GBOE is in the most demanding industry in the world-oil and natural gas, especially now as the current massive gulf leak consumes the media.Remember when Ultra Petroleum traded for less than $2. Then, over a period of several weeks, Ultra rose 100%. After a few more months, it had risen by 300%. The stock eventually traded all the way to $99 a share!!
View the chart: http://finance.yahoo.com/echarts?s=UPL#chart1:symbol=upl
Could this be the path GBOE will make?
The demand for oil and natural gas continues to increase in North America and around the world.
New exploration and production is expanding at a rapid pace, especially in the shale areas of the U.S.GeoBio Energy Inc. has plans for newly developing shale plays in Pennsylvania, Texas and Louisiana
GBOE also intends to expand internationally with the first targeted area being the active oil sands area of Alberta, Canada. http://finance.yahoo.com/news/GeoBio-Energy-Inc-New-pz-1969927664.html?x=0&.v=1
What is most exciting is part is their vicinity to the big oil players. If GBOE were to ever get bought out, early investors could see huge gains!!!
Make sure to do your own research on GBOE and consult with your own financial professional.
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