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The Bid moved up to 2 and the ask is at 3....
Alan C, just for laughs and for our benefit...what's the short interest and fails to deliver on GNCP.....should prove interesting..
The ask is at 3 and the trade for 100 shares goes thru at 1....wash trading, manipulation, KNIGHT obviously pay enough of a fine and the others must not think their going to get whacked either.
I seriously question the motives of people denying the amount of shorting going on here, look at the short reports, some days shorting has been as much as 60%, also undeniable is the spike in Fails to Deliver. All theses 100 share bid whack and other wash trades at or below the Bid, all calculated to keep the pps down.
Are there seemingly shady things and people envolved here, quite possibly, are there dubious and shady people posting on this board here, most likely. Personally I am skeptical of both the cheer leaders and the bashers. I have little hope here any more, I want to make a modest profit and get the hell out, mostly because of all the BS both with the trades and the people involved and the general feeling of this board.
512K shares on the ask, comparatively small. Lets see if more at 2 show up.
L2 snapshot anyone? Great Power hour shaping up here..no trades for past 30 minutes..LOL you primordial scum MM's and NSS, you've killed the golden goose, scared every one off, EVERY BODY HOLD TIGHT...Don't sell...Don't Buy and these bastards get burned worse than us.....we still hold the stock and can revive it....in Jan.
Low Volume day for GNCP, all other markets are up, DOW S&P, NYSE, not sure how GOLD is doing, Wonder if its a low volume day across the markets due to the holidays and how much impact that has on GNCP or is it because anyone that's been interested in jumping in is just too scared because of all this nonsense...with all the 100 bid whacks going on and all.
Trying to get a primer on CUSIP, that's all.....
NoDummy, thre is so much BS going on here with this stock, I've had it, I'm hoping it'll bounce enough so I can get back my coin and move on. I don't need this BS in my life. I've been in several other stocks and have not had this kind of crap to sift through on almost a daily basis. What A big big big disappointment.
Do you know any more about the process? What might the unintended consequences be on the small or individual investor, is there a cost associated with it that the company would have to bare? Does it negatively impact trading?
Maybe if the trading volume was alarmingly LOW...like if we all pull our orders, no bids , no sales from the retail....and volume dries up, maybe Ted will wake up and be forced to do something substantial. Fake no interest. The circle jerk guys pack it in...and maybe we rise like a phoenix from the ashes....I'm afraid that just slappin the ask is going to encourage these vultures to play these games forever.
How does a CUISIP work? Is it cost prohibitive for the company to call for such an action?
CSTI, NITE and others playin a big game of circle jerk for every point. Ted needs to administer a poisoned pill to these jokers. Lets keep an eye on the short reports and the Failed Delivery numbers.
This board usually is quiet. I think its because this is a quiet stock, but most believe it is rock solid and does not need much babysitting.....I am disappointed that not much happened after 3rd qtr results PR, I am hoping this is going to go big when 4th qtr numbers are out, and news of developments in Africa come out, assuming there isn't some kind of big political BS over there in Ghana.. The railroad deal(s) should be HUGE... and with that country's need for infrastructure development to support the Oil and Gold finds...Ammx has real big potential... I hope they can close the deals and tings start movin towards the moon.
And the automated Bid whacking program is back on T1....meryy freakin Xmas
Lowenthal had 14mil shares in 2011, ooooo, we're shakin in our boots, what a joke, many people on this board hold many multiples of that amount..LMAO..
Agreed! I sold off another position last week or was it the week before, to support my interest in GNCP by slapping the ask. I'm tapped out... would like to get more even at 3 or 4...but, no money to play with until January, maybe someone will give me some cash for Xmas....I'll buy some Kleenex and some tranquilizers to use as I sit on the sidelines...
At least we are whipsawing between 2 and 3 and not 1 and 2!! we're movin on up.....maybe in 4 trading days it'll be 3 to 4..., check out the fails to deliver report
Do you think the down turn is over? Is it time to get back in this? I jumped out a few weeks ago.
Did anyone else check out the earlier post that had the Fails to deliver report on it? Someone else posted it, I, being relatively new to such matters, don not fully comprehend the import of the report. I think it shows that some Short Sellers could not cover....it take this to be a good thing that should be a deterrant to the Naked Short Sellers, am I wrong? I also wonder what the impact of a failure to deliver is on a person that bought shares from someone that sold short and could not deliver...does the investor not get his shares? does he get his money back?
I just checked his profile, GNCP is not among the stocks he has listed, but he seems to be in 4-5 other mine plays..I like to give people the benefit of a doubt...also I believe if ya give some people enough rope.......well you know how that one ends...got to get going I'm late...see y'all Monday. Have a good rest of the weekend.
