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thank you!
so basically we are the same place we were as far the debt but we doubled our profit???
I'm good with charts not financials :) any interpretation of it would be helpful
Thank you!
Bull, I understand the frustration, but it will get there you need to be patient
You are young but smart, and here for a reason, stick to your gut and don't just look at the selling but the buying too
People are picking up cheap shares, let the scared money leave and try to look at this in longer term, 6 months to a year, not just the daily
You have to figure out what kind of trader you are and find your nitch in that
Most here are longer term trader/investors very different from a day trader and swing traders
I do both! This company is longer term play for me
GLTA
Exactly!
isn't it interesting that we don't have an after market trade on a down day but we always have one on strong green day? :)
Asking for a friend, LOL
Yes we do, but a wash out of weak hands would not be a bad thing either
I'm watching the chart closely and although very slow and frustrating, its a text book classic setup. anything is possible, but with the right news, this will shoot up and never look back just like it did before not once but twice!
I do hope it happens sooner than later though!
do you know the most recent short share count?
A test and a retest of the support line is very normal after a push, and we won't stair step up without it.
A breakout is not always straight up, look at the candle formation before the last strong move in May, very similar to the ones we are experiencing right now.
Tomorrow is a new day, lets see what it brings, This stock has been trading in this range for a very long time, don't understand why the financials would be negative and not sure why everyone is so nervous about them.
The 40-50% discounts that you see on the website are for retail sales and it helps built the brand, they make most of their money by whole-selling their merchandise, thats where the focus should be. Not retail, Hershey didn't get where it is by retailing their own merchandise. The fact that they sell retail is a plus not a negative, no matter at what price!
Pull up the 6 months chart and put your mind at ease
Tomorrow will be a green day IMO
Yes, I would say that is misleading, but the point I'm making is that most of that has been priced in the current price because the issue about the notes have been killed to death on this board, in other words OLD NEWS!
The notes have always been there but people have been buying this stock around this price area for about 6 months now. The notes haven't changed but he revenues has.
The fact that they reduced share count is huge plus too, your analogy about the chair does not make sense here because preferred shares and common shares are two different things, can't treat them the same
We can keep talking about notes and we should, but lets not forget to do it in perspective with whats going on with the company today and where they are headed, All IN MY OPINION!
There will always be buyers and sellers and that makes a market, nothing wrong with that!
LOL! I guess I can see that, but all these questions about the notes, these are old notes right? Have they issued any new notes? I feel like this is a completely different company than it was a year ago, talking about old notes and not the recent progress in revenues is misleading.
They are both important and in a way balance one and another out, IMO! focusing on one and not the other, does not seem right, but which one is more current and the new direction of the company! Thats the point I'm trying to make, where is this company headed?
yes! Stair Steps building on the monthly chart
Agreed!
And the sdmintration has much more important things to worry about than something that the states have already legalized by voter approval! It’s a non event and just talks and opinions by politicians! It will take much more than that to change the laws so I’m really not worried about sessions at all, if they wanted to block it they would have already done that by now, this administration does not sit around on policy change as I’m sure you all have seen. If there was something major planned by the president it would have come out by now.
As far as the previous share structure and debt holders, It’s not the same company as before and there is no comparison! The amount of cash they can generate now and the future value of the company is very different than what it was last year or even six months ago. I? bought in based on the chart setup and what the chart tells me is that, even with all the share dumping the stock has held up for months at these levels, we just recently had failed selloff and that means the bulls are getting ready for a big push!
This kind of chart setup takes about 4-6 months to unfold and is very powerful because of how long it has had a chance to consolidate!
Risk/reward is very clear here
There is always a chance to the down side but all the signs are pointing up right now IMHO!
GLTA
the market had a huge drop 350+ points right about the same time we did on POTN do to Michael Flinn pleading guilty charges for lying to the FBI
That put a fear in the market that Trump was next on the list and the tax bill was dead and we were dropping hard
But then the senate announced that they believed they have enough votes to pass the tax bill which started bring the market back up to almost positive
In my mind doesn't matter who is going to president or not, it doesn't change anything for this company. tax cuts will be a great bonus though
exciting times we live in I guess :))))
Great close, with all thats going on in the headlines today, I'm glad we held support at 64 well above the 50 day and 100 day moving averages.
