Agrieuro Corp. (OTCBB:EURI) Keeps Climbing The Charts

The pumps just keep pouring on Agrieuro Corp. (OTCBB:EURI), and each consecutive session brings the ticker further up the charts on a massive dollar volume. But how long can this last?

Well, that seems to be the big question, doesn’t it? Unfortunately it is not one with a simple anser.

On one hand, pump jumps tend to loose their potency over time. On the other, FinestPennyStocks, BestAmericanStocks, SmartStockChoices and SmartStockWinners were paid a small fortune by Design Holdings to bombard investors with e-mails, and they seem to be frighteningly effective at attracting investor attention.

Still, although the sheer volatility and opportunity for profit may be alluring, investors need to always keep in mind the many traps that laid out in their way to quick money.

The biggest one in this case by far seems to be toxic funding. Some time ago, EURI‘s management thought it would be a good idea to sell 2.1 million shares of the company’s common stock at rates of about $0.01 a pop. Fast forward to about three months ago, when EURI performed a 40-for-1 forward split, which transformed those 2.1 million shares shares into 84 million.

As difficult to believe as that may be, the fate of those 84 million shares is still unknown, so there is really no way to be sure if they have already found their way into circulation, or may suddenly end up doing so in the immediate future.

Judging only by the way EURI is bouncing up and down the charts, either of those may turn out to be the case. Unfortunately, sudden and unexpected drops are characteristic for pump jumps, so at this point in time there’s really no way to tell what is really going on.

Which is why investors really need to be careful with this one.