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Another thing to keep in mind is that the same set of news items has a DIFFERENT reaction when a tout service is used.
The combination of less debt and the relatively new royalties deal can be reported by a tout service announcement and cause a dramatic affect on stock price.
Its a whole different ballgame; but I guess Gnosis has not been paying close attention to my posts, or else he would already realize this.
The fact is that companies with almost NO positive fundamentals can be spun to look like dynamite investments by tout services.
So the bottom line is that there is nothing to worry about here.
I want to point out that Gnosis' post shows that he is unaware of at least two things; the first of which is a lack of knowledge of stock reports in general, and the second is a lack of experience with penny stocks.
A 10-K report is an annual report that comes out once a year subsequent to the end of a company's fiscal year.
A 10-Q report comes out quarterly subsequent to the end of each quarter (in this case March 31st).
Anyone who has traded penny stocks for very long knows that psychology and TIMING are an even greater factor than with regular stocks. The fact that Ben has held off certain news is not necessarily because there isn't any (as Gnosis is assuming), but more likely because it is best timed with the 10-Q report, and/or maybe a tout serice will be used.
It is not a good idea to jump to negative conclusions based on either a lack of knowledge or experience.
The next window of maximum opportunity is the week of May 19th.
It would not be bad if the 10-Q came out on the 15th (Thursday), and we start our run then with that next week to lift it to great hights.
I recently reported on a stock that had a great run up in just one day as a result of a tout service announcement.
That stock was ITXN that was around 1/3 cent on the previous day close, and had a high of 35 cents the day of the announcement.
Today, one of the tout services I belong to announced GNLK that had closed at .007 yesterday, opened at .0999, and had a high of .1915 for the day. That represents a multiple of over 27X!
Another example of how a tout service can have a DRAMATIC affect on PPS in a very short period of time.
I have noticed that there are conflicting perceptions as to when the 10-Q report deadline is. I looked it up and saw that it is 45 days after the close of each quarter for companies in the category that ours is in.
This means that GDGI has till May 15th to file the report.
We should see the 10q this next week. If it does not come then, for sure by the week of May 20th.
We may even see a tout service come into play at that time in May, or the week of June 24th.
I consider myself to be one of the lucky ones with my holdings at an average of just .0035 per share.
I am amazed that .0049 is holding.
I just slapped the ask @ .0049
Someone just got 100k for .0040, and I could not get ANY for that price.
Don't like what's going on here.
Its really outlandish that 100k of the 110k volunme for the day was traded at .0044, yet the price is STILL .0040.
Lot of manipulation going on here.
My order was NOT "all or none" either.
Something really 'fishy' about whats going on with trading GDGI stock. I put in an order to buy 100k @ .0040 and could not get any. Then raised my bid to .0041; still could not buy any.
Then I went to .0043 and got none. Finally I got 100k @ .0044.
But then the bid goes to .0037 and the ask is .0040 cause someone got 10,000 @ .0040.
What kind of malarky is that anyway?
The 500k bid @ .0039 was me. I could not get any shares at that price, so I raised my bid to .0040.
Wound up the day with 381k @ .0040.
Increasing my holdings at these levels seemed like a good idea since I had some extra funds.
The guy who bought the $6 million in shares said late May.
By Independence Day I expect to be financially independent with the sale of some of my GDGI shares. Yea Baby!!
Finally, who cares if the pps retraces 50% or so. That is what most stocks do anyways. And if it retraces more than 50%, then buy more shares with some of the profits you made by selling part of your holdings on the way up.
It is better to plan ahead as to what you will do when the pps does go up, rather than worry and wine about all your fears about what problems you THINK the company MAY have.
What company doesn't have problems? They don't exist.
I am still seeing a lot of worriers here. It indicates a lack of experience with pennies on the part of some.
Keep in mind that if a tout service is employed (and I think 38 past uses of one make that very likely), they will get investors emotionally more comfortable with GDGI. They will bring and emphasize the positives that recent PR have cited.
They know how to do this well; that is why they are so successful.
They are so good that even companies that lack good fundamentsls STILL have good run ups in pps.
The day the tout service announces GDGI as a real play, if the price is still subpenny just prior to that happening, we will probably see it open at 2 or 3 cents minimum; then it will probably rocket up past 10 cents in the first 30 minutes of the trading day.
Only God knows what the high for the day will be.
15...20...25 cents? Then it could turn out to be a multi day run up that could take it to over 35 cents.
Some of you guys just have not experienced the power of penny stocks coupled with tout services........
Quit worrying and enjoy the suspense.
Please pay attention. That is exactly what we have with the royalties from Asia.
I am an investor/speculator and trader all in one.
At some point, I am going to sell some of my shares to recoup 100% of my investment, and let the rest ride up further to see where it goes. Then I can put those original investment dollars in another venture.
Positive cash flow only; no overhead. Isn't that the dream of every business?
As has been said here already, the market has yet to realize just how good the Asia royalties deal is.
Sooner or later, the pps will reflect this.
The 10k report is upcoming in a couple weeks, and could give some idea on the progress in Asia.
It could happen that the company that the royalties deal is set up to manufacture and sell the product in Asia may be quicker to get the marketing ball rolling than GDGI has here.
Asian business may be much faster in approving innovations that will save energy dollars than those here in America.
Somehow I fail to see how getting set up to receive royalties from a whole continent (Asia) is not progress.
Sorry, but I don't agree with your evaluation.
A tout service will not have the negative affect that you think it will. In fact, it will make more people aware of the changes in GDGI's standing with respect to problems solved, debt reduction, royalties from Asia, and sales prospects.
