GelStat Corporation (GSAC)

[HoldEm777]

No operations is no operations anyway it’s spun

[SittingPretty]

I totally get it when the call of 'scam' hits. OTC has been noted historically as a low-end arena of the markets. Heck, a shell can be bought for cheap and a business can be created in digital form to fraud the masses. That's a fact and it happens... The whole financial system was built on fraud, realistically. But there's those who actually like doing stuff and then they see the value in what they do and they market it. Sometimes ya just have to take a chance. Sometimes ya win, sometimes ya lose. Discernment is key.

[SittingPretty]

Thanks. It's important to know how the OTC works nowadays, with change of operations.

[HoldEm777]

Spin it how you like. It’s a scam

[SittingPretty]

Awesome, should have just said the facts about the badge.
The shell badge reaffirms the change in operations which is part of the process for the new engineering operations to be disclosed as the new revenue business via the purchased package from $DUOT.

[HoldEm777]

. I’m not “obsessing” over chit. A shell badge was added before a deal was closed. Add that up

[SittingPretty]

I'm good here and have a smart position. I'm not into talking about individual fears.
You take care of yourself... nothing is worth obsessing over.

[HoldEm777]

Smelling more like a scam by the day….she’ll badge added.

[HoldEm777]

Ha ha…. Geezzzz.

https://twitter.com/otcupdates/status/1666367039806513152?s=46&t=ieje0Nx2mSj5wfNMAUTmyg

[HoldEm777]

50/50 I guess. I don’t know where they are

[Stock_Gambit]

What makes you think they are gone?

[Stock_Gambit]

Haha ok Miss.

[jonestint]

There won't be news or that PPS again.

[HoldEm777]

Yep… the top buyers… a pump won’t be possible with out them. AKA: exit liquidity.

[SittingPretty]

$GSAC Great point!

[Stock_Gambit]

A couple days ago we had buying in the 12’s. When news hits, it will spike.

[SittingPretty]

It's wild how large a spread can be in these trips. Today's volume and turn around was perfect!
I trade through Etrade and use Think or Swim for some charting info. According to TOS's volume profile display, most $GSAC buys have happened in the 7 & 8s range.

[Stock_Gambit]

I’ve been in. Just .0008 is my avg.

[HoldEm777]

Good luck. Every sell is a buy for someone indeed.

[Solarman]

WOW $GSAC has a lot of applications. $MMMW might be a potential customer.

[SittingPretty]

lol Yeah, I get ya. Sounds like an explanation of how the algos are viewed from the human side.
All in all, the company is aware their stock volume has increased. Hopefully that is a sign to communicate when they have their ducks in a row.
I'm sticking with this one for the long haul. It has huge potential for my risk reward.

[HoldEm777]

I understand what your saying. But let’s make it simple for newbies to understand.
Collect cheap shares then burn what it takes to increase the value of the block collected as long as the cost to push it up does not exceed the percentage of profit. Once pushed back up and propped then pump like hell as they are sold. Then Rinse and Repeat.
Nothing has changed since yesterday from the company. Yet once T5’s got filled the pump switch is turned back on.
Curious to see if it can break above the downward trendline . This thing moves like it’s a bloated pig. LEA*S gave a good move. Seems as much as this was hyped it could do the same… but it won’t happen.

[LowFloatLopes]

Beauty close here

[SittingPretty]

For real! Anticipating an update here Glad you're in!

[Stock_Gambit]

Nice close!

[SittingPretty]

Many don't know how technical indicators work... the intraday 'sell' was good, it brought up the bottom bollie for the PSAR to flip... There have been many trades in the recent days as large as that 10M intraday one today, buys and sells alike... Yesterday's 'buy' T trade of 20Mish was notable. They, the company's transfer/identification system as referenced in their filing, seem to be working in unison to fix whatever internal weakness was found.

[Stock_Gambit]

Once that update hits, it’s gonna look so nice!