Also it put a nice consolidation candle on the chart
there is a nice cup formation on the 6 months chart, getting closer to that breakout point.
I also believe panic selling on days like this will thin out the 7ish area a bit more therefor less resistance going forward, IMHO
looking forward to Monday! Have a great weekend everyone
Researcher- you didn't say anything I didn't agree with but there is always next time :)))
anyone know the new count on how much is being shorted?
I'm Jewish and Hanukkah is next week!
If your posts being challenged bothers you so much that you lower yourself to personal attacks or you feel like you are in a battle, I would say see someone about that and see how they can help you! Its not healthy IMO
We are discussing the stock market and a stock/company and its potential, everyone will have opinions that why they are here.
Try to stick to the facts and not day dream on here and be honest with the board, no one here will judge you!
You said you have no position here any way which btw no one believes, why such an interest in belittling everyone who challenges you. You should try and build better self-steam and self control IMO
Its business nothing personal
HAHA I guess my last comment bothered you :)
Just stop making certain comments as facts when they are not and add that its just your own opinion and don't write something if you are not ready for it to be challenged!
pretty basic stuff man, grow up a little
We all know your position here
I hope many took advantage of that Market drop :)
Not true! but I'm sure that would help your short position a great deal if that happened :)
A few weeks ago you were trying to start a rumor that the numbers were 1 million (not realistic) and now they will never report!
Do you ever say anything with proof or meaning behind it?
Please stop this nonsense and if you give your opinion make sure you mention that, Its only your opinion and not a good one in mine!
We know someone has been shorting this stock heavily the past few days 8 million shares the last time we checked
So its very likely its him who is doing that
building higher lows, the pressure is building and he'll have to cover at much higher prices
The chart is showing a huge run from here, GLTA
GO GO GO POTN :)))))
Thank you all for your service and keeping us all safe and free!!!
May God protect and bless you and your families!!!
I'm a proud American but I have lived under totalitarian regime when I was little and I really understand and appreciate the how special this country is and how lucky I am to be here.
Thank you all again for your sacrifice
unfortunately this can still be done but its more common down here
It closed at 0.0658 there was a trade after the market closed.
I have seen that done everytime we are up big on the close.
They probably have short positions and need to cover. still a great day though
Yahoo finance also says 0.0658
great close, but there is a MM that always brings it down after close :/
Their game is not going to last much longer!!!!
Great day everyone, congrats to all the long holding strong
see you all tomorrow
Yes, but new buyers won't notice the chart unless it pops up on their scans and that takes at least 5% move
the chart has a stair step building up, looking great here all we need is more eyes
most traders who scan the night before, will look for 5% or higher move to put a stock on their watch list
If we close over 5% then new eyes will be on this tomorrow
I'm going to say .0702 close today
Chart is looking great!
that can't be it, it has to be MM involved they are buying and selling outside of bid and ask
MM have to be involved
If we can give a 5% gain or so, we will pop up on scanners, hence new buyers
There is one more large trade below the bid again 500k at .0641
there was a 47k earlier at .072 which is where spike on the chart is
any theories on what these are?
He is going to keep attacking the bid to create panic, He has to
8 M shorted is a huge amount for this stock, all we have to do is to get it above breakout point and it will take care of itself
I guess now we know who has been making those large dumps on news days :)
Yup, exactly right
And so many more good news in the way short term too!
lol, yes you did
another large block trade 500k
471k on the bid for .0631
ask is 41k at .064
whales are still picking up cheap shares today, great loading opportunity
I agree with your .25 target, the chart has been suggesting a very strong move going forward.
We are finally holding support above the 50 day and 100 moving average, that was the resistance for months.
This is buying zone specially on a red candle
GLTA
will we get an end of day push?
have you guys noticed these large block trades that have nothing to do with the bid and ask?
something is up, never seen a stock do this before, just don't know what, LOL!!!