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Please post link as to what is being referred to here. I’m out of the loop on this one.
We saw billions of shares get bought up over the past month which took the stock from no bid and 9 MM’s on the ask at .0001 all the way to .0002 on the ask and 6 MM’s on the bid at .0001 at one point. If the company were selling, we would never have gained that much ground on the ask. The buying pressure stalled, and now were waiting for news of funding. In the meantime, folks looking to jump in and out with a profit are losing patience and slowly trickling out, which in turn is drying up the bid. All IMO, but thats how I see it. I just don’t think we’re seeing the company selling, but please, don’t misconstrue this as any kind of opinion as to what those on the board should do concerning their investment here.
That document was posted on this board at least 2 times since it was released. I don’t believe we’re seeing dilution, just more people who got in at 1 and are tired of waiting.
480 million x .0001 = $48,000
This doesn’t have anything to do with “fairness”. There simply aren’t many sellers at 1 or buyers at 2, but there are a ton of people in line wanting to buy at 1 and sell at 2. Now, if all of those people bought at 2 and waited to sell at 3, we’d see movement. Do you have GTC or AON orders in? This will affect where you end up in line.
I doubt we’ll hear anything until it’s a done deal. Until then, we’ll continue to trade sideways IMO. The important thing will be to show a bid the day before news of funding comes out. That’ll will be the launching pad we need to get this higher.
Agreed. And starting the next leg up with a few MM’s on the bid is huge.
Reminds me of high school
Never saw that. Give them a call.
Thats one for Slopoke, he enlightened the board to it when it first appeared. It means Offer Wanted, but I don’t recall the details.
Executive Summary GDT TEK, INC.
https://s3.amazonaws.com/staticassets/attachments/23/GDT_TEK_Corporation_-_Executive_Summary.pdf?1280621793
Its accurate. There may be some lag by a second or two but its good info.
Looks like MM’s are done with 1’s and are ready to see some 2’s move.
Kriell is the company that developed the technology and built the device which has been operating. Thats who gdt tek bought the rights from. It's in the first set of PRs from June.
Its just thinning to the point where a couple million makes the difference between bid and no bid.
What stock doesn’t plateau after a major move? “Major move?” you ask. I think so. We’ve had weeks of promising PR’s, a webinar where the company answered shareholder questions and have traded billions of shares. We’ve even had one board member (Global Stock Advice) who claims to have cashed in for a 100% gain last week. Now were hovering around a 1 bid and a 2 ask until we get another batch of updates which will move us up. Granted we’ve touched no bid a couple of times, but it only took about 12 million shares to put us there today. That tells me theres hardly any 1’s left out there and those who were fortunate enough to swipe them the past two days will do really well. We’ve had a run for all intents and purposes, but its by no means over. We’ve gone from a no bid, buried 7 MM’s deep to creating a pretty solid base here. Not bad for an O/S of 20 billion.
If someone is in this trade for 100% gain, there's obviously nothing wrong with that. However a 100% gain, which is an extremly good return in most facets of trading, isn't enough of a return for a risk which involves a possible 100% loss IMO. My point is that sub pennies are way too unpredictable to try and trade as you would a stock thats valued in dollars. There are a number of tools and strategies that are available to those traders which don't translate to subs because of the wild and sometimes nonsensical swings that subs often take. You come into a trade with a strategy that says "I will close out the trade when my goal of (x) pps is reached, based on the information I have". But because of the unpredictability of subs, you have to be able to weather the intra day noise. You have to allow the risk which you've already taken by putting on the trade in the first place, an opportunity to return a reward proportionate to that risk. That's difficult to do if losing the money you've put up on the trade is allocated so poorly that it can't be allowed to run. In otherwords, if you can't afford to lose all of it, you can't afford to trade any of it.
I don't undertand why anyone would jump into a .0001 stock (the riskiest possible endeavor), only to get cold feet and bail. No offense to anyone here but, what are you doing betting on sub pennies? They're subs for a reason, and its not because they have a successful track record. Granted, GDTK seems to be doing and saying all of the right things that are indicative of a successful company. But if you've made the decision to wager your hard earned cash, you have to give the position a chance to develop. When I put in a buy order on a stock like this, I kiss that money goodbye. It's as simple as that. Without that mindset, you put up the risk, but then yank it before realizing a reward that's proportionate to that risk. It's all IMO and there may be good arguments out there to the contrary. But if you need GDTK move from .0001 to .0002, then you need to be in a mutual fund instead. GLTA
GLTU Anvil. I think there are many who share your sentiment, which accounts for the activity both today and Friday. It seems as though there are a plenty of folks on the sidelines who are ready to snatch up 1’s as soon as they’re available. Theres more churning to do, to let those out who hoped for a quick momo play. Perhaps there will be another opportunity for you here in the future.
