15 Penny Stocks Poised To Explode According To Hedge Funds

Page 11 of 16

10. Gran Tierra Energy Inc (NYSEMKT:GTE)

In Gran Tierra Energy Inc (NYSEMKT:GTE), 17 funds from our database amassed $206.18 million worth of shares, or 23.60% of the outstanding stock, at the end of June. During the second quarter, the number of funds long Gran Tierra Energy Inc (NYSEMKT:GTE) inched down by one, but the total value of holdings advanced by nearly 50% on the quarter. Gran Tierra Energy Inc (NYSEMKT:GTE)’s stock has slid due to a decline in oil prices, but it has had some positive developments, such as higher production and disposal of certain assets.

Page 11 of 16