Friday, June 20, 2008 7:40:42 AM
GLCC has all the incentives from there warrants to get this to .20-.35 in the next few weeks. They dont get anything if the stock stays below these levels.
I also believe we will make a very strong run soon to test the .125 level.
The Market Makers play on shareholders emotions and will whip this stock up and down bigtime to shake all the weak shares.
The consolidation is very good for Stocks as it resets the technicals and then allows for another even stronger move the next time.
GLCC should base out in the .035 - .06 range until the MMs can get enough weak shares out and then test the 10-.125 range.
The ones flipping will end up chasing all the way up as its impossible to predict bottoms and or tops.
Good luck to all and I think we close between .06 - .08 today on a reversal.
GLCC will be focusing on getting the float and O/S down much further to really put the squeeze on
When a company drops the O/S, A/S, and Float dramatically like GLCC has it sends a message to the market that this stock is a steal at these levels and that they have major confidence this is going back to where it should be.
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