Quazimoto believes that what goes up must come down…and then go back up again. That is why he has added Green Earth Technologies (Stock symbol: GETG) to the watchlist.
According to the company info… “Green Earth Technologies, a consumer goods manufacturer, produces “G”-Branded superior performing TOTALLY GREEN products made entirely from American Grown Base Oils that now puts the power of patent pending nanotechnology (doing more with less) and dehydrogenation into the hands of environmentally concerned consumers everywhere.”
Sounds good. Of course the only green we are interested in is the kind that you stuff your wallet with. This stock has risen dramatically and as the saying goes, “He who hesitates gets a better price” as a little more profit taking may be in order. Quazi, on the other hand, thinks this may be a quick short term play. Either way, watch the price action and trade accordingly.