Green Endeavors, Inc. (PINK:GRNE) had a great session yesterday after the company announced revenue growth.
GRNE closed up 66.67% at $0.001. The more impressive part of the performance was the volume which reached close to 120 million shares.
The announcement said there was a 15.2% revenue growth over last year’s results for the same period.
The reaction was somewhat surprising because GRNE has made similar announcements in the past with limited market response.[BANNER]
Another odd thing is that GRNE doubled on Jan. 10 when there was no news released by the company, nor were there any filings or promotions.
Keeping in mind that the operations of GRNE are currently two salons in norther Utah, it may be difficult for the stock price to get a sustained increase run, but there is always some chance on the stock market.