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I believe that is only on stocks $1 or $2.00 on upward. I don't think it actually involves stocks under $1. Especially anything under one penny. I could be wrong but I thought when i read it, it involves higher priced securities.
That is kinda funny. You need to watch penny stocks constantly because they can move up or down very quickly. Unlike the big boards where you can buy a stock and forget about it till next quarter. So go ahead and leave your position unattended. You just might come back and see your balance at zero. Lol
Then I would feel it is safe to say that this stock will be trading around 0.0005-0.0008 by the end of the month. If no good news shortly to keep interest till the end of the month, then this will go back down to mid trips. Then you will see a HUGE SELL-OFF!!!
If Scottrade would lift the ban on buying, this stock would surely be trading around 0.0015. Roflmao
About 32 Million just dumped in last 8 minutes. Or for the positive people, 32 million buys just went through. Lol
This really looks like dilution to me. Huge dumps coming through, with no signs of stopping.
WOW, a huge dump of over 20 million shares.
WOW, I AM SHOCKED AT TODAY'S PERFORMANCE!!!
I really don't know what else to say about this company. I really believe i have seen it all now. Just when you think you have something figured out, you get slammed upside the head with even more "shock and awe". I really do feel for most of you guys who have bought into this stock.
And for the few that keep stating Mr. Shea is a stand up guy, might be starting to second guess that thought. I really am amazed on this kind of news and this stock is even on the day. The worse case scenerio I guess would be for it to finish in the red for the day. Lol
As far as people complaining about Scottrade not letting them buy. They just might have done you a huge favor for that. Only time will tell, but it is looking like they saved your ass on this one.
From what i see on L2 shows a lot of bid buyers. We all know that if you constantly try to buy on the bid it will usually take the price down. Rinse and repeat a thousand times today and it could finish the day at even. Lol. But honestly, with this kind of news and the price barely moving tells me one thing for sure. Buyers don't trust or have faith in this company. Otherwise it should be up over 200% so far. If investors feel shaky with a company, they let it be known with the PPS on news like this. Confidence is very low right now. And some investors feel that if they got screwed by a company once, that's it, they are done with that company. Remember, screw me over once, shame on you. Screw me over twice, shame on me. I believe that is what we are seeing here today.
Looks like the 13's are about to be hit soon.
No, I have not bought back in. I have decided not to buy back in, unless I see actual proof of what is going on. Maybe I am wrong, but it seems that many people are not reacting to new companies anymore about the MJ craze. Earlier this year, those stocks would sky rocket about any MJ news. Now it seems like everyone is noticing that more companies are playing that route and it is getting old already. Maybe more people want to start to see actual revenue figures to make a better decision to purchase a stock.
With GDSM also stating that the final 4 pieces have been submitted to the auditor to do his thing, I really doubt that the audit will say much in terms of generating much revenue. It seems like it could take 1-2 quarters until people start seeing the real numbers they want to see. Something that shows profitability. Not just hype and talk.
Wow, this board got quiet all of a sudden. Have you all noticed the good amount of sells lately? Does this make sense to any of you guys? I am just trying to point things out to you all that something is not right. I mean really, this stock is only up 2 ticks now with a quarter of a billion shares traded? This is completely ass backwards.
I agree with you. Two weeks ago there was speculation on this being a MJ company and it went to 0.0035. Today it was confirmed and with almost 200 million in volume it is only up 3 ticks from yesterday's close. Something is not right at all. Look back at all the other MJ plays. Once confirmed, they shot up to almost penny level or more upon confirmation. This stock is only up 3 ticks. Lol
I still don't know what it is...but something or somebody knows something. This stock should be up over 0.0050 by now. Very weird if you ask me. Good luck guys.
Something is not right here. Can't put my finger on it yet....but something looks fishy.
I am a little perplexed here watching L2. I am seeing a lot of selling going on. Very strange if I must say so.
Not at all. Just telling the way I see it. Check my past with GDSM. I said when I bought and when I sold. I believe this company has potential, but I want to see PROOF of that before I buy in again. It doesn't bother me if they come out with blockbuster news and I am not in. I WILL NOT CHASE!!! I am here to make money just like most of you guys, but I am honest about it. Unlike others. There are plenty on this board like you masher who will bash a stock just to get in and then you want it to go up. Not me, I tell it the way it is.
