s&nbsp;financial report has been delayed and may hit the web at any moment, throwing the ticker up or down the charts, depending on the numbers within it.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/93\/93598\/vzxcvxcvzx.png\" border=\"0\" width=\"225\" height=\"70\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greengro Technologies Inc. (OTCMKTS:GRNH) lost a quarter of its market value in yesterday&#8217;s session, but is well on its way to recovery in today&#8217;s early trading. So what gives? Truth be told, this latest&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[262],"class_list":["post-7915","post","type-post","status-publish","format-standard","hentry","category-news","tag-grnh"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=7915"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7915\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}