Agrieuro Corp. (OTCBB:EURI) Climbs Yet Further Up

Agrieuro Corp. (OTCBB:EURI) managed to add another 11.11% to its market cap on Friday and today’s green opening looks like it will bring it even further up the charts. But how long can the pumpers keep up the pace?

Well, seeing as how promoters such as Finest Penny Stocks, Best American Stocks, Smart Stock Choices and Smart Stock Winners were paid hundreds of thousands of dollars to tout EURI stock, it’s only natural that they’d give it their best – and so far it seems to be working.

The ticker has been quite volatile ever since the pumps started hitting in-boxes and as a result what was an obscure penny stock company with illiquid stock is now one of the most heavily traded tickers on the OTC Markets.

However, opportunistic traders should never forget that pumps can only push a ticker so high for so long before they loose their potency. OTC Markets experience teaches that in such cases it is not so much a question of whether or not the ticker will crash for good, as it is of WHEN that will happen.

While unfortunately we can’t really know for certain when that will happen, there is insight to be gleaned from the reports about the probable reason for the inevitable crash.

A while ago, due to EURI‘s excellent management and concern for investor value, some unnamed investors got their hands on 2.1 million shares of its common stock for the price of $0.01 per share. Three months ago, a 40-for-1 forward split turned those shares into 84 million. Those shares are still unaccounted for, which means that they may well find their way to the market en-masse before long, if they haven’t already.

And, judging by the sudden and horrendous drops that EURI has experienced on Oct. 29, Nov. 11 and Nov. 16, some of said shares might have done so.