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This I cant figure. Good PR and yet this thing continues to go down.
The day is young yet. The large volume is very encouraging.
No r/s may see the stock regain the .06 level.
Focus people. GSCR ran on reverse merger news.For this to go higher it will take a PR announcing the new name and fundamentals of the deal - meaning what companies will be part of this new company.There may be a r/s which would reduce o/s but also increase the pps.Scozzafava is CEO/owner of GSGF a successful biofuels company.
So far this reminds me of the QYBT merger I am in owned by Keating's KI Equity Partners. Right now its a shell that at some point Keating will merge into an existing company.The stock prior to the merger ran up similar to this one and then dropped. A 1-10 r/s occured with an initial value of around .40 a share.This stock wont move until Keating completes the rm process with a going concern.
This stock will have at least one retail company and maybe more from jump street which I like. There may be a r/s but no mention of one in the 8k.There will be a name change which will slow trading until everyone gets the new shares.IMO the current pps reflects profit taking and uncertainty. Once the new management takes over GSCR and announces their changes and hopefully additional companies that will be part of the holding company then we will see the pps move to new levels.The quick money has been made and the game will be played by the longs.
You may think this is a scam but I dont.Scozzafava owns and is CEO of GSGF which closed today at $1.75 up .25 since Monday.I wonder if he will roll GSGF into this new company.
http://today.reuters.com/news/articleinvesting.aspx?view=PR&symbol=GSHF&storyID=212337+13-No...
http://news.moneycentral.msn.com/ticker/article.aspx?Feed=BW&Date=20061212&ID=6268110&Sy...
Alot of volume today.This stock will rebound this afternoon.
Hacketts is a NY retailer.
http://www.hackettsonline.com/about.html
Eeven if its cumulative it still beats most pennies.I wouldnt be surprised if Wisebuys buys Hacketts with Seaway's financing.
The PR did state that they had been in talks with other entities for the past year.
Dug this out of a PR.This is not your usual r/m in my opinon. I think when its all said and done the parts added to the shell will have revenues well over $100m with the potential to triple in three years time by expanding into new locations.I find this exciting and this stock will move to NASDAQ which should really help the pps.
"Upon the closing of the transaction, Seaway intends to merge into GSCR several of its holdings, including that of WiseBuys Stores, Inc., ("WiseBuys") a big box retail chain it founded in 2003 with former Ames Chairman and CEO, Joe Ettore, and former BJ Wholesale executive, Joe LaChausse. WiseBuys currently has five (5) locations representing approximately 230,000 square feet, and it has partnered with other retailers such as Payless ShoeSource, Inc. and KB Toys to expand rapidly in rural markets in primarily former Ames locations. WiseBuys has generated store revenues of over $35 million since November 2003, and, after a brief pause, is now aggressively seeking growth through acquisitions and new store development."
And -
"WiseBuys' goal is to add another 30-40 stores over a three year period and achieve annual revenues of about $120 million. Joe LaChausse, WiseBuys' CEO stated, "We feel this critical mass is attainable given the current supply of relatively low cost retail space in rural America. Our initial geographic presence with be New York, Pennsylvania, Vermont, Massachusetts, and Connecticut." WiseBuys' current stores - all in New York State - include Canton, Gouverneur, Hamilton, Pulaski, and Tupper Lake."
Scottrade had the stock on the restricted list monday. I had to call in my buy order, no biggie.If this shell becomes a holding company as advertised then a change in stock exchabges would also be in the offing - sooner if GSCR was reporting their revenues.
I think he does.That doesnt mean that the stock is dead in the water.Abby's post makes it clear that this stock will move up at some point.We just need to be patient.
A symbol change is a strong possibility.
These rm plays almost always involve a r/s. I am in one Keating play already.
New to this stock but I think it was predictable that after a big runup there would be profit taking.I suspect that this r/m will draw in alot of buyers simply because Seaway is involved.
Is this a shell play ?
The biggest priority for PDGT is to expand sales and not to hold the investors hand.This is a solid company with an actual product that really doesnt have a competitor yet - unusal for a pink.The stock is up 250% from a few weeks ago.At some point soon it will be in the pennies like it was last week.This stock will be attractive to investors that dont mind holding a stock for a large payoff as opposed to the flippers who are in and out.
The naming of a CEO isnt going to cause this stock to move. A PR announcing revenues and or any large contracts will move this stock very hard very fast.So be patient and dont stare at the ticker all day.
I thought it was permisable to post a target pps ? I got in at .0012 and could sell at any time, but my read on this stock is that it is going to go much higher or else I would cash out and move on.
We may see .03 or higher today.
I was looking at TASR and I was surprised to see that they had a 57m float with 62m outstanding. So PDGT isnt that far off. TASR closed at $10.63 a share. So unless PDGT is bought by another company the future looks very bright.
If this stock is uplisted I would look for a r/s to reduce the float and increase share value.
What a great day for this stock. I wonder how much higher it will go ?
Wow up to .0019.Nice to see.
Welcome aboard laser !!
Ask is .004 .Probably a misprint.
billmoney I am hardly a basher as I own shares in this company. I was perplexed at the drop in pps from .0037 as this is a solid company.
The fastest way to grow a company is through mergers and or acquisitions. They are selling assets to fund this strategy.I see this PR as a positive.
Why is this stock dropping ?
Not good starting the day off in the red.
News of a deal would really be nice.It would push us into the dollar range.
One of two things will happen the stock will continue its climb or it will fall on profit taking.Being an opptomist I think we will see the 4's.If we get news it may go much higher.
QBYT up 77% today to .549 . Maybe we are getting close to the rm ?
Gotta scratch my head and wonder why this stock hasnt taken off.
Ask is $1 now.Now we need some volume.
What site ?
I have a measley 300,000 shares.
News yet ?
I think .004 is possible by end of the week.
Evidently a glitch as its back to .0005 .
My ticker shows RSHN up 614% is that right ?
Nice end of the week run.Hopefully will hit .002 .