[SittingPretty]

An intraday 6 digit trade just happened for 10M. imo they're clearing up the aforementioned 'material weakness in internal control' from their filing. I'm not worried here. Looks like things are being handled accordingly. Just hoping this is the bottom level, that is.
I have room to add this level tomorrow but we need many buyers... The company needs to pick up the pace but wth they never did say anything about updating for those of us who bought recently lol
I presume you're in this too, hopefully at a good avg while we wait.

[jonestint]

What happened to this hype train?

[SittingPretty]

Here is a DD thread for a quick reference.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171993606

[SittingPretty]

Ain't that the truth! I have to thank you for your positivity It's a much needed necessity. Glad to hear from you this morning. Have a great day CJ2.
BTW, you had posted the perfect DD thread from twitter. I believe I can find it again, so I'm going to post it and then sticky it. Yours was removed... I believe someone was a mod and has since left.

[Carjockey2]

Nothing has changed except a needed update from the company..

You'll always find shareholders with zero patience that just run from one stock to another..

$GSAC

[SittingPretty]

Ya, it's annoying how OTC plays are moreover pushed down... very annoying.
As I read in GSAC's last SEC filing, there was some 'weakness' found in their audit and they wanted to address it. Perhaps that's why we haven't heard anything yet but I don't know for sure. If it were me, I'd want any obscurity fixed before hand, but that's me.
I don't see this one as a scam but there's definitely scammy people that trade and that part we can't avoid... ugh!

[HoldEm777]

I can agree with that. An update is overdue. The 30min is looking to fully reset under the 200 so it could go lower than even I expected. T5 for sure and Mid T4s look possible tbh with no updates and continued selling. The pattern is they get pushed low enough to have a 80% flip at the trendline it seems and it could hit that mark today.

[SittingPretty]

Good morning $GSAC!
I've seen several intraday trades of large size over the last several days (10-12M)... both buys and sells. The accumulation on the daily chart is tight... The T trade last night was the biggest seen so far.
Also, the actual management are well connected with DUOT and affiliates. The CFO is the same guy for both companies if I recall...
In their last filing, there is a mention of something that needed addressed via their auditor. Perhaps that may be part as well..
Anyhow, not sure how the company updates but it certainly would be nice to hear about the engineering dept's achievements.

[jonestint]

This closed down 25%.

[jonestint]

Yeah...what happened?

Quote:

"Hummmm

What happened?????"

[jonestint]

This is now half of that. Gee, what happened? Not enough hot air in the combustion chamber?

Quote:

".0012's going

The conductor is moving this train right up"

[jonestint]

This quote was when this ticker was at .0009. I said this was a hype train...and it crashed.

Quote:

"Up 22%

Rocket not a train crash.."

[HoldEm777]

$GSAC deal closed yet? It’s pattern is the let down play… state there will be news and don’t deliver. Sell the front loaded pump on anticipation off news and when it doesn’t come then the retail connected hedge goes short. 6 digit trades and unexplained downward pressure. What brokers in the US trade in 6 digits?
What about that T-trade today? starting to cover?
I guess it’s time to turn on the spin cycle again and have “New DD” emerge..lmfao.
I’m not saying GSAC won’t move back up. I am saying it’s a SCAM… but plenty of money is made on complete scams in the OTC.


Same pattern different stock….$GSAC

[m0n]

Weeeeee 0006s closer to that 52wk low LoL

LoL

LoL

What a joke!!!!!

[olivertheflamme]

19 M buy is a huuggge buy !!

[HoldEm777]

Thanks… I have viewed the trades. I probably should have worded my question differently sorry. What is your opinion of the T-trade?

[SittingPretty]

Here ya go: https://ih.advfn.com/stock-market/USOTC/gelstat-pk-GSAC/trades

[HoldEm777]

How do you view that T-trade?

[SittingPretty]

Whoa, what an EOD T trade!

[HoldEm777]

T6’s and 6 digit trades. But we saw this coming.

[SittingPretty]

The absorbed shares are clear, on the daily chart's accumulation indicator.

[olivertheflamme]

News this week??

[SittingPretty]

Good morning!
Really happy for those who see the value here in $GSAC!
You are appreciated for all you do, on this forum CJ Thank you
Have a great trading week while anticipating the $GSAC updates!