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RMTD has been working every angle they could over the past year. With their recent announcement, I can't see us benefitting in any way. MM's are going to work this and have 15 bil shares to play with.
How do you sell @ .01 with no bid? You cheat. JMHO
GLTA
Well, 208 mil shares traded or bought or sold. Has anyone been able to sell one share?
To the board. Guys, there's NO BID! There is 15 bil shares out there. I placed my GTC @ .01 just in case but I don't think they're going to need our shares to play this.
If anyone sells there shares, congrats. JMHO
Already did nautica right after the second .01 hit. Like I said, I think were screwed here. Stricly an MM's play from here on out. GLTU
Been hit @ .01 three times now. Has anyones shares been bought? Guys, I think we are screwed here. No bid and 1 mil traded @ .01. No reporting so the company can play all kinds of games here but it won't benefit us in any way. JMHO
Again, the pr said that broker/dealers will be able to trade this stock so MM's are havin a field day. None of our share will move though.
Read the pr again and it said they will no longer be a publicly traded stock and again I ask if that means we loose our shares?
Thanks
The second paragraph says that they will no longer be a publicly traded company. That pretty much says that we loose all of our stocks. Anyone know any different?
GLTA
Someone just bought 3000 shares @ .0001. What is this garbage? GLTAU
Jerad
Morning all, MM's have a .0017 spread so far. 1 @ .0043 and 3 @ .006. GLTA
Jerad
The MM's are behind. They tightened their grip and lost momo so they had to let it go to increase the spread. In order to cover, they'll continue to drive it down and then let go to get their shares to cover.
They don't have the pps as high as originally, so I don't know for sure but they might let it run up some tommorow to start it all over again. Lots of in and out opportunities coming at the rate they're covering. GLTA and see you in the a.m.
Looks like we're going to hold in the 3's. We'll see what they have up their sleeve tommorow. GLTA and I'll see you in the a.m.
Jerad
I agree. This is trading latterally now so there's a battle going on. I'm almost positive it should break 4 because there just isn't enough volume now for MM's to cover. I don't know, they could strangle this trying to hold it down but they're out of time to cover from Monday. So I guess we'll see, maybe it'll bust 4's and bounce off 5. Who the hell knows. GLTU
Jerad
MM's are stalemated here, can't do any more unless they open the spread. I doubt that we will but low 5's aren't impossible if they have to let go. GLTA
Jerad
Check my thinking here guys. MM's still haven't covered and they've stalled around .0037. Wouldn't you think they'd have to loosen the reins to get people back buying and selling so they can play it again? They've only got one more day to cover if my estimations are correct. What do you think? JMHO
Jerad
He's holdin.
Thin spread with .0047 second on the buy side of L2. MM's are having a tough time covering, killing interest. They might have to let it go for awhile and get the action moving. JMHO. GLTA
Jerad
ITGuy, Easy on the other investors. GLTU
Jerad
Flemsnopes: Just checked the TDA 3 year chart again and in Jan 14 of 2008 this opened @ $12.00 and hit $112.00. I'm just telling what TDA charts show. GLTU and yea the internet is a thing of wonderous beauty.
Valley: If the merger is a real deal, the MM's are going to work this hard all the way up. We had them on the run for a few days but now our investor base has leveled out. We're going to have to play like the MM's here and bounce in and out of this to be profitable. The longs are just going to ride it out and wait for the news.
Either strategy will work fine if as I mentioned the merger deal is on the up and up which from what I've researched, it is. We'll keep in touch during the day and see how this goes. GLTU brother.
Jerad
Mornin valley. We'll see, NITE'S @ .0038 right now. If this heads up towards the 5's I'm going to sell and then buy back in. I don't think NITE is done here, still has to cover. JMHO brother. GLTU
Jerad
There was 3 buying opportunities today for those able to do the flips. I hope tommorow brings good fortune to everyone. See you in the a.m.
Jerad
God I hope none of them. The share volume at that level was low, it didn't really kick until it hit 000's. Ya never know, they could do a promo and this could pop a little here. GLTU.
Jerad
That's just common sense investing. Many of us have seen this action before. Sell some for profit and buy on the dips. GLTU.
Jerad
You got it Teague. If this rises in the am I'll sell some and wait for the shake and buy back more than I sold. Right now we're holding a pair, play it right and we could end up with a flush. GLTU.
Jerad
Lack of nerve. If we don't recover to .0065 or so, the MM's could shake the tree right away tommorow morning. They have to cover in the short term here but if this merger is legit, they know they have to cover and run for th hills.
They're still short of shares so more buying opportunities possibly tommorow. JMHO. Good luck.
Jerad
Suddenly late action. 900,000 @ .0001 then it hits .0002 again.
If my basic math is correct, MM's still have to cover. Not enough volume for them to get even yet. We could still see more games tommorow so we will have new buying opportunities to better our positions.
GLTA, see you tommorow.
Jerad
Hold on to your bobby socks boys and girls, repaint on it's way. GLTA.
Jerad
Hey raging. Yea if we hold strong through this shake, we should live to see another green day. MM's are pissed here and they'll try anything to cover their butts. Gonna take a break, I'll see you and everyone else later. GLTU man.
Jerad
This is their BIG SHAKE guys. Trying to spook investors. Grab your cahonies and watch. If they can't get sellers, they can't cover. This is it, hold on if you want to see a penny soon. JMHO. GLTA
Jerad
MM's are still trying to cover here. Flippers and D traders will help MM's cover. All we can do is hold our shares and keep the buying pressure up as long as we can with the funds available. With the MM's short by 25 mil and the volume as it is I don't think they're going to make it so hold tight. This really could be a life changing opportunity here if we have the stomach for it.
JMHO. GLTA
Jerad
This was @ $19.20 on Feb 29, 2008 and sank to .0001 by Feb 27 of 2009. We had one peek @ .0003 on Jan 11, 2010 and now here we sit. If they do a paid promo, I'll be bailing @ .0003 and never look back. These guys are still in deep doo doo here and everyone just wants to get out as clean as they can. JMHO. GLTA.
Jerad
MM's were 25 mil short yesterday and volume is slow today with everyone holding or slapping the ask. Hold steady like a rock and MM's will not be able to recover. This battle might rage well up to any news so hold on, they are desperate. JMHO. GLTA
Jerad
L2 2 x .0065 and 2 x .007. If we panic and sell now, MM's will get the upper hand. Buy on the dips and break their backs. JMHO. GLTA
Jerad
MM's working it pretty hard here. Looks like they got busted @ .007, climbing back up. This is like War of the Worlds, die aliens, DIE!. GLTA
Jerad