GreenGro Technologies Inc (OTCMKTS:GRNH) Goes Through The Roof

The stock of GreenGro Technologies Inc (OTCMKTS:GRNH) is still going strong after it started to run up the charts in a fast pace with the start of 2014 and the hype generated by the January 1 legal sale of weed in Colorado.

The total gain that the company stock has made since the beginning of the year amounts to a whopping 1541% and the volumes are getting higher and higher. It seems that nothing can stock GRNH‘s growth for now, but no one knows how long will it take before the hype looses its power.

Unlike other tickers in the sector like Medical Marijuana Inc (OTCMKTS:MJNA), Cannabis Bioscience Inc (OTCMKTS:CBIS) and Hemp, Inc. (OTCMKTS:HEMP), the stock of GRNH has yet to register a session in the red and the situation seems rosy at this point.

In fact GRNH‘s stock is making bigger jumps than anyone expected. Yesterday the ticker climbed some 182% on a whopping 60.3 million shares and managed to generate $20.3 million in dollar volume.

The company itself hasn’t made any press releases in 2014, but their headlines section for the year can’t be called empty. They were mentioned in several articles centered on the growth of medical marijuana stocks including one on CNNMoney.com so the hype is still strong.

What is disturbing, however good that it might be is the massive gain which the company made in a short amount of time, because we may come to witness a serious correction once the situation cools down and trading gets back to normal.

This is why we would advise you to do a lot of due diligence and weigh out the risks before taking the bet with GRNH.