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pretty much 12mil to 3mil buy/sell...
i would certainly hope that GTLA gets a better promotion deal than what they had with orion, having to issue that many shares, which only diluted the company.
despite the relatively low volume, i'd say we are starting to climb a very, very, very high flight of stairs.
Orion no longer handling GTLA may be even bigger and better news than the PR put out on friday! XD
are you referring to orion? do they no longer work with gtla/cts?
buy/sell volume = roughy 30mil buys, 5mil sell
ive been holding this stock since september2009, and this behavior is nothing new. lives & dies by the PR, and will continue to do so until a solid PR with revenue is put out. the stock continues to dilute itself through orion, and with a float this big, it's gonna take a LOT of activity (we're talking BILLIONS, not hundreds of million) in volume to make any true PPS difference.
we're also going to have to blast through the flippers if we want any chance at holding a basic level such as .0003/4. too many people wanting to bail out at .0002, and of course, orion and other paid promoters are dumping their shares at .0002 to make their dollar.
despite all this, i still remain optimistic on this stock...i think that fitting all the colorado state financial regulations regarding medicinal marijuana, having their own supply, and being fully liscensed as a dispensary to produce/sell their goods is enough reason to be optimistic. its just a matter of when they can start reporting on the income.
the biggest win here is in the realm of my own hypothetical...but im thinking that GTLA/CTS is pretty confident in their organization if they arent going for the 'fireworks' PR effect (evident by the friday release). possibly a good sign?
i think they were expecting it to drum up a lot of attention over the weekend...i wouldve released it this morning as well. deeming that we're still under 50mil for volume, nobody was paying attention over the weekend, or they are waiting for a bigger PR this week. *shrugs* this really isn't anything new with this stock...hence my prediction that by weeks end, we'll probably do no better than holding .0003, and thats at best.
i have a bad feeling that if we dont break 200mil in buy volume by noon, we're gonna have a sell off that keeps us stuck at .0002
Here's an interesting article.
http://www.usatoday.com/money/industries/health/2010-04-20-medical-marijuana_N.htm
Towards the end, it talks about new regulations and such that I believe have since been passed...evident by the remarks by Mr. Espinosa about GTLA/CTS legally abiding and fitting by new legislation.
Only downside is that by eliminating other firms (competition) and adding taxes onto the product, they're going to have to, & will, charge more for their product. Could scare some people off from what is still considered by many to be an experimental treatment.
As always, I'm keeping my fingers crossed for this one. If the market is exploding and doing as well as the article indicates, then I believe we could have a real winner here. Good luck to all!
im going to be completely honest with you. although the PR is great and very encouraging, i think the most movement we'll see this week is POSSIBLY a move to .0004, but at best settling .0003x4. we can expect heavy volume on monday, and possibly throughout the week if they follow up with any more substantial PR's.
i've held my shares since september of 09, and this IS the most encouraging news from the company i've heard yet. hopefully we can hit .0003 and hold it.
this newest PR should certainly stir up some attention this weekend...cant wait for a hard revenue report....maybe we'll break back to .0003/4 by the end of the month.
ill bet we close at under 75mil for volume today...and i wouldnt be surprised to see a PR put out after hours today or morning on monday. overall, a busy week for GTLA with volume & PR's, even if it doesnt reflect in PPS.
all buys today so far...albeit less than $10k of trading...
i wonder what orion makes of this.
only way we close at .0003 is if we get another 500mil buys to hit the ask at .0002, imo.
ill be pulling for 3's all afternoon!
well, we seem to be a little stymied here.
shame we're still at .0001x2. it was exciting there for a second earlier with .0002x3 XD
perhaps everyone is at lunch XD
it'd be nice to see a move back to .0002x3. we've got to start pushing these higher shares...
I'm not expert, but I do love seeing the phrase "amplified revenue" in a PR. XD
maybe we'll break a .0003 today. who knows!
this is probably the most encouraging PR they have put out so far...unfortunately, we probably wont see any movement in PPS tomorrow....almost certainly high volume, but chances of the ticker moving to .0003/4? sadly, i'd have to bet against this one.
same reason why the PPS never moves. all those shares issued to put out this PR are gonna be sold off and presto, back to square .0002
but guys, i'm reeeeeeeeeeeeeeally hoping im completely wrong. i want this thing to run as much as the next guy =)
still a good PR, i just hope some sales figures aren't too far off in our future.
best of luck tomorrow!
orion dumps more shares as the day goes on...
it's going to take more than just a good PR to get this stock going.
we need some revenue information, some wicked good sales report to give this thing a push. i think the stage is being set for a good, strong run, but until we see that they are actually making some money here...we're going to be static, and at this level, thats not good for anyone but orion.