Tob999, you think gitreal is not a shareholder??? I don't know. He does seem to be somewhat hostile to the board and to GNCP..agreed?
have to leave now, its been real its been fun but it could have been real fun, see y'all Monday morning...
Well, I suppose you have an argument there not having the particulars of how the Average is defined from the samples.
I do know that in many instances there is a significant amount of non mineral overbarren material that must be removed to get to the good material underneath. If they are saying that the productive material is from surface to 30 ft depth, then it would be the average of the entire drill core sample from top to bottom. But, I do see your point. I am not against you, I just want to understand your argument, you seem to be a knowledgeable person that has done some research. A good explanation of the sampling procedure would be in order ....thanks. I believe you are invested here in GNCP, I hope for both our sakes that things turn out well.
That's almost funny, seeing that someone here has commenced an investigation with the FBI into the matter....I do hope its not true, if it is true and this is all been a scam, well, they are artists at it and have fleeced me but good....if it is a scam, which I am starting to believe it is, I hope the son of B--ch ends up in Levenworth and has to be someones b**ch for the rest of his life.....it was a portion of my 401 K he made off with.
So , maybe I missed something, what do you find wrong with the report????
100 share Bid whacks? what about all the 100 share trades that were less than the bid...or am I remembering this wrong, what about all of us retail people that as an experiment tried to get some of those shares at T1 and none of us got them....not one person on the board claims to have gotten shares at T1. I tried, orders all expired for me, but still the small trades @ T1 go thru for some "special" people.
Personal, I am expecting some BS PR that amounts to excuses for not developing any revenue, "0" from any of the properties or wells that were supposed to be producing oil by December...what is going on with well #11, much touted as having "free" flowing oil...and what about the others we were told about....I refuse to invest another red cent in this company, not even to average down, it would take thousands of dollars in my case, seeing that I bought in at a high pps. BUT, if they get their act together and start delivering oil on the market and reporting some revenues, then maybe, I may reconsider, for now, I think they picked my pocket enough.
If we are buying AIR SHARES from NSS and they can't cover, fail to deliver, does that mean we're screwed and lost our money on the purchase of these "air shares"???/
Oatman tailings?? I missed that and don't understand the reference. BTW, thanks for the links. I am a newbie, started trading in April of this year...not really trading, but , investing and loosing my money since April, I've learned a lot since then and hope I can turn things around and at least recoup losses. I am holding my shares in GNCP inspite of the fear because, its the only hope I have of NOT losing all I put in to the stock, I got in at 0.01...imagine that, and have been averaging down since. Problem is , I'm now officially broke, it pisses me off to see the pps so low that for a few hundred dollars I could have bought what I payed over a thousand for...
If shorts can't cover, Fail to Deliver, does that mean we're screwed and lost our money????
Lock Down your shares? How? Can we demand the physical Stock certs.??? Would having the stock certs in hand help the situation, if we all have them in hand , they are not available to be "loaned" out or borrowed as is a requirement for Short Selling. Someone please help me to understand.
I used the link, posted earlier, to the FBI tip site and made a report and a request for an investigation into the obvious manipulation going on here and the possible NSS attack on this company..I think Every Single One of us should scream bloody murder for an investigation.
AlanC, thank you for your post and link about NSS what can we do? Can we request our brokerages to give us, the shareholders, the physical stock certificates? Would this even help?
don' see how it benefits anyone that the PPS is this low...can you tell me in light of the conversion agreement posted, who stands to gain from this low share price...the company? the note holders, they would get more free trading common shares wouldn't they, or are they looking to get the cash back from the restricted shares they were issued as noteholders? I am confused about all this.
Looks like your 75K trade actually went thru 31 seconds after the bell and is marked Form t and the bastard got a 100 bid whack in 4 seconds later......
n open Hypothetical question to the Board. Would it help us at all if some of us that can afford to do so, stack the ASK at say 4 or 5...I know it would take a bunch of us to put up some shares, and what if we then pulled them all almost simultaneously???
HOOORAY...KUDOS.. to the last trade at 2.....
Deep pocket and those with free trades, get your defensive ASK Whacks ready for the close of day counterattack....12 minutes left, don't put tem in too soon, lets close at 2 at least.....
TOB999, please pm me with Ted's email address. I think we need to send these screen shots to the regulators as well as Ted. GNCP needs a multipronged response to this problem, no one silver bullet is going to do it. GNCP priciples would get a huge PR boost and lift market confidence by showing some insider activity of purchasing some stock separate from a company buyback. A CUSIP wouldn't hurt either. How about that website? What are they gonna show us on the website , they said live activities, might be good when there is something going on. An investigation and cooperation with trade authorities and the maybe the FBI or FED might help.