is...playing golf most afternoons, except summer in Florida!! Then I'm in the gym most days!
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Pretty sure he has been advised not to communicate unless its material. Patience is a virtue.
He is not buying on the ask....hence why PPS is down!
Where? I don't see anything filed since the 15th?
Many reasons and they are all for their benefit. The biggest reason (because of such a large B/A spread) imo is to kill momentum or possible momentum (especially in a low V Name). Once someone buys the bid, the spread many times will change to a lower B/A, sapping any MO!!! Long's day will come!!! Hoping for a nice R increase in the Q we will see in the next few days!!!
50 tick spread...all buys...down over 20%...low V.....no way people can flip this Name with these spreads...just MM's enticing bid-sitters!!
Part of the story of course, created by MM's wash trading amongst themselves to entice selling and bid whacking. Retail is happy to oblige. Noone in their right mind sells at these levels IMO!!
So volume is 4+ times the 10-day average and the spread is still over 40-ticks. A $19 trade took us from down 15% to up 14%. Silly land that we play in, and it's not in our favor until something material happens!!! I believe it will, patience will win here...usually does.
$GDVM$
You have a point to a certain degree. In this case the Revenue fell off a cliff the last 2 Q's, shareholders deserve clarity there. I've always been a supporter of Melvin keeping communication to a minimum and let Q's and actions do the talking. Clearly the Q's suck regarding Revenue and Melvin is on vacation for the shareholders? We need something to sink our teeth into. His lack of communication has gotten out of hand imo. Let's see what happens with the Q report due today.
Please let the bid-sitters have it today!!! Bid-sitters win the day most of the time with a 30-50 tick spread!! Our day will come imo!!! Let's get the Q out Melvin!!
Life is short!!! Thanks for the reminder!!!
My guess is yes, but not that many! I've been talking to him on twitter, will update once I have clarity! Just to be clear though, I've seen nothing that will affect the long term PPS of this Name. Also will try to set up a meeting and a tour of FL lab. Please don't send me Q's to ask, been doing this a long time, don't do near as well as I'd like to on OTC, but I've been retired for 15 years (I'm 64 now), so I do ok. I will be buying dips as far south as this goes. GLTA!!!
$BLEG$
Nice bullish paint job by the MM's to finish the day. They had a nice spread to work with and gave the ask slap a nice bullish fill! We still need V, and a little clarity on R, and this stock could take off. Revenue explanation Melvin please.
Love the transparency of the CEO! Great for long term success in the OTC. From a technical perspective, this Ticker has Bullish Divergence on several oscillators setting up. With a well-timed PR, this will skyrocket IMO. GLTA!
$BLEG$
Really wish these bid sitters/buyers would stop!!! In a Name that has little V, a bid buy will kill the PPS day after day after day. MM's entice you into it, and you bite!!! Congrats!!! You sunk the PPS 12+% today!!! Noone is selling at these levels imo!!!
$GDVM$
What? "Trying to save money on an attorney letter"? That's hilarious...to me anyway!! The amount of money involved for that is nothing. I'm in the camp that Melvin is at work every day trying to build a business into something special. His timeline is not those that watch the Ticker hour by hour, day by day, nor is mine. I'm happy to wait till Cisco Gold happens, I'm willing to wait until R is increasing Q by Q, I'm willing to wait until partnerships/acquisitions happen. I would like some clarity on the R decline, or we wait till the Q. Lots of things in the works IMO, so I'll patiently wait. GLTA.
$GDVM$
Good luck to you!! RSI needs a reset along with several other technicals! To whine about the PPS going down on a low V day is ridiculous. MM's controlled the day, and that's what they do when V falls and techs are on or near a cliff!!! GLTA
This Name is fine, and will rise in due time!!! Fundamentally a rock solid stock with anticipated R in the hundreds of thousands per day with a very good cost structure!
$BLEG$
Yes, no need to even respond to the whiners. OTC Markets are ridiculously slow. Most of us know that. Yield or whatever signal OTC Markets has up makes no difference to me. I look at Filings, and there is zero dilution, and massive share reduction, and profit. Revenue decline needs to be addressed asap imo, but this is a great OTC stock to own!!! GLTA!!!
$GDVM$
Tracking V and RSI, anyone could see a falloff. Is it off a cliff, I doubt it, but once V declines with a high RSI, then start adding on dips if you believe in Fundamentals...which I do! GLTA!
$BLEG$
Long term buy-add dips-hold for me! Added some more today. GLTA! Nothing not to like with the products, CEO, and share structure. I'll be here awhile!!
