Some thoughts on $GEQU
I am relatively new to ihub, but I have been in the game a long time and I have developed an acumen for research. I have stood by, done my DD and clicked on every link on this thread. All that being said, I truly believe that $GEQU is a legit growth and value play. I say that for a few reasons.
1) There are no overt pumps to this stock on here or twitter that you see with a lot of other OTC plays. There are a few solid longs here and people remarking about the chart setup, but that's about it.
2) The management of $GEQU has been very transparent in their filings, they have paid to show their level 2 on otcmarkets.com and they appear to be credible via public resources such as LinkedIn.
3) All of us playing in the OTC have invested in bunk companies, including $GEQU. These bad apples appear to have given Peter Smith a bad name. I DO NOT think that he, nor the rest of the management team at $GEQU did this on purpose or with malicious intent. It would KILL their business.
4) I do not think that $GEQU could make the revenue they are making, nor be featured on websites like redchip.com if they were a scam.
5) Why on earth would Peter Smith and the management of $GEQU try to pump and dump this stock? They are increasing YOY revenue, signing deals and trying to grow their business. If they were to pump and dump they would DESTROY their credibility, lose all of their revenue streams and tie the company up with multiple law suits.
6) Management has said repeatedly that they want to up-list to a senior exchange. I personally believe that they have the foresight and financial wherewithal to do so.
I am personally loading at this point. I understand that many bought into this months ago and have seen their brokerage accounts dwindle. I know how hard it is. I have been there. However, I think that those currently at a deficit may want to hold on, if not average down at this point. The chart pattern combined with a catalyst alone could get this stock back to its previous resistance levels around $0.02 (a 4x gain from where it sits currently).
I am not giving any advice here, just relaying my honest thoughts. I have acquired a significant position and am long on this. Hopefully, it will pay off and I will not be eating these words in the future.
Short, long, whatever I wish you all the best of luck. We are all here to make money and hopefully we can accomplish that.
Have a great weekend and good luck!
