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Check out these R/M into shells.
http://investorshub.advfn.com/Reverse-Mergers-7308/
why anyone would buy, with no DD to support it, unless they were in for a quick flip, earlier...is crazy!
I dunno how they expect to keep this PPS up??
fun to watch though!
Congrat$$$ to any and all profit makerz
Don t know but it was P&D today
http://www.pumpsanddumps.com/
MK
Bingo! they can be one of the best ways to make money in the market. low share structure / add private company and if the story is good especially if they're profitable than you have boomage! most likely they would do a forward split to make sure the stock is liquid and easily tradeable.
No it's not. Once the business ceases it becomes a public shell which means it can be an avenue for any private company to buy the into the shell and go public. If you want to learn about shells and how huge they can be check out this site. www.shellstockreview.com
so GEER is just a shell?
This a private co as of 2003
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=2512314
MK
GEER .09 nuts!
pump and dump! this is a pink sheets company. it just has a low outstanding share amount, but that doesn't make it worth investing in long term.
GEER 029 <> nice man !!!!
big CHINESE money koming in. GEER get redy fur it.
low float
big money
ekvals - AKTIVATION
tried to catch it but no luck :(
I'll be watching this one for dips
Same<> have a few
Patiently waiting for our huge day! So thin here. Could blow past .10 in the blink of an eye. 1.57M Float,10M A/S. Find me another with this s/s for this ridiculous price!
$GEER <> paperthinnnnnnnn
GEER Oh Man is it Thin !!!
keep the lid on mate, there are peeps like myself who is holding shares of this company average 0.015. Let us make some $$ before you come in here and interfere.
Thanks Imcat agreed .
LC, I took a position here today, looking forward to some news from GEER soon!
With it being like it is, there is no reason why everyone shouldn't be here buying these up. I am holding my shares. This will up up another 100+ percent tomorrow!!
GEER $$$$ has kicked into GEAR!!! and KICKIN SOME BOOTY!!!..... NICE MOVE HERE!!! called it yesterday!! http://investorshub.advfn.com/boards/board.aspx?board_id=24635
do u have any update here?,liking your DD-"PAI entered GEER(.015) at $1.00, valuing it at the time over $3M"
still thinking this has lots of upside potential while it's trading at only 38k cap.with 1.57m float
hdsstocks
Share
Sunday, June 19, 2011 12:46:37 AM
Re: DocDiggler post# 43
Post # of 255
GEER major DD: Price target $1: Abacus Asset Management and PAI entered GEER in 2005/2006 at a strike price of around 1.00, just look at the five year chart. 2) The reason they would do this is because they saw that this shell was going to have good net operating losses as an asset. The NOL's, as came out last April, are up to $6M. If $6M in NOL's were applied to revenue, you would recieve about $2M in income tax free making it at least a $2M asset.
PAI entered GEER at $1.00, valuing it at the time over $3M.
My estimate is that since we don't know when PAI will pull the trigger on a R/M here, a .30 target is respectable as this shell has assets within it. If a private company moves into this, yes the current shareholders will be diluted a bit, but PAI is going to be looking for a company worth a lot more than just $3M or so to get their money back.
The 5 year chart really shows a lot, the PPS was over 1.00 for a long time, even though this was still a shell in 2005 and 2006, the only reason is becaue we can see the volume, it was PAI and Abacus buying in....which of course, those filings have been made which is awesome.....so there is no denying it.
PAI put in about 750 grand into this shell. They have big plans.
I agree with you on that.
Yes, it's always that way.. Like YHOO is not on pennystocktweets and so on. Once you know where to look they become handier. The strange thing is that reuters and msn will have some pennies but not all. Also, in time if $GEER shoots up like a rocket and joins the NYSE or NASDAQ.. Boom, it's all covered and will even change in some of the links in reverse order.
$GEER again !!!!! ><< razorrrr thinn offerssssss$$$$
g-filer as well+ active website+ 1.5m float+trading 38k cap, why someone has put 750k into this company? i think this is just the start here.
careful...might be tough to exit if you gain any profits...this dropped like a rock and a bunch holding right now...glty
well I am sitting on bid at 0.1, peeps say this is a private company but I say there must be a reason for it to be trading at stock market..otherwise why be listed in stock market. That's why I am buying at bid
GEER ..is gearin` up here!
$GEER out of control hereeeeee
Bid building ~~ .03 X .035, now
This is a private company...commons maybe worthless.
$GEER 035 <> MM's have NO sharessss
$GEER asking 04 !!! 25k left
$GEER <> offers are thinnnnnnnnnnnnnnnnnnn hereeee
B/A upticked: 0.02 X 0.024 ~~
Market cap is insane!! You are correct, this could be one of the biggest moves in near recent history!!
38K CAP, UNREAL, can be a dollar stock imo
$GEER 02 goinggg
.02`s getting hit ~~ Bid upticked to .016, now
Bid/Ask pre-open: 0.015 X 0.02
http://www.otcmarkets.com/stock/GEER/quote
With only 1.57M floating, and 3.8M OS, this is gonna move so fast and hard. t-7 minutes!
TRADE SMART FOLKS!!!
The Gap at 0.01 will be filled by the MM's , so watch out for gap and trap!!! The gap in all chart always gets filled in penny stocks.
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