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GEER FINRA deleted symbol:
http://otce.finra.org/DLDeletions
hmmm, volume out of nowhere something could be up! if a shell is worth 500k and Geer has an outstanding of 3.88 million than the shares are worth .129 / share worth it at these levels...going to add more.
This one easy to manipulate with such low float, a group can get ahold of it and createsome momo but float is so small that it actually hurts liquidity making it difficult for any sizeable run. It will have its days again where she runs to .05, .06, .07 like last month. As for any plans with this shell, I cant fin any signs of that. Why this owner would let it sit is beyond me as it is a valuable (seemingly)shell. I say seemingly because not sure its clean a
Somebody who realizes they can drive it back down, and take gains? Just speculation. What do you think, Honestly?
I understand where you're coming from...been in this game for over 20 years. My point is this unless this shell becomes an actual business again. It will lay dormant just like it is. The share structure is very attractive and that's why I own it. My point is this it will be a waiting game and that's it. Will it move a little if others buy absolutely but the real money will come with an R/M.
Yeah MQ its much less risky to buy a stock with a billion AS, 400 million OS, a float of say 50 million today and 100 million a week later with a promo then all of a sudden the bottom drops out.
With GEER it is what it is and nothing more 1.57million float. No Company to pump out shares, no promo, no dilution. Just 1.57 million float.
1.47 million if you don't count the 100k I bought.
Take the catalyst story you are talking about does anyone really care about all those BS Promo stories. After all they are there for one reason DILUTION.
But with GEER you don't get any of that just 1.47 million Float and nothing more.
Doing DD on this stock what a joke all you need to know is 1.47 million float.
Buy a 100k and watch the price double or triple.
Awesome. Thanks for your research. Would be interesting to see how this plays out.
been trying to figure this one out. the way i understand it is "geerlings and wade, inc" the name and wine operations was sold to 1800flowers.com leaving an empty shell and a few questions. if you contact geerlings and wade via contact info on thier website they will say they have nothing to do with GEER yet, of course, when you punch in the ticker geer it comes up as geerlings and wade. If you check with sos, the name of this public shell was changed-just not with SEC. As near as i can tell, mr geerlings stills owns this shell. Cannot get a hold of mr geerlings, but am working on some other avenues
So if and only "if" the ownership has changed; shouldn't the stock ticker symbol be changed? Therefore it must still be owned by Geerlings & Wade, Inc.? Anybody have an answer? It would be
appreciated.
You can get people to buy shares of a shell that's dormant? I wish you luck on that. it needs a catalyst a story that says it's going to merge with a business and then it will move! LMAO until such time this is a buy and wait game even with the low share structure!
Hmmmmmm. I think, therefore I am. Got it.
Forget the owners focus on the float and play the stock by supply and demand by 100k shares see the price go up then get someone else to do the same. I bought a 100k now its your turn or you could be a DA and start calling and emailing the owners of the shell and next thing you know they decide to dilute the float. This is like having the keys to a high perfomance jet while the owners gone.
i
Do you know how to fly or do you have to ask for permission.
OK, OK, I give up. What's up with The "I" BOX under construction. I hope what replaces the wine tasting.com is credible.
If you can find out anything from the owners I would be interested in hearing. This is a hold and add on dips under .02 until we hear otherwise from the Shell owners.
thanks for reply, i don't buy shells.
PS: DTCC chill (ACGX) is a brake for sure, but i can see a ton of scam stocks without nothing in hands trading free from restritions despite multiple reverse split history and despite billions in O/S.
i prefer to invest in a honest company huge undervalued with strong earnings far from daytraders and scalpers...
i am going to try to get a hold of mr. geerling. Has anyone here talked to him?
this could be huge if a good ,profitable private company wants to go public with little to no cost to them. they could reverse merge into this shell and be trading tomorow. geerling sold business but kept public shell-prob has a plan for it. hopefully but who knows when.
If all of this as you say is correct; What do you anticipate will occur? What do you fill an empty shell with? Not trying to be funny. I knew this was a gamble coming in. I was totally suckered by the low shares and float. I believe it should be fun watching. I'm sure this can move fast and has to be closely watched.
