Three new promotional newsletters raised the share price and the trading volume of Geo Finance Corp. (PINK:GEFI) yesterday. Though the chart looks positive, a huge drop might follow in the coming days. 
Yesterday’s session closed at $0.055 for a share, which was a 37.50% increase from the previous close. Trading volume was also a few times higher than the daily average for the past three months with nearly 211,000 traded shares. Yesterday, GEFI could not overcome an important resistance level, the growing demand for the shares could, however, cause a further increase today.
For the days to follow, the prospects do not seem that optimistic. The jump of GEFI yesterday seems to be caused by nothing else but the regular promotions. Three more e-mails arrived during the day, one compensated with $15,000 by a third party, the others with unknown compensations and paying parties. As the firms that ordered the promotions could be holding huge amounts of GEFI shares and could intend to dump them on the market, the rise of the stock is unlikely to last.
There is no current financial information available for Geo Finance Corp., which also adds more to the uncertainty. Latest information comes from the company’s press releases. In November last year, GEFI announced to have arranged the acquisition of a lease package in Wichita and Archer Counties, Texas. A more recent announcement from this Monday also concerned that Jackson A&D leases, but again without mentioning any relevant details.
The only thing that is evident is that the economical and financial analysis of that project is yet to be announced, just like the company’s financial reports for the last two quarters.