Whoa, Toucans in the house. We’re legit. Good to see you here.
YAHOO message boards.
Where banned IHUBBERS go to wallow in their insignificance.
All the company has to do is get ONE site up and operational (new site generating income, not test site which already exists) to debunk any naysayers. Until then, I’ll continue to have that sinking feeling whenever I see a selloff like the one we had Friday. Granted, as GTM has mentioned, Seamless paid for many services via free trading shares, and that could well be what were seeing come home to roost in the form of people taking whatever they can get (.0001). It also may be people who got in at .0001 a week ago and wanted out when the pps didn’t move any higher than .0002 (short term traders). As suggested it may also may be simple MM manipulation. Regardless, it’s unfortunate that those of us who have been here for 1+ years may find it difficult to get overly excited about the recent PR’s, as in the past they have been used by the company to generate momentum in which they diluted into. That being said, I believe Bo Linton when he says there will be no further dilution. Whats not stated however, is whether or not he’s counting the convertible shares which have been doled out and may not have hit the market yet. The long and the short of it is, I’m a gambler. And as such, I’ll be here until I win big or lose everything. We’re reaching the point (as indicated by Al Reda’s history) where the company goes dormant for a while and then comes out with a new business model and slew of PR’s to entice a new generation of “investors”. Bo Linton being hired as president shows me that this time is different; and that Al Reda sees theres much more money to be made by running a legitimate business than by swindling people out of their money 1/1000th of a penny at a time. Theres simply not enough money to be made to cover salaries and Money TV appearances ($17K a pop) by continuing to dilute a .0001 stock thats already been stretched as far as it can realistically go without an R/S. Hopefully for everyones sake I’m right, and they don’t drive this into the ground. Because up to this point, thats all this company has ever done. Thats how we got to 20 billion. All they have to do is get a single site up and running and all of their history and bad blood goes away.
I believe renewable energy credits are addressed in the revenue model on the webpage. If not, it may be in the latest Money TV interview which is also on the home page.
Cant promise that, but if he stays out of the way, he has an opportunity to go from making a couple hundred thousand diluting stock to owning a company potentially worth hundreds of millions. Thats IF they stay on track.
In addition... The pps was at .0001 way before the Green Tek business model was initiated. The diluted share structure is going back over a year. Bo Linton has mentioned in a number of PR’s that the new financing protects shareholders from further dilution. My honest opinion is that Al Reda bounced around for years from business to business, diluting stock in order to pay himself and stumbled upon a brilliant business opportunity with this green technology by accident. He sees the potential and knows he doesn’t have a clue. For the first time, you see him handing over the reigns to someone who does.
Because Al Reda is a terrible businessman and sold his ass in shares to stay afloat. He seems to know enough to realize he needs to get out of the way if this new model is going to have a chance of succeeding. He’s hired Bo Linton (who has a successful track record in Green Technology) to take over.
Watch the presentation...
http://portal.sliderocket.com/AHCCT/GDTTEK-Inc.
Agreed, and probably a spike post webinar into the .002’s or .003’s
I think the SS was keeping people away. Now we’ll see flippers come in, and if the company wants buy and hold investors, they’ll take care of biz. So far they’re doing and saying all the right things. If they are able to cut the O/S back to 2, maybe 3 billion shares... we see pennies no problem.
When they throw a number like .008 out there, they have something up their sleeve in terms of the SS, IMO.
Watch them announce that they’re retiring shares at the webinar.
Not bidding, buying at the ask.
We lost the bid at roughly 14 bil O/S. Since then the O/S has been maxed at basically 20 bil. Theres a ton of ground to cover. Thats why I keep saying they’re going to have to address this SS.
I don’t use the site enough to justify a membership, but right there with you on GDTK.
I think thats a safe bet. Still looking for them to address the SS during the webinar
It’s pretty bold. Never saw anything like it.
Curious statement from PR:
Linton further stated, "This debit bond finance structure is important to the investor purchasing common stock on the open market, because the bond debit financing instrument does NOT convert to common stock. This helps protect the investors from dilution."
Perhaps word got out of the AH PR. .0001 with $100 mil in slated projects? MM’s might want to rethink their strategy for tomorrow.
I popped out for some personal biz today. Way to hold the fort down.
Showing a bid before the webinar would make for some serious momentum.