Our Platinum Pick On Global Entertainment Holding's Inc (OTCMKTS:GBHL)
Closed Up Another 130% Today!
When we previously focused on Global Entertainment Holding's, Inc (OTCMKTS:GBHL) it was a special release as a Platinum Members secret early release pick on 4/5/17 when it was trading at $.002. Within one month, it gained 195% for our Platinum Subscribers, hitting a high of $.0059 for them on 5/8/17 and then this move was revealed to our free subscribers in our first public GBHL alert about the gains. As a result of the swift movement seen within such a short amount of time, Global Entertainment Holdings was added to our ever glowing list of penny stocks that saw serious movement for our readers.
After the big gain seen on GBHL, we moved on to numerous other picks that continued to see some spectacular movement but today's surge on GBHL shows us that this one still has a great deal of fight left.
Today, GBHL closed up As we mentioned in our prior alerts on this one that saw serious traction, one of the most alluring aspects of this stock, is the fact that it continues to command such a solid share structure. This is plain to see, when taking into account that just over 25 million share volume today, was able to move the price up so quickly. Solid picks like this that are able to trade upward fluidly on positive news and minimal selling pressure, are the types of companies that we often gravitate toward because this structuring denotes a certain degree of maturity and care for investors that is often unseen within the OTC Market. As highlighted in our prior alerts on this company, as of May 9th 2017, there were still less than 200 million shares outstanding for this stock, not to mention that it is OTC Pink Sheets, Current Information tier. Naturally we would like to see it further upgraded to the next level but as it is, it still manages to be one of the most well structured penny stocks on the market.
In recent history, the company has managed to land $1,000,000 in financing for their You Got The Part app and has also recently started up a brand new twitter profile, suggesting heightened awareness activity to come. They also have 4 wholly owned subsidiaries under their brand. Those subsidiaries are:
1. Global Universal:
2. Global Entertainment production
3. You've got the Part (App fully financed and awaiting public launch)
4. Weedweb: (MJ Industry Involvement)
With all of these aspects taken into account, there lends solid understanding as to why OTC investors are taking up such an interest here. At the current price per share, the market cap of the company is $901,293.80. Considering that they claim to have assets of $917,000 and so many things going on for them here, there is no doubt that there may be far more to come for this one.
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