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Great link Steve! Wow, that gives a lot of good stuff to chew on.
Hope someone can follow up on that to see what Century Link has done with Cool-n-save in the past year and a half.
'rock and roll' (sorry)
I look for a tout service to be employed sometime in the next 3 months. When that happens, we will 'rock and rock' on the PPS.
IMO
Sounds good Steve.
It used to be considered by some as Un-American to BET that a stock was going to go down in price by "short-selling" it.
It is my view that the ethics behind someone deliberately trying to CAUSE a stock's price to go down is questionable.
Maybe someone at Scottrade wants to pick up GDGI shares at under .003.
This what is posted in the "recent news for GDGI" section on the quote page of the Scottrade website:
__________________________________________________________________
"Greenway Design Group, Inc. (PINKSHEETS: GDGI) -- The last two quarters of 2012 were a very disappointing time for GDGI shareholders, the Board, and management. The lack of commercial commitments fulfilled was due, in part, to a longer than anticipated approval process which put GDGI behind in anticipated projections, while a fledgling economy and lack of proper funding hindered the residential product."
__________________________________________________________________
There is no mention of any of the positive news that we got last week. With such one-sided information, it is no wonder that the PPS is only .004. Maybe someone aught to call Scottrade and ask them what is up with that incomplete news report.
Come on people! We got big news last week. Just because the market hasn't figured it out yet that it was big news, doesn't change the fact that it WAS big news.
We are waiting on the financials report due out by late April or mid May.
Someone mentioned the stock SKTO here as to producing a potential of 100 to 1 return on investment.
This is a good example of how patience can pay off. I got an alert on that stock on March 3rd of 2011 (TWO YEARS AGO).
It was priced at around .0003 at the time, and not it is running over 6 cents. Now that is actually a 200 to 1 jump.
$1,000 would turn into $200,000!!!
I don't know how MRTX knows that GDGI will see much higher prices by late May, but somehow I think he may very well be right about that.
I think it might be insightful for all if I give you some facts about GDGI's use of tout services in the past. Some mentions by me about this before, but I was not as specific as I am going to be now.
Between March of 2011 and August of 2012, I have received
38 E-mail alerts from FIVE different stock tout services. One series of alerts came between 3/22/11 and 3/30/11 by 2 different services. Another series came between 9/14/11 and 9/16/11.
A third series came between 11/17/11 and 11/21/11.
A fourth series came betweem 6/20/12 and 6/28/12 by 3 services
different from the first 2 mentioned earlier.
The last series that I got came on 8/22/12 and 8/23/12.
Note that the time frames show that Ben and the guy who temporarily took over as CEO on 10/12/11 BOTH used stock tout services. Note also that the first series came in late March of 2011.
This gives me the impression that it is a VERY good possibility that GDGI will use such a service sometime in the next 3 months.
As some of you already know, a tout service will boost the PPS higher than news alone will.
Has someone verified that the total debt was about 3 million?
My saying that I THOUGHT it was was based on memory which may not be correct.
I would feel better about it if someone did verify the 3 Million figure.
I am willing to hold on to the bulk of my shares to at least the end of the Summer, so I am in no hurry here. May sell a portion after that so I can invest in other penny stocks in the Fall.
My memory is that their total debt was less than 3 million before, so if this is true, it represents a debt reduction of over 2/3 from what they had.
Maybe someone else has the actual figures handy, as I may be off on this.
I get stock alerts from several tout services and most of the time, the stock being touted is in the low penny range
(3 cents to 20 cents) at the time the alert is issued. But I noticed something that happens a good part of the time is that a couple days before the alert is given, the PPS has already moved up a substantial percentage; in fact several times they were subpennies. I remember one in particular that was around .002 that wound up at 20 cents a few days after the tout alert came.
I was thinking to myself that I wish I could someday get in a stock that was subpenny at the time I bought in, and would end up a multiple penny stock. It looks like I finally have done this with GDGI. I have millions of shares that I obtained at an average of just over 1/3 cent. I am going to be very happy when it hits just 3 cents, and it looks like it could go to 10 cents (or higher) this year.