I've held stock in GTLA since september of 2009, and i can attest to this dilution. it seems to be the only way of holding their spot on the radar, by issuing shares to pay for PR's. the selloffs occur almost as if on cue lol mostly because the company will go for stretches without any PR's.
personally, i believe once we get a revenue report or Q1-Q2 earnings statement from their dispensary(s) we can finally get on some quasi-solid footing. this last PR only stated what many of us already know. it didn't quite indicate that they were actually tapping into the $40 mil + market. *sighs* im holding my 32mil shares until the cows come home, i think one good financial report and this thing runs like lola.
so...if i understand the bold section correctly, they have already sold the shares that they were issued?
i wonder if they charge them that many 'shares' for each PR...
thank you very much =)
i suppose thats mildly encouraging...where do you get that info?
ive got a bad feeling that the heavy-ish volume has come from mainly sells....=(
it is nice to see the .0002s being held, rather than "holding" .0001s....
maybe management realized it was dumb to continuously dilute the stock by paying for PR's with issued stock? *shrugs* i dont want to see anymore PR's from these guys until they have some cash on hand to pay up front for a PR. until they do that, the PPS will remain stagnant.
unless, of course, they have some major barn-burning news that will shove a rocket up this stocks *** regardless of what the recipients of the issued stock do...
do you have a credible source for this, or is this just your opinion?
well, this is extremely disappointing.
i really hope that they are waiting to release some big news or something...because at this rate, we aren't going to break .0003, never mind .0004-5 until august at best. *shakes head*
it'd be nice to get the PPS at least up to .0004 before the end of the month...i was reading on here about a conference in april i believe?
personally, i think we're destined for a R/S. i said it before, and i realize the IR people have that it is absolutely not in our forecast. but at the rate they are giving out shares, and considering the effect that has (sweet dilution, baby!) i think that GTLA goes for the R/S in june if the PPS isnt above .001 at that point.
couldnt agree more. buy & run. i think the flipping burnt out over the course of last week =)
can only imagine what the volume will be like this week!
im expecting a close tomorrow of .0003 with very high volume. i think we could very well have a PR tomorrow after hours, and finish the week at .0005 if all goes well.
thank you!
could you post links to the other boards you read? i'd like to see what people have to say there as well. thank you!
so the merger is complete! im still maintaining that they have some sort of profitable business plan in the works. none of this would be happening for a non-profit group imo. i think its great that they are looking to expand into other states, try to make some 'green'... ;)
the stock price being this low and the lower activity tells me that a fair number of the pumpers/small-time flippers have taken off. hopefully we can get a nice run on this stock mon/tues/wed =)
if the flippers would let this stock run a little, they'd be able to pad their accounts a little more. in the meantime, we'll have two types of resistance. MM's, and the flippers. XD
" About GT Legend Automotive Holdings Inc.
GT Legend Automotive Holdings, Inc. is a Nevada research and development
corporation."
thats from the bottom of the newest PR from today. looks like they dropped that automotive label a little bit? or at leas are in the process of changing it.
for the skeptics: i fully realize what the concerns are here, and they are completely legit. call me the optimist but i can't see GTLA moving towards a position that won't yield any profit...there must be plans for a profitable operation with CTS. (profitable for shareholders too, not just the head-honchos XD) I would suspect some kind of dispenser move of some sort. who knows. but it'll be something.
also, for the constant .0002-3 moving today...i would assume we have a LOT of flippers to push through before this stock can make a run. think of how long we were dwelling between .0001-.0003 and now consider the long-time holder seeing the possibility of moving to .0004, and how they may want to just get rid of this stock for a quick gain....this will take a little bit to burst out. i believe we will, personally, but we have to blast through these flippers first.
all's quiet on the gtla front.
March 1st...lets see us march to some green by getting that MOU signed this week! i would love to see us just hit .0005 within 2 weeks.
oh believe me, i know how great this opportunity is =) i hope everyone is able to take advantage of it....still, an odd couple day dry spell if you ask me.
but like i said, i hope everyone was able to accumulate a bit =)
tis quite a shame to have to average volume in the 2mils when we should be avg. around 15-20...but thats just imo from looking at some of the charts...>_>
could be another rough day for volume...