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Let the covering begin.
Shorts will be getting cold feet soon.
Is it going up on low volume? Gee, could that be because it floated down on low volume? Ha Ha, average daily vol (10 day) is still somewhere around 800K. We haven’t cleared 800K in the past 5 trading days put together, have we? Thinnnnnn!
Funny you mention it. I noticed its printing divergence as well.
Considering the selling we’ve seen the past couple of days has been on light volume, I think folks are just getting antsy. Especially with the greater market continuing its climb. The drop from the .50’s to .20’s was profit taking and these last stragglers are just bored IMO. Nothing has changed fundamentally that would warrant a landslide back to the teens. JMHO.
There’s some serious compression between the bid/ask here. Looking for a breakout in a big way.
I bought my shares with the money I made answering an email from the King of Tanzania asking for my help funneling funds out of the country.
I don’t have all day to scour board, hoser. Thanks for trying.
Thats correct unless its 15 business days. Wondering if anyone can verify that?
Good one. Seriously though, this thing moves on air with PR’s around the corner. Nobody’s short here. It’s way too dangerous.
Nice to see it bounce off of .20 and not delve back into the teens. Higher lows before higher highs.
Holy oversold!
Yes sir, my price alert at $28.49 went off.
Looks like 3 different pinch scenarios converging.
From .2920 to .2360 and back to .28 on 120K traded? HOLY THIN!!!
The good news is....
This thing moves up on very little volume.
The bad news is...
This thing moves down on very little volume.
Either way its thin.
Slapped.
LOL, its slightly bigger than a 100 share order.
Its crazy. I have a buy order in right now at .2701, but the current bid is showing at .2560 and I can’t get filled.
I’ve never seen this before. I’ve had a few buy orders in this morning at .265 and .27 which never showed on the bid. It stayed at .25
There are currently orders executing at bids that are much higher than the current bid shown. Its as if the MM’s want to present the illusion that there isn’t as much demand for QSGI this morning as there actually is.
If it breaks below $100... lookout
Thanks PTL, same here. If the projection is movement in 6 months like I’ve read on this board, maybe I’ll check back in 5 1/2 months. Until then, no reason to tie up capital when it could be working elsewhere. Best of luck.
Thanks. As far as it being a scam.... If you put that aside for a second and assume Reda has turned over a new leaf and wants to run a legit company. We can imagine that the operation is being moved to the new location and that it will be operational by May and generating revenue by June, because that is the plan. However, the plan has also been to get the financials up to date in order to get financing. They can’t perform the necessary tasks in order to move forward. They can’t seem to do what is absolutely critical to their future success, and that is simply to follow through on time. Society keeps schedules for a reason, time is important. I’ve been trying to put the pr’s aside and simply look at whats being done. The answer is nothing.
Venomous, I never give trading advice, ever. Please take one bit of advice from me and do not purchase another share until there is momentum. You’ll have plenty of time to get in at .0001 if things start happening and in the meantime you wont have your cash tied up with the possibility of a surprise R/S wiping you out. From where we sit there is nothing to lose by waiting but everything to gain.
Right, I just meant his overall outlook. It sounds like he has some info coming from somewhere. He called the rally EOD yesterday. Who knows, but I agree... 6 prs in a week...
What in your opinion would be the reason for sending out news to a select group of individuals and not through the proper channels? I would think either he’s giving a heads up to secure positions before it goes public (insider trading anyone?) Or, its some self serving fabrication that will have no impact. Either way, did he tell you there’s no more news or is that a guess? What about Scarfizi’s posts? Fantasy? TIA
Farewell board...
I’ve been thinning my position over the past month or so and yesterdays volume took the rest of my shares. I am officially out. I took a loss, but I guess staring at a pps of .0001 with no bid day after day allowed me to accept what is and not what should be. Time is too valuable and I’ve wasted too much of it on Al Reda already. If the pps goes to .0003, but I waited over a year for it to get there, did I really win? And at that time, if I can only sell for .0002 was it worth it? Everyone has their own answer based on their own situation, but for me its a resounding no. It comes down to trust. I don’t trust this management to know how to move forward. I’ve been successful with my trading over the years and the loss here will be made up in time, and quite possibly before GDTK moves another inch. GLTA here. There are some great people and I hope it works out for each and every one of you.
Best,
DD
Agreed. And all because its razor thin. News will blow this up +200% from here easy IMO.
Who doesn’t love Jo?
GDT Tek has an agreement to sell energy back to PG&E, they aren’t directly involved with operations. At most you could expect a blurb about working with green independent sub contractors, etc., etc. There are plenty of other things about this stock that concern me more.
At the cusp.
We had a 23% swing on 160K traded?! Bring on the news, this things gonna freak.
Sad that we would have to resort to that. Isn’t it?
You nailed it D-Snap. Reverse Splits are a fantastic tool for an up and coming company that wants to quickly raise its pps in order to move up to a bigger exchange, etc. But in Pinkie Land, an R/S signals that massive dilution is around the corner. Thats why so many people bail the second the R/S is announced.
If the markets going to fall again... Might as well make some bank while it's doing it.
Once we break 12K on the downside.... Lookout.
I think the continuing climb of oil is going to collapse any sort of “recovery” we’ve had going.
It seems most people would rather sit on the sidelines than risk shorting the market.
We’re do for a correction. I think DXD gives the greatest opportunity for big returns.
A PR every two days. Thanks.