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Yup Yup Yup Slap that ASK, only 280,000,000 million shares to go before we see pennies, Scoop up these cheapies while you can. GNCP is gonna explode. Shortly after RENS and NMGL get current.., there's $50,000,000 million in gold at least laying around in the tailings of old mines from the 40's to be processed by modern equipment.
Maybe they are too busy with Lowenthal getting NMGL and RENS in shape? Visit those boards and see who you see there...a lot of the crowd you see here. Seems something is up with at leaset NMGL and ASPA...
Well at least there are more buys at T3 so far today than all day yesterday. So maybe my earlier post and impression was wrong, we'll just have to wait and see.
With the short report of what 35% , I won't be surprised if they drive this to T1 today. Our only hope is for people to buy some at the ask at various points of the day. L2 anyone?????
Some good news, unfortunately, because of past failures to produce, we remain skeptical, actual production, reports of delivering gas and oil and getting income from it...now that, that would make all the difference in the world in my book. I am down about 95% from where I bought in.....
This is my last post of day, YES It Bothers me a lot that they have not made good on the date for publishing the annual report, it bothers me a great deal. But specualating about alleged excuses and alleged conspiracies and maligning Ted's reputation is not going to get the report out any faster. I am not pumping the stock and I really hope we have not been fleeced again, I can't afford it. I am NOT going to sell at a big loss. GNCP is NOT a mining operation, they are in the exploration stage. One thing that has bothered me for sometime now is the language they used in one of the last statements, that went something like this, " we remain committed to extracting value from our..." extracting? poor choice of words at the least, shouldn't they want to add value....???My level of confidence is certainly decreasing here.
Thanks ChickLittle, NewYork2013, I do not think a lot of retail buying is going on here..chart is completely flat except for 1 early spike. No whipsaw action at all on the chart. The ask remains Large at 278 mill shares and the Bid has been about the 40 mil all day. However, I think it shows an unwillingness to both buy at 3 and a reluctance to sell at T2, daily volume significantly below 10 day average. I would hope Co. is buying back at this level, but I can't tell. Could very well be Naysayers have accomplished their mission and spooked the market for GNCP. We'll most likely be stuck here until Ted makes good on promised Annual report and other updates. HOLD YOUR SHARES, DON"T SELL INTO THE BID. I still would encourage investors to put up some shares on GTC orders to sell at 0.001, SHow a massive resistance at that point...its a political statement. And you can cancel as you like, don't worry about loosing your shares.
Gee, come on, who'll join me, lets let em know how their eveil scheme is working, lets make a political statement, put some shares up on the L2 at 0.001 or higher if they'll let you. It doesn't cost anything, and you know they aren't going to buy them,so we won't loose our shares, but the message will be sent.
Ok, you scared me, check your L2, I just put 800,000 shares up for sale...at 0.001......
Hey, maybe shareholders can "BUYERS BOX" them....lol, no shares available until...0.001
Amen, negative impact on EVERYBODY, last trade over an hour ago, GOOD looks like people have stopped selling into the BID.
If I had free trades, I'd whack the ASK for small amounts all day just to piss the crooks off.
Good for you, I managed to get some 2's but it was not recent. I assume you are new to GNCP and the board, welcome, GLTY.
It is extremely aggravating to me knowing that some people can pick up these shares so damned cheap compared to what I had to pay for them. I only wish that I could be so lucky, I wish I could shake loose some cash and scoop up another few million shares at these prices. Pissed me off to end when 1's were being traded or it appeared to be ( don't believe retail got those).
I agree, I know you are Long with a large position, been paying attention to your posts for months. Its difficult to be patient sometimes. I wish they would put out the darned Annual report already and get it over with. I don't expect to see anything earth shaking in the report, annual reports are usually just a routine status of the financials. Hard to understand why it keeps getting delayed. Be nice if there was news about a JV or Geo reports...something positive to follow up previous statements.
What a pathetic way to start the day a 20 share sell into the Bid..sheesh. Bid slowly building at T2, and 245 million on the ASK. I'll keep my shares out of play, we ain't going up with that many shares on the ask almost 20x the bid size....
Stoprun, true a company buyback can and probably does increase the pps, but necessarily so and most definetly not necessarily as the company is buying the shares. In our case, it is Better for the company and for us overall if the company manages to buyback the shares discreetly, leaving the price low. They have to change the share structure, they need to get 2 billion shares off the market, I'd like them to even more shares out of the market. With 10 billion shares out there, there are way too many shares and it will be difficult to see any rise in the pps without really massive buying pressure. Think supply and demand. There has been a lot of speculation about the valuation of the Gold resources (and please do not forget or disregard the value of the other minerals on the claims chiefly Silver and perhaps some other less well knowns). The value of the reserves etc split up amongst 10 billion shares...well, if you follow this line of thinking, it is critical to reduce the amount of shares out there.
Nikodemos, I recognize your name and talked with you before, I was in NTEK for a little while and got back out at around 14. I basically broke even, I sold because I needed the money to try and rescue another position that is also gone south. Its extremely sad to watch what has happened to NTEK, I do not understand what is going on to drive the pps down, performance over the past year looked stellar, I am interested in getting back in. Could you be so kind as to PM me, and kind of bring me up to speed and maybe share some of your thoughts? Am I foolish to think this is a good tech stock, it certainly did not appear to be a scam. I saw something about someone getting into legal trouble but don't know the details. Are you still Long here?