Whether or not there was effective tout in 2012 is irrelevant to our present situation.
First of all, the share price is lower than it was most of last year. Second, a lot of the problems that occured during that time have been corrected, and the company has a lot less debt now.
One who has experience with pennies that are touted, knows that the lower the share price is at the beginning, the more dramatic the effect that a tout has with regards to percentage increase in share price.
A good example of this is the recent information I gave about ITXN. It was .0033 on Tuesday, then opened at 7 cents on Wednesday with a high of 35 cents that same day.
Let's keep our egos in check here, ok?
It is obvious that this poster is negative on me. But that doesn't matter anyway.
The thing that is INcorrect about his post is that he made a claim that GDGI is "meaningless" to me.
I never said that, nor did I try to imply that.
I was discussing tout services, and how one should look at THEM and any stock in general. In the case of GDGI, I have a special interest in the PRODUCT becasue I am a facilities engineer at a hotel resort. I was trained in and work with air conditioning systems from time to time. I also like anything that saves energy and goes in the direction of being a "green technology".
I would like to see GDGI flourish into a multi-million dollar company that does a lot to help both the economy and the environment.
Not so. Different tout services have a different set of followers. While is it may be true that some of them may be hooked into more than one service (like me) and were already familiar with GDGI that way, there are eyes who have yet to even look upon GDGI yet.
Actually, it was a tout service that made me first aware of GDGI. Had you been reading my posts, you would get the impression that I actually am wanting GDGI use a tout service again.
This will give me the opportunity to make the maximum amount of profit on my purchase of GDGI shares.
The difference this time around from other stock tout announcements is that I have already purchased shares at a deep discount well below the one cent level. If a tout service is employed, the price will probably open in multiple pennies, then rise much higher than the open.
We could easily be looking at a 25 cent share price, even though it may only last for a single day (like ITXN 35 cents did).
The touts WERE effective. The fact that subsequent situations caused share price to drop is NOT an indicator as to how effective a tout was.
If you read my post from a couple days ago, you would have noticed that ITXN's share price was .0033 on Tuesday, and it opened at 7 cents the very next day with a high of 35 cents for that day. The trader's job obviously is to take advantage of a price move like that by buying at a lower price than they sell.
Whether or not the share price REMAINS high is actually irrelevant as to the effectiveness of a tout service.
But then again, those experienced at penny stocks would already know this.
Some really good advise about stock trading is to NOT 'fall in love' with any particulare stock. Such emotion tends to diminish, and in some cases, destroy potential profits that could have been realized with a more objective view. You have to be willing to 'dump' a stock when it is most advantageous to do so.
With regard to 3rd parties employing a tout service to pump a stock, I have not seen or noticed this happening much, if at all.
The touts that I have seen actually are required to include with the announcement a disclosure as to who paid them, and how much.
One has to keep in mind that the reason we get involved in playing the stock market is to make money.
It is great if one has ideals as to the way things should be, but in my 60 years on the planet, I have not found ANY organization that is 100% honest. My personal feeling is that the ONLY place you can find 100% honesty is in God, and I am not talking about religious organizations either.
Getting back to the stock thing, the most important thing for each trader is to sell at a price that is higher than what we paid for a stock. The way that you do that is to look for opportunities that will make that most likely. A stock broker does not ask you if you think that particular stock you invest in is 100% legitamate. They merely collect a commission on your stock trades. So in the end, what difference does it make if you profited from a stock rising on pure fundamentals, or take advantage of a buying frenzy triggered by a tout service.
Incidentally, there is no one who has more of a work ethic than I do, and I have been employed for the last 24 years in a trade where I work with my hands. I give my employer an honest day's work, and that is more than I can say about some other people who work for my employer. I do not allow the fact that the executives at the company I work for make WAY more money than they SHOULD be making.
The fact that they may be in effect stealing more than their fare share is NOT my problem.
So the stock market gives the working man, and anyone else for that matter, a shot at making extra money. For all practical purposes, the stock market is pretty much a glorified gambling casino.
This business about GDGI supposedly being "above" using a tout service is pure nonsense, simply because Ben has been either CEO or president while they have used touts at least 38 times before.
Steve;
My main point was to show how much of an affect a tout service can have on share price in a VERY short period of time.
In the case that I presented, pps went from .0033 to 35 cents
in one day.
Anyone who has been around the penny stock world for very long knows that the effect that a tout service has on PPS is usually a function of how big of a following that particular service has.
If we don't see a tout service involved in the April window, I see the week of May 20th as a prime time for that to happen; or for some more great news.
So I guess we will at least get the 10K report by April 25th.
Disclaimer: Of course, as always, these are all my opinions. No one should invest in penny stocks unless they can afford to lose all of the money put into them. Just because I may have been correct on a previous prediction does not necessarily mean I will be correct on these or other predictions.
I see Friday the 19th, or the week of the 22nd of April as our next window.
The reason I brought up this scenario was to show the potential of a stock being touted by a service with a good following.
It was coincidental that the PPS started out at about what GDGI was at the same time.
I had an interesting stock announcement today by a tout service I belong to.
On Tuesday, this stock closed at $.0033. Today, it was announced and it opened at 7 cents!!! That's not all.
The high of the day was 35 cents!!!!
I posted a copy of the Scottrade news report days ago.
It only included the negatives from GDGI's past, without including the positives of what is happening now.
It looked like someone was trying to get the stock to go lower so they could buy shares cheap. Looks like they may have succeeded.