One has to keep in mind that this is a company with overhead and employees. $4 million may seem a lot to one of us, but to a company, that goes out in expenses in a matter of a few months.
A lot of the "negatives" that have been presented here have been shot down, so I am very skeptical that the negative spoken of in the post I am replying to is any exception to this.
A good stock trader has to put their emotions in the background, and one's ego is a part of that emotional structure that gets in the way of making good trading decisions.
Every one of us should ask ourselves, "is what I am doing being motivated by my ego, or is it really good sense".
I am not going to be part of any scheme that deliberately attempts to lower share price further. Even with all the negatives that anyone can come up with, GDGI is still WAY oversold.
The price is going lower because all too many people are just plain impatient. In fact that is the problem with America. Too many people can't wait for anything.
I have to put up with them every day on the road. They make driving many times more risky than it needs to be.
If the PPS keeps going down, I think I am going to have a big garage sale to raise cash so I can buy more shares.
Watching this market now is like watching paint dry.
Tariffs are certainly part of the expense of shipping, and I think some of us are splitting hairs by semantics here.
My point was that GDGI's not specifically discussing tariffs was not a negative; just a matter of them sparing the public of details.
Corrrection:
"Unfortunately, the average person does not read properly, and as a result, do they have the right perspective on things."
Should have been written like this:
Unfortunately, the average person does not read properly, and as a result, they do not have the right perspective on things.
Good going Steve. You have shown that it pays to read carefully.
The proper reading of the PR gives the TRUE perspective on the situation. Unfortunately, the average person does not read properly, and as a result, do they have the right perspective on things.
This is true in all areas of life; whether it is religion, politics, stock market, or whatever.
Frequently, the masses find out what is really the truth too late for them to get the lion's share of success. They say that 95% of those who invest in stocks LOOSE money. In this case, many will miss out on one of the best opportunities in the stock market today; GDGI.
Maybe someone who wants to keep the price down has noticed that you do that, and is countering it by lowering the Ask before hand.
It would have been more helpful to mention how large a perentage the total shipping cost is rather than talk about something that seemed to sound like a shortfall on the part of management.
Lets stay positive here, shall we. We don't want to keep shooting ourselves in the foot.
The goal here should not be to make ourselves look better, but to keep the company looking good.
If one understands that it is part of the shipping cost, then one would know that nothing was hidden.
Do u have a specific time frame where u do that, because the Ask was above the price for right up till about 2 minutes before close?
We need to give the management at GDGI credit for being intelligent. I think they did not specifically talk about tariffs because that is already included in with the total cost of shipping. Let's not look for negatives where they probably don't exist.
Yes, I do believe that a touter will be used sometime in the coming weeks. When it is, look for the PPS to go up even higher than the news would ever take it.
I thought Steve was going to slap the .0055 Ask. What happened?
At about 2 minutes to close, I started to do it, but then the Ask went down to .0050
The report made mention of the fact that shipping costs would be reduced by having someone manufacture products close to the customer. Also, there is greater incentive for the nearby manufacture to PUSH the product, since they will be reaping much of the reward. Those of us who understand how business works know that GDGI will make more profits in the long run under this new model.
So the news is STILL very big, in spite of GDGI having to share profits with a partner.
My view is that the market has not yet realized the real value that lies with the royalties part of the news.
I believe that once it does, there are going to be some flippers and impatient traders who are going to be kicking themselves big time.
When you think about it in the right perspective, that news release was very big and very positive. The only negatives lie in people's heads who were looking for something more usual and immediate than royalties.
Steve;
I have to give credit where it is due. I remember that you were the one who recently posted that you thought it would come after trading hours on Tuesday. That was dead-on dude. Congrats to u.
IMO, this marks the end of shares being bought at sub "on sale" prices.
Well what do you know. This week was my second choice for a news/PR release, and it has come as expected.
Enough of personal gloating; I can't wait till tomorrow's trading session begins. What I am wondering is how anyone can imagine for a minute that the share price will drop tomorrow, with such a good report coming out. I will be surprised if we don't go above the penny mark tomorrow.