If this would go down to say 0.0005 and still no news, I STILL WOULD NOT BUY UNTIL I HAVE CONFORMATION OF WHAT IS GOING ON FIRST. I don't like to part with my money that easily. I am no millionaire, but I also do not play the lottery or go to casino's and throw money out the window either. I spend a lot of time earning my money and many call me MR. SCROOGE because of it. But I prefer it that way.
The one thing I do like about this company is that they have NEVER done a R/S before. That is HUGE in my book. It shows loyalty to shareholders. BUT, on the same token, times change. This new CEO seems to be an honest guy, but only time will tell. I find it hard to believe though that somebody who has been involved with the market and who has the experience that Mr. Shea has, that he can not come up with a decent PR draft. I actually find that shame full. That is like saying this is the best principal at this high school....but he can not read or write. Lol
Anyway, Like I said before, I need actual facts before I just jump back in. And when news comes out and I can get back in within a 5 tick jump...I will. If not I will move onto another stock. No big deal. You can't win them all, but you can improve your odds by not losing them all either.
That doji they were pointing out this past weekend has now confirmed this is in a bear market. A doji usually signifies indecision. Today confirmed the downward trend will continue. Not trying to scare you guys, but it does not look good here. If NO NEWS this week, GDSM will be at 0.0005 by Friday if not lower. Your money, your decision. But just be preparred to take a major hit on your account if your waiting on good news. Good luck guys.
I don't own this junk. Never have...never will. Just doing some investigating on some people. That's all. Just recording times, dates, etc. You know. REAL DD!!!
It only looks like another 1-3 tick flipper dream. Those that loaded at 10 are now selling at 12-13. That will dry up by end of day and close around 10-11.
Tomorrow another shake down and you all will say to load even more and flip at 8-11 and close at 8. The death spiral has commenced. Timing relies on the news. Because we all know that people sell on news. After the news, it will be trading around 0.0005-6 and finish the week out in the mid trip area.
Why are people suckers when most of us seen this stock break through support? That is a great way to tell the strength of a stock. It broke through 16 as support, then 13, then 12. So as many people noticed that, they sold off. I don't believe that is stupid or silly. Just facts. Everyone plays the support tag when a stock breaks through a certain area of resistance, but people are idiots for selling with it breaks back through those same areas of resistance. Lol
Keep pumping the last little bit of blood out of this dog. The life support system is about ready to be turned off.
Couple good buys here, but I believe it is all fake. It might go back to 12, but will finish around 9-10. Not worth risking anything here.
Looks like someone kept doubling down on flipping this stock. And now it seems it has bitten you in the ass. Isn't "KARMA a bitch?
That is a messed up day for that to happen. Lol. But hopefully word does not get around to much this weekend and all of us on this board can get rid of our shares before she hits rock bottom. I just think this whole R/S crap is for the birds. It you can't make your payments to people you owe money too, then file bankruptcy. If the normal joe files bankruptcy he gets one shot. Not 10 different chances to make it work like doing a reverse split. I just don't like it. Sorry for my little rant.
Does everybody agree that this can not take effect until at least April 1, 2014 according to this statement written below. This is from the schedule 14c to the SEC. I believe doing this before that date would open the company up for a lawsuit.
To the Holders of the Voting Stock:
The purpose of this Information Statement is to notify you that the holder of shares representing a majority of the voting power of GreenShift Corporation (the “Company”) has given its written consent to a resolution adopted by the Board of Directors of the Company to amend the articles of incorporation so as to effect a reverse split of the Company’s common stock in a ratio of 1-for-100. We anticipate that this Information Statement will be mailed on March __, 2014 to shareholders of record. On or after April __, 2014, the amendment of the articles of incorporation will be filed with the Delaware Secretary of State and will become effective.
So you are saying that for right now, up until April 1st at the earliest, my shares that I own are still the same? If I want to sell on next Friday for example, I still can with the 1 million shares that I own? Because the way it looks my 1 mill will turn into 10k. Can the stock go to no bid monday morning and stay like that until April or not? I have gone through a R/S before, but it was automatic and took place the next day. Just trying to understand this before I decide what to do. According to the 14c, it does state to take effect some time in April. I noticed no dates were wrote in the time frame. Thanks in advance for your help.
