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I am watching closely.
There was some good money made last year around this time and I am hoping this is the Nov run we are hoping for.
I am a little shocked that DRY$ has not run with the big boys. Not sure if they still have some dilution going on.
TOPS
Halted. What is going on?!?!?!
I noticed they did the rs 7/1 and then it went down 30%. Now up 31%!
News?!
I tried to by some in the mid .30's AH but Scottrade would not let me. :| It just seemed to cheap and there would be some bounce at least.
Exactly.
This was just a press release saying they will have to vote for more R/S. This stock dropped like it was an R/S coming monday.
Was this a way for someone to get cheaper shares!??!?!
Are they still diluting? I see someone with 43K selling right now, curious to see how low it goes and if it will bounce!
I currently am not in at all. Watching them all.
It appears all the shippers have done R/S here recently, got low float, maybe preparing for a Nov run again? Would be fun to watch!
Why only a 1 for 2 RS?
I thought they needed to get above $1 and that will not do it. Unless they have something else up their sleeve. Because IF this is the only RS they can have in 2017 there are 2.5 more months of trading until 2018.
I agree.
My mention was with the $900 was just what it would have been if the RS happened at the time of my posting. It appears it was $690 this morning (but did not even open close to that.)
If someone was lucky to short they made a killing!
And when the reverse split hit in premarket it started at $690!
That is a huge lose for one day to say the least.
But I wonder if they are going to set a short trap with how few shares are available. You have to remember this is George and he wants to screw everyone!
HHHUUUUUGGGGEEEE! HAHA
I am curious to see what this goes to today.
There are only 9000 shares and it has almost traded that amount already. Crazy stock for sure.
Actually it appears 9000 shares after the RS.
This is very interesting and I am wondering what he is doing.
If they RS right now each share would be worth about $900! If I was setup to short I would have to do so on that stock. HAHA
How can so many shares trade when there are not that many out there?
When is the launch?
His answer is I dont care!
As he loads up all the cash he has made on this and other companies. :|
How much more dilution is left? Or is it all done?
They are at 4 Mil shares outstanding. You know that GE is going to find a way to screw everyone. He has screwed the longs....I am sure one day he will screw the shorts.
GLTA
Crazy!
I knew shippers in Greece did these sort of things but not the Canadians. 15% drop already!
He did not actually.
I have been watching this board for a while and there is not much activity on it. Was waiting on solid news and movement before I got into it. I think he took a small position somewhere in the .60 range back in April.
It sounds like cool technology but I would like to see it in action. The video they show just does not show enough.
Did you look at all the news on the website.
I have not been paying attention to their website but man that is some good stuff! My father told me about this stock a couple months ago and it sounded pretty good. It should be picked up by any place that wants security if it works the way they say.
I would like to see it fully in action somewhere public.
Is there a reason for this going up?
Curious to see what happens after hours if there is any news.
GLTA
And again today.....
I can not find any news out at all. Could it be something coming out? It seems like someone knows something.....
Not trading like last time!
This thing should be a lot higher with the volume that it has. Not sure what is going on. Watching....
Halted!
Man I missed getting some mid $3!!!! DANG!
This may play like it did a while back. If so easy money.
Sorry for those who lost money......
But you were all warned that this could/would happen. I posted on it a while back. (I don't feel like looking for the post.) Now it is time to take your money out and wait.
Here is how it played out last time....
R/S
Dilution which brought the stock down
They announced it was over and stock went up $2+
Then they did it all over again.
Hope it plays the same way this time! GLTA!
Waiting for bottom on this one. I know it likes to run with DRY$ but that one is going to be a bit before it pops again. I think they are R/S that one first and then move after.
Not sure how low this one will go but when it does pop it should get CRAZY!!!!!
That is what they always say.
24 month period and then they go a lot quicker.
I am guessing this one will go the rest of the month, then when they can vote for another R/S they will do it (because they can't let the stock stay under $1 for long.)
GLTA
That is nice cash on hand!
Just from cash this should be $2 a share not counting ships they have.
I think once shareholders feel they can trust GE this will start to move up...quickly!
It appears it is new on ihub.
Showed up on scottrade yesterday morning. :/
Thank you for the info.
So we got recycled news this afternoon. Great!!!
My own dd has not turned up this news.
I have been following this stock for some time and can not recall this pr.
So unless someone has a link I never saw.......
Please enlighten me.....
I have not seen a pr for this.
Asking that myself. ;)
I figured with the news this thing would run for a bit. Now I am a little worried.
Oh well we will see.
Why is it bad??? Sounds silly.
4 new ships, shows $45xmil cash! Sounds good to me.
Not sure.
I thought it would run but it is late in the afternoon so nobody was probably watching this. What I hope for is a early morning run and and little squeeze after that.
Holding for now.
Back in also @ 1.60
Currently watching....
Ah did well it appears. It seems like this is headed in the right direction.
If someone picks this up or buys it out it could go crazy.
Not sure if the shorts have started to cover but I would if I was them!
Who is pumping? I could not find anyone.
Kind of odd it was going up with no news today. I see the news about them sending the product out. Wondering if this could lead to something good.
Someone ran this up this morning.....
I did not see any news but noticed it was up 30% at one time.
Now seems to be going back down. Did get halted once as it showed on scottrade.
Watching as it can go quickly!
If your account allows it.
My dad had a investment account and just had to sign something for it to be allowed.
My scottrade account I have always been allowed.
Playing diff then last time.
I was expecting them to dump their last shares today but that did not happen.
I know last time after the rs they ran it down to under a dollar and then as soon as it started to rise the or came out that they were done. I am guessing it will come out tomorrow.
It ran last time and I am sure it will do it again!
Am I late?
Is it too late to make this party? And pullbacks needed or is this train just going to keep running?
Curious to what the outstanding shares is currently.
Thanks
I tried a while back.
But that was when it was $3-4 and scottrade would not let me. Currently I would not because it can pop so quick and you are not going to make much at these levels. The risk vs reward is not there.
Still watching and waiting to play when the time is right.