One thing is sure when you are out to make money by investing in penny stocks and that is that you are in for a wild, hype driven penny stock ride. A good case in point is that of this past week’s GAZU.OB capers. It seemed that every penny stock pundit sending e-mails last week was extolling the fortunes that could be made by investing in GAZU.OB. The stock jumped twenty cents before closing the week back down at .45 a share at close of day on Friday. Check the 52 week chart, I noticed that GAZU.OB bottomed out at.06 once in 2009. Any significant gain on that would create a fortune from this penny stock. It’s all in the timing.
GAZU.OB made the news on it’s own several times during the week as well and that made for an interesting ride.
A suspect “major shareholder” surfaced and challenged the CEO to a showdown at one point alleging that he had not been consulted on major changes in the company’s direction. CEO fired back that there were no grounds for the allegations.
GAZU.OB also announced that it has entered into discussions with several solar energy companies regarding new investment opportunities. Gazoo Energy Group is exploring the potential for extensive growth in advancing technologies capable of maximizing energy production, while utilizing smaller footprints of land. The company also believes it can maximize the land connected with its proposed wind turbine projects by adding solar panel access.
GAZU.OB also announced that Global Development, LLC will assist Gazoo Energy Group in securing a wind turbine manufacturing facility in New Mexico. The project would create approximately 300 jobs in New Mexico. Global Development has extensive experience in working with government agencies and stays abreast of relevant political developments to assist its client
GAZU.OB remains a penny stock to watch.
GAZU.OB