It makes perfect sense to have raised the share structure for the new acquisition, and since they are no longer following through with that,it is leaving me on the fence. Part of me thinks that to calm down investors concerns, it might be better for GDSM to recall the structure and put it back to where it was normally. But then the other side of me believes that by not reverting them back to normal, makes me believe that they will be used for the new MJ situation they are currently involved with. If for any reason this gets cancelled, then GDSM needs to decrease the shares back to the original area and let them be. Otherwise by them just holding them freely, it carries less confidence with investors.
So where did that big sell-off go to at the end of the day? Didn't someone come on this board and warned us of a major dump at the end of the day? He must of meant another stock. Lol. Nice way to end the week. Yes, another red day, but still held above the support levels. This now makes 4 weeks in a row that the stock has finished GREEN on the weekly charts. That shows massive strength for a stock. Not many penny stocks can say they have just held a month long, week after week gains.
Then explain the reason it has been up steadily over the past month, week after week. I guess it was a long pump then that last well over 30 days, right? Lol
Where is your buy area at? 0.0010? I am sure if you keep it up, you will be the first to purchase am I right? I know I am, other wise you would not be here trying to show everyone that you know it all.
Look at this chart on a "WEEKLY" basis. Not a daily basis. If GDSM closes at 13 today, it is holding it's line. Here is the below figures for the last weeks of closing.
Feb 14th-------closed at 0.0008
Feb 21st-------closed at 0.0009
Feb 28th-------closed at 0.0013
Mar 7th -------closed at 0.0013 or 14 possible.
So all in all, if this closes at 0.0014, the stock has risen constantly the last 4 weeks in a row. That signals strength to me. Does not look like a piece of shit in my book. You guys are just asking for your cake and want to eat it also......RIGHT NOW. If you can't see that this stock is showing that kind of strength, then maybe you should move on to another stock. Good luck finding something as strong as this.
In my opinion, if this was a pump and dump,it would of gone back to trip zero's. It has held steady in the 13-15 range the last 3 days. That does show support. Very good support. And like many others have said before, a good PR next week and this will bust through the 20 area with ease. Most of the people who jumped out are the ones looking for a quick buck. In the long time frame, say 6 months to a year, this stock will be nowhere near where it is now. Day traders are always looking for a quick flip and move to the next hoe to do their thing. This stock has shown great support in this level. Honestly I feel the value of this company right now is what the price is saying also. But if any big news comes out with a confirmed deal, then forget these prices cause they will be long gone by then.
Thanks Doc, that worked. Appreciate it man.
I refreshed Level 2 and now I can't even get on it now. Definately dropping Ihub Level 2 and will purchase from another company. Way to many problems with this crappy site.
Is anybody else having problems with Level 2 today on I hub?
And then dump them on the ask like you have been everyday? Some folks tend to forget others can read their past history. You are not a long. Quit acting like one. Nothing but a flipper, and we all know it.
Just flippers buying at 15-16 and selling at 17. When they see more buying pressure that wall moves up to 18
Then to me it seems that if GDSM is NOT diluting, then who is? Because someone surely is. Wonder if Mike would be willing to say if anybody has company shares that could of been used to dump them. This is a hell of a lot of dumping. Maybe he gave Gelpid a mass amount of shares to start paying off the debt they owe. That makes sense to me. Remember the increase in shares that went up to 6.5 Billion? Maybe he gave Gelpid a couple billion to hold them off for a little time. Just my opinion. But something looks fishy here.
HE SHOULD CARE, BECAUSE HE HAS YOUR MONEY NOW!!!! Roflmao
Maybe so yesterday, but today looks like a totally different story. I believe no one had shares to dump yesterday, but by the looks of it today, it seems like someone is unloading. Funny that his response clearly stated yesterday...but not today. You decide. But something doesn't look right here.
It is up 1 tick!!!! And he calls this stock on fire? Lol that is to damn funny. Here is my take. It seems to be at a stalemate. Lots of bid sitters. With the PR that came out yesterday, Mike scared a lot of share holders. Not enough people needed know to move this stock up quickly like you all want. So in my opinion the bid sitters will win and the price will keep slowly dropping. Before Friday I expect to be able to get my 12's filled right at support. If it falls through that support, she will go back to trip zeros for a while. It is too risky to buy this right now.
263 Million shares traded and it is only up 1 tick? Roflmao