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It's not dilution. It's retail.
I guess peeps didn't want you to load at .0035. Try .004.
I don't get it either. The imminent news will result in 3x-5x IMO.
I noticed
A casual observer knows that GRST has diluted over the past year. That fact does not mean GRST is diluting today. What has GRST accomplished by diluting? GRST has reduced debt and used the money to acquire a greater percentage of ARIA, which means more revenue. The money from dilution has not simply been used to keep afloat. The dilution will result in higher profits.
No. It's not dilution. Retail sellers giving their shares away plus MMs selling freely on the bid and quickly moving bids to the ask to further reduce pps.
30mm volume and pps is even for the day?
We're close
MMs are really keeping the PPS down. 400K of 41s were moved from bid to ask then they filled a bid order at 4.
That's the way I see it also. Now is the time to load for the next piece of news which is imminent.
The Company has submitted all requested documentation to the Florida Department of Children and Families for the ownership change for its acquisition of the ARIA treatment Center and is expecting an approval to be issued imminently.
This is going to bust wide open once the remaining 4s are gobbled up. L2 looks like it's ready to have 5s on the bid soon. JMO
Trades during the last hour have ranged from $0.78 to $40. Kind of a low volume day.
Gaps are a myth perpetuated by chasers. Gaps do not need to fill.
You seriously think OTCX is diluting 38K shares at .004? It's a retail sell. Simple. Not negotiable, not arguable. 38K retail sale and that's all.
Thank you for reminding us why we are here.
It happens
So? If I put in a sell order, there's about a 30% chance OTCX will handle it. That's what MMs do.
Maybe he doesn't want to say anything until he has something concrete to say. It's June 3rd which isn't too far from the end of May which closes with a three day holiday.
Supplies for construction have gone up in price or are in short supply. The Texas debacle in March affected chemicals used in glues and paint plus other products. The cost of wood has gone way up over the past few months.
So, like many others, I am patiently waiting for things to play out and it should be soon.
You're absolutely correct.
More locations is my best guess. The company should have a good idea about the profitable type of facility per population density and addiction rates. Unfortunately for the population, these treatment centers and direly needed.
Anytime next week is close to the end of May, so I expect we'll see something then.
Have you asked yourself: Why wasn't CFGN on the L2 yesterday and today?
I saw CFGN go as low as .0049 on Wednesday but its preferred range was around .0056. The combination of impatient MMs moving BIDs to the ASK quickly and some retail sellers/manipulators selling below CFGN did not allow CFGN to sell in its preferred range.
Now if you were a CEO with some cash and you wanted to close on a deal, which was dependent on shares getting sold, what would you do?
Good time to load. I don't expect much volume as we head into Memorial Day weekend.
And that's after MMs moved bids to the ASK. Double whammy.
MMs are doing a few weird things this morning. Hope they stop
Yesterday CFGN sold about 370k shares. Retail sellers are taking this down not dilution. Look at fundamentals not posts
Hard to figure out at times
If CFGN is first in line on the ASK, which it rarely is, it makes all the sense in the world to slap the ASK to get CFGN shares.
CFGN keeps walking down its ASK. Bid whackers are still getting shares below CFGN's ASK. Might be close to the end of this round of dilution. Good time to load up.
Yep. Simple supply and demand concept.
Good day to jump back in. CFGN dropped ASK to .005. You get get a bunch at that pps.
Looking like 10Q might come out after market closes.
I can't agree with that. The pps is a result of CFGN selling shares mostly around .0056 or .0057 The past month. When people wanted to sell shares, the pps was under CFGN and often around .005. The pps doesn't reflect anything in the 10Q which is not out yet. If the 10Q has a good balance sheet, the buying pressure will increase and eventually exhaust CFGN of its shares which will result in a rather sharp increase until the pps reaches a penny.
Yawn
Back at .0055 again. Geez.
Yes. They do have a habit of finding some more shares to sell. I do think they are running out of shares and are in no hurry to dump them. CFGN went down to .005 earlier today but pulled back.
If CFGN stays gone, those walls will crumble.
CFGN left the ASK
Now .0049. Looks like CFGN wants to be finished selling shares before 10 Q comes out. That bodes well for us and the pps.
Looks like CFGN will settle for .005. Maybe getting close to end?