Whoo-hoo! Yeah Baby!
With regards to the Geneva project discussion here, my experience with people who answer phones is that they want to give the impression that they know what is going on even if they don't.
Also, they like to discourage further calls on subjects they consider as unimportant or a waste of their time (taking away from their "important" office gabbbing).
Maybe someone here lives close to Geneva, who could do some footwork and verify IN PERSON what the real results were.
I think it is always a good idea to actually read the article that you are citing to make a point. The linked article announced on 10/12/11 that Abe Mathalon was to be the new CEO of GDGI and that Ben would remain as President and Chairman of the board. Unless they switched things back, a lot of people here have been under the wrong impression that Ben is presently the CEO.
Ben was in key positions when the tout services were being employed, and he is STILL in key postions now.
I still have reason to believe that a tout service will be used again this Spring.
I can't "promise" that this will happen, but it is my OPINION that it will.
I tend to agree with Dutch, that we will probably see 3 to 5 cents in the near term, and later on 10 cents.
I don't recall seeing anyone here "promising" that news would come at a certain time. There have been POSTULATIONS of POSSIBLE news that were based on OPINIONS.
I have been watching pennies for a few years now, and have noticed the behavior of many of them that were touted.
Before a tout service makes an announcement of a "play", oftentimes there is a run-up in price a day or two earlier.
Then the tout service gets a lot more people involved in the trading, which pushes the stock way higher.
So evidently what happens is that news comes out BEFORE the tout service "pumps" the price to even higher levels.
As to whether Ben will use such a tout service or not, it is probable that he will. Someone said Ben is the "new" CEO, but the information I saw is that he has been CEO for way over 2 years, and GDGI has used tout services more than once in the last 2 years.
These statements were all made IMO.
Several of the penny stock services that I subscribe to have E-mailed me that they are going to announce a sub-penny play next week. If it turns out to be GDGI, we will be sitting pretty this time next week. I would not be surprised, because some of these same services have touted GDGI in the past couple of years.
I think news will come Tuesday or Wednesday next week. IMO
I have read some posts here that reflect undue worries (and even a couple outright falsehoods). We need to give Ben and his subordinates credit for being intelligent. The consensus seems to have already determined that he is an honest man, so a huge hurdle has already been cleared with that.
Most likely the leadership of GDGI has already figured out a timing strategy in which to bring out news, then sell shares at the right time so as to not create a major dip in price; in order that they can use the funds for whatever is needed.
As with any stock, this one will probably have every kind of investor involved with it at some point. Panic selling occurs quite frequently with most penny stocks, so there is no need to get alarmed after an individual dumps a large alotment of shares; like we saw happen during Monday's trading session.
As far as my giving out time periods as to when I think news will be released, I have qualified most of my predictions by refering to them as "windows of opportunity". The week of February 18th was what I saw as ONE window of opportunity, and next week (beginning with the 18th) is another WINDOW of opportunity that I see. Should the company decide against using THAT W.O., then it obviously will bring out news later at some other time. I have base my views of "windows of opportunity" on my previous experience with penny stocks, and also my knowledge of behavioral science in relation to market movements.
As is the case with any predicter, all the ones who have an ounce of sense in them tell you that penny stock investing is risky.
One has no business investing in them unless they can afford to lose the money they invest. No one has a "crystal ball" where they can tell you EXACTLY what will happen, and WHEN it will happen. I have heard a couple of individuals claim they can "remote view" future events both consistently and fairly accurately. I have yet to acquire/develope that kind of skill, though I have had occasions where it has surfaced in a limited way on a random basis.
We all need to keep our perspectives clear, refrain from panic, and most of all, BE PATIENT. When my Mother saw that I was being rather impatient about some project I was working on, she would usually remind me that Rome was NOT built in a single day.
One guy that was my superior in a sales organization that I was involved with many years ago, told me that it takes 10 years to become a success overnight. Those who are too impatient to wait for success seldom have the perserverance to stick with the task of hanging in there, that is needed to see their dreams come true.