$BLEG$
Why would you or anyone for that matter listen to anyone regarding a stock pick, without any DD. There is plenty to digest out there (internet, google maybe, X perhaps) for those interested in buying. this Name. Melvin has an impeccable Character, and even though R is down considerable the last 2 Q's I haven't sold a share, nor will I in the foreseeable future. I trade big board daily and GDVM is my largest Investment. GLTA!
With this amended annual, Melvin needs to get on the phone/get in touch with OTC Markets, and they will handle it immediately. I've seen it happen in the last 24 hours in another OTC Name I am in. This is not difficult to handle, and can be taken care of quickly. Melvin, let's do it, give shareholders a positive!!!
Yep!!! They are the only ones that short in OTC.
I implore anyone trying to short an OTC stock to try it!!! Brokers won’t allow it and charge a steep price for Anyone having the balls to try it!!! It simply doesn’t happen! What does happen is someone selling on the bid plays right into MM’s hands. And then stop losses are hit, and more sells on the bid. This means nothing to the longs here, except a good buying opportunity. I’m waiting a little lower to buy, haven’t sold a share. GLTA!!!
MM's fishing for bid-sitters, and it seems they always find some kind soul who feels sorry for the MM's and their Gazillions!!! There is no one selling at these levels IMO! We need a catalyst (obviously), which will bring Volume and momentum!!
Noone is selling this Name. It's just a matter of time before an explosion to the upside!!!
I know exactly what the shell risk removal means. It was insignificant to me. I look at three things when buying an OTC Name, Revenue/Potential Revenue, CEO integrity, and Share structure. Each one lined up for me. If you look at shell risk, then that's fine. What I saw when the shell risk was there is that Melvin had taken care of it, so it was a matter of time before it was removed, it was insignificant to me. It was on OTC Markets! Each one that buys a stock on OTC has their own set of buy rules. GLTY! Don't call me a dumbass again, and we're fine!!
Been here awhile, adding at spots, and this is one that will explode one day soon. It's nice to have the IR here keeping it real. This is the type of Name you buy and hold for as long as it takes. It looks as if our day is coming soon!!! GLTA!!!
First off, people that call other's names in an anonymous forum are cowards imo. Secondly, I said it was my opinion, and this is an opinion board last I checked. The reason it was not a big deal to me was because it was out of Melvin's control, once he did what was necessary to remove "Shell Risk" on OTC Markets. But since you said I was a dumbass, maybe if I had it to do all over again I should have listened to your words of wisdom and not retired in my mid 40's and not play golf 4-5 days a week, and not live on the water with a boat in its own dock at my disposal in my backyard, and instead call people names on an anonymous public opinion forum to make myself feel important. Nah, I'll be a dumbass to you, and keep on doing what I enjoy and put your words of wisdom on ignore. I suggest you do the same.
Shell risk was never a big deal IMO. Just gave Whiners an excuse to Whine! This was OTC, not on Melvin. My guess is there will be other events that happen sooner than later…Material? Maybe, we shall see!!!
Might want to sell and move on then!!! I'm doing fine here!
I'm a fairly silent shareholder, and I think the CEO is doing fine. When there is material events they will be shared with us, the shareholders. From what I gather material events are only a matter of time. Patience is a virtue!! GLTA!
$SONX$
Time has come for Melvin to speak. Collapse of R not only suggests it, but demands it!
I own a modest number of shares here, and it never ceases to amaze me how many savior's of our money there are here. It all seems like a personal vendetta against one certain member!!! Sad for IHUB that these guys come out of the shadows to try and discredit everything anyone say's on any board the "member" posts on!!! They obviously have no life! GLTA here!!! I'm in the plus, as most here posting are. How much has this gone up in the last 5-6 months?
Agreed, collapse is more relevant to the R situation! We can all speculate the reasons. Clarity/color is needed from Melvin. Hopefully soon!
$GDVM$
Thats annual. With declining R no multiple is viable IMO. I'm sure it will pick up, just need some clarity. GLTA!
$GDVM$
All the stock valuation models I use come down to a multiplier. I understand industry standards, but I don't feel comfortable at this point in using a multiplier with declining revenues. Let's see what happens with the first Q! Hoping its similar to 2023 Q1!
Disappointing 4th Q and year as well after the first two Q's!! We need some clarity in the sharp drop in R. Still a profitable firm, but good grief, this was not expected by me. Looks like I will get my wish of cheaper shares. Not really interested in buying more at this point until we hear from Melvin on the sharp decline in R.
Why are you even long on this Name!!?? Sell and move along and get out of OTC!!!
ok. nothing yet, so going out fishing!!! GLTA
Sure, it could be. But what is the history with filings? We'll be fine. He'll file tonight!!