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Shares Prices of Global Realty Development Corp. (GRLY.OB) Increase 11.76%

GRLY.OB shares bounced over 11% during Friday’s trading hours after testing its support line at $0.17 yesterday. By bouncing today, the stock reaffirmed its support and formed a double bounce chart pattern which is considered a bullish move by many technical analysts.

Global Realty is a publicly traded company that is focused on investing and developing properties in the real estate, entertainment and gaming markets on a global basis. Its international subsidiaries assist the company with its business objective by seeking and developing projects with significant potential.

The company’s CEO, Robert D. Kohn, has founded and co-founded three start-up companies that together have a market cap totaling over $1.5 billion. Global Realty’s International Corporate Development Officer, Peter Voss, is also a great asset to the company as he has a background of expanding companies into global markets.

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