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Why would they acquire shares? They're businessmen.
Just like most of us on this board we aren't exclusively in the business of investing in stocks.
Not sure if that's just the cynic in me or if I thought of that out of desperation lol
I wouldn't be surprised if those shrewd businessman in Bahrain were quietly accumulating shares whilst stalling to close the deal
Be greedy when others are fearful...
Everything hinges on Bahrain closure by end of this week for Parsi to maintain any street credibility and for an offering to make any sense whatsoever
I keep gawking at this thick ask.
Lol
Couldn't agree more. I have funds set aside for the unlikely event of anything sub penny but agree that the subsequent run on any news would be great.
At what point did you close your position or are you just hoping to buy in the trips?
No way GIGL is heading to trips.
St. George doesn't have that much left to sell.
Current prices are very close to fair value w/o any expansion.
Exactly what I thought as well.
"...Notwithstanding any other issues, we currently anticipate the LOI closing in late September."
That's the line that got me to buy another 100k on that date...
555k at $0.038 average myself. I do think current valuation should be around $0.05 and easily be past $0.10 with any developments on growth
Patience will really be required as it's does not seem to me like it's done going down.
If I didn't sell at $0.26 I'm certainly not selling at $0.026
Waiting for Kaufman or Gay or Steinberg to do their thing and for Joey to stop doing his.
$GIGL
Seller changing routing methods from NITE to ETRF and adding to their pile
on the ask.
Looks like manipulation or loading wall to me.
Where's the filings for all that?!
I don't think that's what happened...
She had no motivation to lie. She likely was told everything was likely / in place for just that to happen. Anyway, expansion WILL HAPPEN next year.
How about yesterday?
A franchise location in Bahrain?
Parsi has 26 million reasons to never ever resort to toxic funding ever again and also to pursue a share buy back eventually.
Mormon' sir. Tick tick goes the GIGL clock until we get $5milly and expansion starts...
No t trades yet
No t trades yet
St. George and yourself don't have that in common.
Do you know what a T trade is?
Should be trading $0.10 w/o question.
$5,000,000.00 on its way for expansion.
Thanks for sharing.
I emailed him something similar. Hoping to hear back this week.
Will post the response as well.
http://stocknewsunion.com/giggles-n-hugs-inc-otcmktsgigl-lower-on-increased-selling-pressure/7608/
Realistic synopsis clearly stating support at $0.02
Selling has been relentless but the bottom is near and I do think we won't have to go through this again next year.
Same here.
Little bit of group therapy here but also keeping things realistic. This was less of a "trade" for me and I considered it more of an "investment" After the pull back from .26 to .20 there was a drop to .15 where I averaged up and bought more.
GIGL tagged .21 after that and then back down to the mid teens. The chart started showing lower highs and lower lows (downtrend) but I did not even consider to sell because I was waiting on the franchising news as opposed to the somewhat surprising Tia Mowry announcement.
In my opinion the momentum shifted here when the dispute with SGI was announced. I think it was / is in SGI's interest at the time to drop the price. (lets not start a long convo about this its a known fact how easy it is to move a ticker with low volume combined with the number of investors who bought high on the announcements and were sure to be spooked with retracement)
Regardless I am holding EVERY SINGLE SHARE still. Not proud of it in the least as my avg was .03 and last week I added at .05 as I was happy with the announcement regarding the Bahrain finalization by end of this month. So now my avg is just under .04 on 555k shares and Im quite in the red at this current point.
However, the current prices are artificially depressed because of the selling from SGI. Any of the longs who are still here won't be selling at any price.
If you believe in the concept and the inevitable expansion the company will be able to do with $5,000,000.00 then its starting to look like a great investment at current levels.
At some point soon, SGI will be out and VNDM will be gone, Bahrain will finalize, the rights offering will be fully subscribed, the company will have capital to expand to new locations.
GIGL is most definitely on watch lists and radar screens and those who haven't sold at this point aren't going to.
Anyone emailed Joey lately?
Looks like VNDM is moving around
G'morning!
So will the rights offering be fully subscribed?
I think this management could do a lot with $5,000,000.00
Just got back from 8 days in Bermuda and every single lady visiting was pregnant. Likely because a lot of people who want a Caribbean vacation we're trying to avoid areas affected by Zica.
Regardless, there will be / seems to be a huge demand for nutritional baby foods and food children in general.
They should be able to get the ball rolling with several new store openings.
VERY easy for them to push a low volume stock higher. About as easy as pushing it lower.
They have 8 mil "free trading" shares.
They can paint it up at the end and beginning of each day and especially on days where there's news.
Don't worry about it going back up once they have their shares.
Great interview!
Sharks in the water today but looking forward to aggressive expansion in 2018. The time be in is now.
Looking forward to my long term capital gains reward in February
Joey needs to lay out exactly what they will be able to do with $4,000,000.00 of proceeds.
Other than to just say "general corporate purposes"
4 mil might be enough for them to open anywhere from 4-5 new locations depending on the deals negotiated with the builders / developers.
I'm ok with the O/S doubling if the numbering of store locations double or ancillary revs start to pour in.
For yourself maybe yes.
Quite possibly after the money is raised they will move forward with an acquisition providing ancillary revs.
Ancillary revs along with store openings and valuations start to get a lot higher.
Back on my short list to load a few. Will announce when
Well I added in April (too soon) and added last week at $0.05 (feel good about that trade so far)
And will likely not sell all at once next year. I have been waiting to see how things develop but selling about 10-20% per year as GIGL grows sounds good to me.
I have seen many a trip zero go from virtually nothing to multi pennies for days and weeks. $GAWK has growing revs and could easily run to 00s with the right update. Holding 9 millly. Worst that can happen is I lose $1800. Not worried at all.
VNDM has been used as a scare tactic for accumulation quite a few times in the past 9 months with this stock.
The games continue. But I see blue sky breakout happening soon.
VNDM disappeared again.
This may very well be the beginning of a move well north of $0.10
Added 100k today. Holding over 550k now.
I like what I am seeing here. Complete reset on the chart. $0.04 is the new bottom and I love buying the bottom. Especially after the settlement with SGI. Many don't realize how much that dispute was weighing us down. This is gonna take off within the next couple weeks. Looking forward to the Bahrain store openings.