It is now my understanding that all wine operations were sold alnong with the name leaving nothing but an empty shell. No liabilities. No assets. But prime for reverse merger. Next I will
I agree it is a little confusing. If Geerling and Wade sold selected assets to 1-800 flowers.com in 2009,
what is left as a company? What tangible assets have we invested in? Is it strictly internet sales or a vineyard in California?
vinification ventures-somebody needs to change this ibox as company above has nothing to do with this ticker.
So how does one play this stock.
You can't buy this and think it's going to the moon tomorrow. Since we have NO idea if this shell is currently in talks with a private company wanting to go public. The way to play it is to buy what you can say 50k to a 100k shares and wait for the day the event if ever takes place. It will require lots of patience for this one. The positives have been mentioned already low share structure,750k investment from Palo Alto investors. Once the right private company comes along and these guys think it will be a success. THIS WILL BE BIG! easy 50c to $1.00 but again it requires patience.
Yes on the shell Value.
the other company ACGX you are referring to has a DTC chill on it which means brokers like TDAmeritrade will not let you trade it. thus the price will be pressured down until they get that resolved.
The value is the 1.57 mil Float. Every single buy order pushes the price higher.
Buy up the float (if you can)
Increase in buying volume pps skyrockets
Simple supply and demand. very simple play
"A typical shell is worth between 500k and 750k"
so Geer is a shell?...are you sure?
PS: what about a real company with 12M revenues, 1,2M net income, no diluition, 8,5M O/S, trading only 150k $?
I am familiar with shells but this does not seem like a shell. They seem to be an operating business and from what I have heard a profitable one. Have they pulled the business from the public "shell"?
very interesting low floater...any buy can put this in orbit
my only doubt is caveat emptor...
PS: i like ACGX too, only 8,5M, with huge revenues (11M/year) 150k mat.cap.!!!!...trading 10 time less net income...insane!
... OTC current information.
Please read the board and it will be explained. There is no company it's only a shell. A typical shell is worth between 500k and 750k. what's attractive about this shell is it's share structure and in the time being trading way below it's 750k value. If you want to know how shells work. I suggest you go to www.shellstockreview and learn all about them.
Cheers.
How can I find out more about this comp? Ss is amazing if still the same. Why did this comp decide they no longer repoort anything? If they filed current this would to the moon. F
Every stock you buy you need to know what the play is on it. Here's the play on GEER as I see it.
AS 10mil
OS 3.3mil
Float 1.57 million
This stock has ONLY 1.57 million free trading shares. I bought 100k so that leaves 1.47 million free trading shares.
The play is to buy up the remainder of the Float or free trading shares.
As this happens the price will go up. If you were to buy a million shares of this at one time imagine how high the price might go. Look at the current LII you see
10k at .039
9k at .04
26k at .06
100kat .08
Now that 100k at .08 is mine and look I just changed it to .09
10k at .039
9k at .04
26k at .06
5k at .08
100kat.09
It should be easy enough to see that buying a 100k shares would make the price go up at least 50% right now. What if you put in an order to buy a million shares. Here's the play, accumulate as much of the float as possible in strong hands, verify the amount. Once that's done the price will be higher than where it is today. Anyone watching GWBU on Friday and saw the massive bid support of multi million dollar buy orders on the bid. Did they ever get filled in one big blk? If you have 1.5 million float and then buy 1 million of it that leaves .5 million free trading. If you wanted to buy .6 million shares there isn't that many available. So if you put out a buy for .6 million you would get partial fill then the ask moves up slightly.
But if you put out .6 million buy AON above the current bid the bid moves up. As long as the AON is bigger than the float the price is supported.
The best thing is this stock has no dilution, no promoters dumping shares just a measly 1.57 million shares available for the entire world.
Good post alaeloa. Thanks for posting it.
1-800-FLOWERS.COM : GeerWade on the Go!
