Agrieuro Corp. (OTCBB:EURI) Is Still Going Bananas
Agrieuro Corp. (OTCBB:EURI) made another astounding leap yesterday, even though it was powered by just one paid pump e-mail.
Without a doubt, this is the hottest pump-jump currently on the OTC Markets. Every time the volume seems like it is going to go down, the ticker explodes and even more shares change hands, pushing tEURI ever onward.
Suffice it to say that the outfits SmartStockWinners, SmartStockChoices and Best American Stocks, as well as a few others, have done miracles for EURI‘s volatility and market cap over the last few weeks. Yet, this all seems familiar, somehow…
Anyone who’s kept a close eye on the OTC Markets in the last six or so months is probably having a deja-vu right now. No, my friends, your brains are not deceiving you – something very similar has happened before, in the not so distant past. The charts are staggeringly similar, the story is virtually the same, the main cast is almost unchanged, only the star of the show – the target of the pump – is now another company.
But which OTC Markets drama was the original one, you may ask?
Well, America Resources Exploration Inc. (OTCMKTS:AREN), of course! It was heavily promoted at the beginning of Q3, 2015 and while the pumpers’ efforts lasted, millions upon millions of its shares changed hands. We provided an extensive coverage of the whole ordeal – from its spectacular beginning, all the way to its bitter end.
The similarities between these two cases are just too many do dismiss out of hand. Both companies had mediocre-looking financials. Both were the hottest thing on the market for quite a while when the pump e-mails started flowing, and managed to maintain their pole position for longer than seemed possible.
Which is the main reason to believe that their ultimate fate will also be the same. Investors should definitely take that possibility into account, and act accordingly.