VGTel Inc (OTCMKTS:VGTL) Explodes On Twitter Hype

VGTel Inc (OTCMKTS:VGTL) nearly doubled its market value yesterday, on account of a wave of hype caused by some twitter posts that went viral, but is now headed down fast and hard.

VGTL seems to have found its way into the hashtags of some popular stock-related twitter users, along side the ticker symbols of other mediocre looking, dubious and overhyped OTC Markets companies, such as Surna Inc. (OTCMKTS:SRNA), PositiveID Corp. (OTCMKTS:PSID) and Medical Marijuana Inc. (OTCMKTS:MJNA).

Said twitter users are even now spamming optimistic messages, claiming that the ticker is ready for anther amazing ride today – but is that really the case?

True, VGTL shot up yesterday, displaying impressive volatility. However, it is already falling in today’s session. Why?

Any seasoned OTC Markets investor would find an alarming similarity between VGLT’s chart maovements and those of any other company that’s on the receiving end of a paid pump. It is only natural that VGLT would suffer the same fate, seeing as due diligence on the company shows no significant achievements to date.

Pair that with multiple suspicious activities, such as the past paid pumps and outstanding toxic convertibles that we’ve discussed in detail before, and the reasons behind VGLT should become clear as day.