GDET Ready To Break $0.01 Going To $0.05; Rated BULLISH; Top 100 OTC Gainer; MACD Crossover; 200 MA Breakthrough
March 13 2019 - 9:20AM
InvestorsHub NewsWire
GDET Ready To Break $0.01 Going To
$0.05; Rated BULLISH; Top 100 OTC Gainer; MACD Crossover; 200 MA
Breakthrough
New
York, NY -- March 13, 2019 -- InvestorsHub NewsWire
-- www.nextbigticker.com -- GDET (USOTC:
GDET) (GD Entertainment & Technology dba “GDET”) closed
yesterday at $0.0089 up from $0.005. Recent GDET news and disclosures suggest that tomorrow the
company will announce a new cannabis business
already up and running. GDET posted its highest trading
volume in two months yesterday at over 12 million shares. The
PPS was up 43% making it one of the TOP 100 OTC GAINERS. The
PPS broke through the 200 MA and experienced a MACD
Crossover. All technical indications point to a
breakout. Looking at other companies making cannabis sector
entries, market comparables suggest GDET could see a run to $0.05
and potential even higher retracing back to its 52 week high of
$0.15.
With Canada legalizing recreational marijuana
last year, and the U.S. recently legalizing hemp farming under the
2018 Farm Act, and state by state marijuana legalization continuing
to grow, the market is hot for new cannabis plays. Take a
look at some of the hot cannabis sector performers to get an idea
of where GDET could go – for instance, HEMP (USOTC:
HEMP), Pot Networks (USOTC:
POTN), Puration, Inc. (USOTC:
PURA). It could be a good time to accumulate GDET in
anticipation that the marketing firm connection is a precursor to a
coming cannabis announcement.
GDET has built a secure, state-of-the-art
facility currently racking up a Bitcoin reserve now by adding to
the Bitcoin Blockchain. But don’t think GDET is a one trick
cryptocurrency company. Anil Idnani, the GDET CEO, is a
young, ambitious, high-energy entrepreneur building a much more
diversified portfolio of high-growth potential enterprises under
the GDET roof than just a cryptocurrency mining company. GDET
recently launched the Dream Card, a service that can make any bank
or credit card a premium card through a third party service.
GDET has also ventured into Bitcoin ATM’s and has more innovative
financial services on the horizon. However, it would be a
mistake, we think, to consider GDET just a financial services high
growth industry company. There are some subtle signs that
Idnani is preparing for a launch into the cannabis sector.
Namely, GDET has engaged a marketing firm specializing in the
cannabis sector. GDET’s public disclosures include the
engagement of a firm with a small portfolio of publicly traded
cannabis sector companies. This seems like a clear sign that
GDET will soon launch into the cannabis sector itself. Keep a
close eye out. Idnani has a history of building committed and
bono fide businesses. It’s a good bet that a GDET’s
announcement tomorrow will come with Idnani revealing a cannabis
operation already up and running.
DISCLAIMER: NextBigTicker.com (NBT)is a
third party publisher and news dissemination service
provider. NBT is NOT affiliated in any manner with any company
mentioned herein. NBT is news dissemination solutions provider and
are NOT a registered broker/dealer/analyst/adviser, holds no
investment licenses and may NOT sell, offer to sell or offer to buy
any security. NBT's market updates, news alerts and corporate
profiles are NOT a solicitation or recommendation to buy, sell or
hold securities. The material in this release is intended to be
strictly informational and is NEVER to be construed or interpreted
as research material. All readers are strongly urged to perform
research and due diligence on their own and consult a licensed
financial professional before considering any level of investing in
stocks. All material included herein is republished content
and details which were previously disseminated by the companies
mentioned in this release or opinion of the writer. NBT is not
liable for any investment decisions by its readers or subscribers.
Investors are cautioned that they may lose all or a portion of
their investment when investing in stocks. NBT has not been
compensated for this release and HOLDS NO SHARES OF ANY
COMPANY NAMED IN THIS RELEASE.
Disclaimer/Safe Harbor:
This news release contains forward-looking
statements within the meaning of the Securities Litigation Reform
Act. The statements reflect the Company's current views with
respect to future events that involve risks and uncertainties.
Among others, these risks include the expectation that any of the
companies mentioned herein will achieve significant sales, the
failure to meet schedule or performance requirements of the
companies' contracts, the companies' liquidity position, the
companies' ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not
occur.
Source: www.nextbigticker.com
Hemp (CE) (USOTC:HEMP)
Historical Stock Chart
From Aug 2024 to Sep 2024
Hemp (CE) (USOTC:HEMP)
Historical Stock Chart
From Sep 2023 to Sep 2024