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184,999
It's gone now
There's a bid for 2mm at .0025 but that doesn't mean anybody wants to sell them at that pps.
I think we'll find that any diluted shares are already distributed. They aren't all sold yet but don't expect the OS to rise simply because the holders of the diluted shares have not sold their shares yet.
Good deal. Thanks for the update. Hopefully, the FAQ page(s) will have a timeless design so that future FAQs will get incorporated into it.
Moved their 1mm wall to .003 now.
Low volume walk down now. $25 and $50 trades.
Volume was good at .003, then they moved bids to the ask and created a 14% spread. That killed the volume.
MMs still holding this back. Ridiculous L2 action.
What kind of sophomoric question is that?
I think the increase today was due to a few reasons. Fewer retail sells is a big one. More buying because the pps is so undervalued and people are confident that we reached the bottom. I think the MMs went to happy hour and stopped manipulating the pps and left it to computer algorithms.
Thanks for spending the time and using your expertise and professionalism for the benefit of all $GRST shareholders. You got results and am looking forward to his Q&A response.
I hope everybody understands that his responses most likely will not be ready Monday morning. Sometimes, it is safer to run things by the company attorney before going public with them.
It happens
That's a fact. I know one guy who just goes out on a boat for three months. Makes most of his money January through April.
I'm not sure who's selling at these levels. T1 did but that doesn't account for all of the selling pressure down. We know that PAUL wants to sell shares at .0031 or higher. CFGN probably has 20mm at most but won't sell much below .0056. The OS is flat because shares that you would call dilution have been issued.
Traditionally this is the lowest volume of the year for the OTC and will last another month or so. My expectations aren't that high this time of year. However, GRST's pps is dropping like were are diluting but as far as I can tell retail is solely responsible for the action since the past PR. I see some newbies and we could use some more. I will simply add more when I can. As many have posted, the pps is way, way, way undervalued. I expect many questions to get answered no later than the the Q and I am expecting positive news then.
I noticed that Paul was at .0019 all day today on the BID. Paul was at .0031 on the ASK all day. Your bid at .0016 might have trouble getting filled but, if it's large enough, it could happen. Then I would really have something to write to the SEC about.
I think MMs are just trying to maximize profits from selling shares but I can't imagine it's that much in commissions. Why they do it here and not other tickers remains a mystery to me. It's certainly not unheard of to move a BID to the ASK but the frequency and timing is suspect. Watching the L2, it's predictable that the MMs will walk down the pps to reach a large BID that they want to sell. So, they move BIDs to the ASK to sell the top BID once they reach it. We've had a few 4 tick drops just because of that MM manipulation.
Now you know how GS investors felt before the tables got turned.
There's no reason for a RS. GRST isn't going to try going to the QB next month. Besides, people throw out RSs like they are inherently terrible, which they are not. TSN* had a RS earlier this year and the shareholders didn't lose a penny on it.
Not guaranteed. Look at any OTC company and they generally have much higher authorized shares than outstanding. Less paperwork to authorize much more than you need.
Authorized shares only means something if they become outstanding shares.
As far as manipulation goes, I've commented before on how fast the MMs on this ticker move BIDs very quickly to the ASK and then sell from the BID. That type of move really drops the pps fast. They don't just do it under low volume circumstances but also to kill runs. Our last two opportunities for a run were halted by MMs piling lower BIDs into the ask and selling from the bid.
Maybe you didn't but some people did buy for the long haul. It's obvious that some wanted a quick turnaround on their investment. They didn't get it and are bailing for greener pastures. That's fine but the pps has suffered. The pps will bounce back IMO. Dilution will end if the retail sellers ever let PAUL and CFGN sell their shares. Those MMs have been undercut regularly so dilution lingers. I think we'll see some more pragmatic investors enter here and realize they will make money here. The pps will climb, dilution will end, more beds will get filled at Aria, GRST will make more money.
I am usually a swing trader but did pick GRST for my long stock. I don't plan on selling any shares until next year. I'm looking at 3X to 6X IMO. I could do better swing trading other tickers probably but I do like to have at least one long stock.
Somebody gobbled up those 22s fast. Maybe MMs will let this breathe and stop moving low bids to ask.
I don't think I've ever seen that before. Not sure why people are bailing and selling at garage sale prices. Oh well. It's summer time in the OTC.
Might have used old numbers that were verified. He might not have current that have been verified.
I'm with Norfolk on this. Don't just throw negative words out their to grab attention. Fact is Ethema is a legitimate growing company.
Need to slap it all day long
GRST OS updated yesterday evening. NO CHANGE.
Last 2 days of selling were scared retailers and weak hands.
https://www.otcmarkets.com/stock/GRST/security
BOOOM $$$$$$$ ahead
The important thing to remember about the dilution is that it's not paying for operational costs and salaries. The dilution it paying for expansion and retiring debt which will lead to more revenue.
I suppose some people bailed out figuring they could flip faster on some other tickers but this dilution will end and the pps is way low for a company in the medical field that is making money and will expand the revenue stream.
I think some were looking for a quick turnaround for a quick flip. They are moving on. We'll see some more serious investors buying this week.
Compare the L2 action here to VEN* and you realize how malicious the MMs have been here. PAUL has been sitting on the ASK over there all afternoon. Mediocre volume and still the BIDs stay bids. If that had happened here today, PAUL would be the lowest ASK at .0031 and all those high 2s would be in the BID column. This is perplexing to me.
Welcome back and letting traders and manipulators play their game is about all we can do right now.
Shawn is cautious about what he says and he's wise in that regard. He could say more and still not worry about repercussions.
Have you ever owned a stock that went grey overnight? It's not a good feeling.
I'll take cautious.
Dilution isn't the only thing driving the pps lower and I'm sure you know that.
Are you part of the group that is trying to get the pps lower on a daily basis?
We haven't heard about Sparta that's no reason to dismiss Sparta. It looks like we will live with COVID-19 and variants forever unless everybody takes vaccines seriously. I'm not too confident that we will break through the vaccine reluctance. So Covid Clear will be relevant for a long time.
Right now NITE is placing 10,000 shares at .0026 on the mid and selling them from the bid. 30 minutes ago NITE was doing the same thing at .0027 and then moved .0027 to the ask.
For each 10k sole at .0026. Nite is selling 10k at .0025. Why? Watch Nite move the .0026 to the ask soon. Then sell from the bid at .0025.
You're absolutely right on all points. I'm thinking reason will prevail here and we'll see this stabilize and go back up this week. I follow a lot of tickers and never see mm action like this.
Yes. Many, who know how to do math, held or bought yesterday.