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I doubt any of us would sell anywhere near 99.
It really makes me laugh the way the MM's try and make the price look weak. It trades at 86, and no one will reduce the offer from 99. It's hillarious!!!
Volume tells all. It has to continue.
There is definitely someone out there trying to purchase shares. You can tell by the action of the bid. Whoever it is, is trying to go unnoticed.
I personally hope we don't see any speculative spikes in the share price. It's been slow and steady without recognition. We want that to continue for awhile at steadily higher pricing.
Carb: 10Q looks like it isn't any worse than expected. What do you think?
Can't get much more quiet than it is now. Patient as ever. I'm taking my alma mater to go all the way, VU. Good luck to all.
Don't let NITE fool you. Most of the time when their first up on the ASK, they're not a real Seller, they're trying to draw in shares they can take them from the public. When they drop way down, that's when you really want to sell.
Slow accumulation. Perfect for long term stability. Shows the beginning of a viable entity with staying power. That's what we need, and hopefully that's what we'll get.
I would estimate a fair market value in the next couple of months to be around $12 million market value, somewhere between 2.5 to 3 cents. Just my quesstimate.
Tight as a drum. Gotta love it.
Patience is still the key word here. Let some time go by and give management the opportunity to get it right this time. Slowly continue to build your positions. It won't happen overnight. If you want to fold, you'll give away cheap shares.
I'm all proud of you. Nobody caved in and here comes the bid. What a laugher.
If we could get to 9, it might take off.
100% agreed. but remember, authorized is not issued.
Can you believe how hard the MM's in GLEC are trying to get people to give up there shares?? We just won't give in to them and it's driving them crazy. Keep up the good work everyone, in my opinion, you should never give up any of your position until there's real liquidity here, let's say average daily volume of around 50 - 75 million.
The real and probably only issue here is the potential for a massive short squeeze.
Carb: This gradual accumulation over the last month should indicate something reasonably good by year end. Do you agree? Thanks.
It's moving exactly the way we want it to. No attention is being brought to the share price. We want it a lot higher before that happens, but it must be slow and gradual, which is the accumulation you're seeing over the last month. Be patient. The longer it goes on, the higher it will go.
Thank you, no bucks.
Steady increase in volume in the last week. Slow and easy. What a dream.
It's very suspicious the way it's trading at the moment. I get the feeling accumulating is going on here, nobody really wants to sell, and if you see the spread widen like it is now at 7 to 9, and you see buys at 9, that's the dead giveaway, it's going to move higher.
Thanks, jimg
I have a question for anyone who may be an accountant. Am I correct or incorrect when I assume the following. My understanding is that authorized shares DOES NOT MEAN ISSUED SHARES. In other words, the shares are there to be issued, but currently ARE NOT.
What's up with a .012 offer all of a sudden. Anyone have level II??
Accumulation is occurring again. Slow and easy.
No worries. I've seen this many times right before a massive move higher. Notice the ASK??? If it was due to fundamentals, the offer would be 61.
Can't ask for anything better. TIGHT AS A DRUM.
Volume tells the story. Somebody knows something is coming.
Pre-Market Open Volume. When is the last time that ever happened???
Thanks, Carb.
Anyone have level II? Is NITE leading the charge at 85
Carb: Looks like the appraisal could be coming in the 1st quarter of 2014??
The 8-K was a tipoff. Hold on tight.
Someone is picking away at it. Slim Pickens, but at least it's pickens.
Looks like the last move down was a headfake.
Anyone have Level II that could give us an indication on the opening.
Grumps: I've been in for 5 years. We all tend to want things to happen overnight. I guess what I'm trying to say is that GLEC is still like a baby trying to get on its feet and take its first step. Glec has attempted to use certain avenues to accomplished that, but it hasn't really worked for them. They are now focused on other stradegies they hope will get them up and running as a viable company. That takes time. I'm not as concerned about the timing as much as I'm encouraged about the action of the shares on a weekly basis.
Patience. It's a long term investment. We don't need speculators jerking the price all over the place. The lack of tax selling at least up to this point is positive. The lack of volume continues to confirm a tight hold with current shareholders. I have a feeling Santa's Sleigh won't be overflowing until XMAS 2014. It may be worth the wait. Merry, Merry, to all.
We'll know in here shortly if we still have a pulse. 200,000 at .0065 is really cheap if there is a pulse.