Green Innovations Ltd (OTC:GNIN) Not Dealing Well with Silence
Ever since Green Innovations Ltd (OTC:GNIN) emerged on our radar, we have been trying to warn our readers of the dangers associated with it, and the fact that it is, or maybe was, a pump job.
The company has been silent since Mar. 28 when it announced it had finalized its dividend (split). The last email we got from Dividend Seeker and the other pumper newsletters was three days earlier.
The lack of fluff press releases and tout emails has left very little going GNIN‘s way. Yesterday they closed down 26.67% at $0.88 per share, on 2.6 million shares.
So far today, there isn’t a new announcement, but there is still time before the open. Even if GNIN get a press release out, however, it may be too late. Additionally, it seems the pump may be over too.
Considering that the touted potential of GNIN may never be realized, there is quite a lot of room for the price to go lower.
There are probably still some people who believe that GNIN can meet the ridiculously high expectations created by the company and the pumpers. Those people may want to consider consulting a professional before they have a go at another investment.