It may be advantageous to the company and Long term investors that the price be low at this time so that the company can buy back as many shares as possible as cheaply as possible. This has some positive effects if they do buy back a lot of shares that they can retire or possibly sell back to the market later on with the price up, I think low pps may discourage some flipping and some other manipulation. For the time being it stinks for us who have to see are portfolios bleeding red for the time being. Seems that we are not in danger of going dark or to no bid, not with the volumes we are seeing. ALL IMHO, and when it comes to this kind of stuff I may not be the sharpest knife in the drawer. Feedback anyone? This is probably my last allowable post of the day.
Paint job buy of 555 shares at T3 right at 4:00 on the closing bell, 4.4 mill at T2 before it at 3:19. MM's fighting each other all afternoon, one selling down one buying up with relatively small orders.
Do you really think so? So do you think we should settle in and accept that we are going to be dicked around with until he spends 750K buying back shares at T1 if he can get them? I might as well not even bother watching this for a while, and give up the hope of trying to increase my position predicated upon the contingency that I can sell above my average and buy back below it...its gonna be a long time coming if at all.
PUMA, VFIN and CANT all have 100 share orders in at T1, but who's selling to them with the ask at T3??? that is the question.
Please post the L2. What do we have CSTI making small buys to keep price up and NITE making small bid whacks to keep price down????? Seems that way looking at the trades, but I don't have level 2.
Anyone else look at the trades and find it more than curious that there was a whole string of consecutive trades of T1 at 444,000 shares?????? Its these manipulating crooks at it again.
Someone pleaes post a snapshot of L2. I bet some MM decided lets sell off 1/10th of what we have real cheap, drive the price down to T1, and we'll make a killing buying up all the shares there and sell em back to the fools at higher levels.
1 Billion on the BID...20 mil on the ask at T2, I even wonder where all those cheap shares are coming from. Let's see, I'll start buying at 0.01, continue buying all the way down to T3 and get scared and sell it all off at T1.....sounds like a plan. MAKES no sense. Well, I guess I will settle into the prospect of being a bag holder. GREAT job at ruining the pps all you D&S people. I think I better go take a sedative and hope my ulcers don't start bleeding again.
Just read your post about Scottrade "Bluesheet" violations stemming from 2011 to 4/2013. I guess I am somewhat relieved to find there does not appear to be any direct link to current or recent manipulation that has occurred with GNCP...or am I missing something?
Please, pray tell , on file where?
I for one, flat out do not believe you. It flies in the face of logic and reason, it is almost impossible to reconcile a charge like that with the man's resume and "alleged" good reputation.
I am not contradicting you, I had just not heard that and wanted to hear some detail?
Militia Man I am, , curious, what are you and Pondoro referring to??
Scottrade got fined? For what? This is a very sorry state affairs here, at least it looks like no one is selling at T1. Any significant volume at T1, in my opinion will be the death of this.
My last post of the day. I have to go do something, won't be around for the close, I hope we close at least at T3. GLTA, remember, this Co. has potential of $0.50 by EOY, money in gold laying around in certain claims tailings, Great, reputable, respected CEO, JV, will bring progress towards actual mining operations, GNCP, is an exploration CO., every body that has been bad mouthing the company, well, sorry you got burned or you can't get in at T1....byr for now...
If you are looking to get in, I'll just tell you that I am in it and have been since this past spring. So far I have tripled my money, the stock is holding strong from lower levels with the recent move up, the stats on the company are very good, company is trasnsparant , has a good business model and is making money, real profits, we are awaiting a scheduled CC, to find out what developments have occurred with respect to some very very big deals in the works in Ghana and other places. So, I am very confident in this company, many are holding shares tight and trying to acquire more. Historically this stock has been quite, relatively low volume compared to some, but BIG things are on the verge of happening here soon in early to mid Feb. If you are looking to make a quick buck by flipping on a tick or two ...go away.. this aint for you
3's starting to pick up, we may have a good afternoon....still too many on the ask selling into the bid
Good to see ya! Maybe its just a slow day, after all slow days do happen. Overall, there is a lot of fear out there in the market place, people trying to figure out what to do. I hope Gold goes up, although I have not seen a direct correlation between price of Gold and GNCP, maybe a loose one, but I figure it can't hurt.
ell that was a nice slap at the ask 5+ mill, maybe if we see more of that.....
I like many others are clinging to this fact and hanging our hats on Ted.....
I think everyone is holding their Breath and shares, except those have completely lost patience and confidence and have decided to sell off their shares at T2. I personally do not think there have been many shares traded in the past at T1 that these people can be making any kind of profit. Sad, ain't it? Although I am depressed about current affairs and pps, this has been a gamble and a long shot for me from the beginning, I know other people here have many more millions of shares than I do and by all accounts they continue to accumulate or hold. So it would seem foolish to me to take the loss it would be if I sold at this level.
It aint over til the fat lady sings....
Fellow investors in AMMX, I've been in this stock for over 6 months, Do not be disturbed at very slow or even no trading days with this one, it does that, it does not mean a darned thing I have found from monitoring it all these months, frustrating at times, tries ones patience and expectations. But on the other hand, this is a little known GEM and so far it has been devoid of malicious attacks by MM's and Distort and Short people. I am extremely confident that this one is going to be very worthwhile in the not too distant future. My only regret is that I sold off a significant portion here due to inactivity to use the proceed s to try and rescue another investment which is currently a POS, and now I do not have the funds to get back the shares I sold.
Sorry to hear that, but I don't see either of them on the banned from board list. Pray tell what makes some people so sure the Co. has commenced the Buy back? I am concerned as volume is low and slow and the shares on the ASK is so disproportionate to the Bid. This is seeming more like a recurring night mare I had with another "great" company with a lot of promise that it took over a month to recover a minuscule portion of my investment as it went to no bid and T1. (Caution for newbies reading my posts, I suck at picking stocks apparently, but I knew it was risky playing the pennies as an "investment", I am NOT a skilled trader by any stretch.)