Geerling and wade is a brand of 1-800-FLOWERS.COM. The Company acquired selected assets of Geerlings & Wade, Inc. in March 2009
The company sells wines made by others as well as wines from its own vineyard in Napa Valley, California. It offers discounts through its Passport Wine Club. 1-800-FLOWERS.COM bought selected assets of Geerlings & Wade for about $2.6 million in March 2009.
http://www.1800flowersinc.com/brands.asp
http://www.hoovers.com/company/Geerlings__Wade_Inc/cfsjyi-1-1njdap.html
http://multichannelmerchant.com/ecommerce/geerlings-wade-mobile-launch-0520/
http://www.4-traders.com/1-800-FLOWERS-COM-9319/news/1-800-FLOWERS-COM-GeerWade-on-the-Go-13378606/
"America’s leading direct retailer of fine wine and wine accessories with retail locations in 15 states, home and office delivery to 27 states, and a devoted following of thousands of regular customers and wine club members.
The burden placed on the Company, given its size, for maintaining its public status is considerable, from a financial and strategic standpoint. Considering the lack of analyst coverage and the very thinly traded nature of our stock, the Board of Directors believes that the Company and its shareholders are not receiving a meaningful benefit from being publicly traded. We believe that our shareholders are better served with the Company being private, which will allow management to focus all resources on implementing the Company’s business plan and thus position the Company to enhance long-term shareholder value. The Company intends to update its shareholders with financial information on an annual basis.”
"The Company’s obligation to file with the SEC certain reports and forms, including Forms 10-K, 10-Q and 8-K, will immediately be suspended. In addition, the common stock of Geerlings & Wade, Inc. will no longer be eligible for quotation on the Nasdaq SmallCap Market. The Company common stock will be quoted on the Pink Sheets common stock will be quoted on the Pink Sheets."
This is a company that is dedicated to selling wine and other products. When listed on the Nasdaq they were thinly traded and it wasn't worth the hassle to stay listed. The move to the Pink Sheets relieved them of the responsibility of having to report or file anything with the SEC. There are many good companies on the Pinks that are profitable with little or no debt and don't report anything because of the hassle and takes away from the daily focus of running the business.
Last time they did file they had a $15million profit, .48 cash per share, on $300k debt and book value of $1.13 per share.
1.5 million float 3 mil OS. No company promotion, No dilution A set number of shares TINY Number of shares. With a bit of experimenting today there is hardly any shares available at any given level 5000 took out .036, 7000 shares at .039, 50000 at .0399, 38000 at .04 that is 1/15 of the float. Interesting play A shell that is no more empty than GWBU, SNPK or any of the other POS that ran to $1 a share with 100's of millions of shares in the float and massive dilution. With the tiny float it could be a multibagger with just a little bit of volume.
Buy some then spread the word.
Hi Grey Man. Good to see you. I'm still in AT$%. I picked a little of GEER up Tuesday. On that day it cloased up 385% after touching 09 in the AM and was up at the time close to 1000%. Decent again yesterday with a gain of 15%. Today was slow all day til the last hour when volume picked up into the close and we closed flat for the day. I think the current pps is decent. I'm not saying this is a long term hold but definitely with 1.5 million shares in the Float it certainly could run huge on very little volume. Check it out tomorrow and see what you think. Might be worth throwing a little at it and see what happens.
Hey Gary! I remember you from ATRN. You think this is a good price to buy GEER at? Haven't bought any yet.
Based on Recent Stock activity only!
needs to break .045
www.barchart.com/quotes/stocks/GEER
Decent trading today after a gain yesterday of 385%. A few sells in the early AM today but not all that many considering the gains of yesterday. I think people know what could happen here with a stock with only 1.5 million shares in the Float. Insanely low #.
looks like someone is trying to buy all shares
IF this shell is really in the midst of an R/M and they anounce it. I wouldn't be surprised if it sees 50 cents add to that a forward split as you will need liquidity and you've got a moon shot.
30% of float on the bid unreal!
Agreed MQ. I bought in this afternoon and am holding!
It all depends what company merges into it and who's orchestrating the merger etc... two things that are encouraging this shell has a very low O/S and it seems to be in competitive hands as far as palo alto investors owning almost 20% of the Outstanding shares equalling 738k assuming this is still the case. Don't you think they're going to seek a merger candidate that makes sense and make them money. You will need patience for these plays. I don't know if they're close to doing a deal but todays' volume out of the blue suggests something may be in the works.
Excellent Link MQ. Could we see the same scenario play out here? This certainly has an incredibly low SS!
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