GeckoSystems Intl. Corp. (www.geckosystems.com/) announced in their press release today that since Sprint Nextel Corporation has finalized the contractual terms and conditions of their agreement, Gecko can more expediently complete their first elder care robot trials. This announcement follows GeckoSystems press release last month stating they were in negotiations with a Fortune 500 company; the name of the company was not disclosed. As a result of this agreement, Gecko’s elder care robot trial participants will receive special pricing from Sprint Nextel; the trials have been underway since late 2009.
GCKO opened yesterday at $0.015 and closed at $0.0165 which is an increase of 10%; the volume over the past few days has also been rising. I wonder if this diamond in the rough is soon to be a polished stone. Or better yet, a flawless polished stone. I'm holding my position long term and increasing on the dips.
Remember that since GCKO is a penny stock, it is a risky investment and the price of the stock is subject to rapid fire up/down fluctuations. It is important to do your own Due Diligence before investing your money in this or any other stock and do not base your buy/sell decisions on the opinions and comments of LA Stock Talk.
Disclosure: LA Long GCKO