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IMO, good news is pretty much responsible for the opportunity for management to dilute into it, but naked shorting can happen 'any time' there is inherent gain/higher value in the pps. When such is the case, MMs can still make money when retail traders are 'waiting'. That's when the mechanics of the trade kick in...while waiting, especially with gain on the books, retail traders are antsy. They like having the green in the pocket too.
Thats when the MMs do their 'best' work. Put a little fear in that comfort or tempt naked shorting to borrow shares. MMs lower the pps with their own dilution (shelf stock). Flood the 'buy'. Shorting takes up (sells to) those buys with the borrowed shares, to begin with, switching that lower buy to 'ask'. Now, retail traders with some gain start to get nervous when they see the next tick down on the buy loaded with buyers at THAT price. Out of fear of even lower pricing, the retail trader begins to sell into the buy too...
Are you feeling those hands in your pockets yet?
Naked shorting, not 'flipping'.
Will this be a 500M trade day?
Dilution is "free money". Only what the buyers pay to obtain dilutive shares is subject to any "charge".
Remember those that bought in above .001? Boy, they paid a helleva fee thus far for doing so...as I sure did buying above that at the start AND continue to pay as I bought even more as the share price slid and my desire to 'lower my personal pps'.
CRAP on a platter, it is.
As I see it.
Decisions made at the management level are predetermined. Any comment by even the CEO after, in this case mass dilution, will be guarded at the least. More than likely, flat out BS at the most.
Unless a SH is in the company fold, expect NOTHING other than placating from management. They will feed you with what they think you want to hear, but definitely not the truth...or they would be liable for providing the caller with advanced notice...insider trading information. At least the SEC would like you to think it is a punishable crime which prevents such activity (HA!).
No, I do not call management.
Just out of curiosity, how does the trade platform work when "a lot of selling with no one buying"??? Seems absurd to me, yet I constantly see posters refer to it happening. Are they inferring that MMs pick up all the shares "sold" and recorded on L2 (which somehow does not count as a buy) and only offer them to "buyers" LATER for a MM profit when 'something' stirs the market for those shares higher?
Yes, I know there is a delay between selling and buying as a result of having the MM structure in place to 'stimulate' the market but for hours??? Days??? Only selling today???? Why I call that thought absurd.
Now a R/S is likely. I would feel more comfortable knowing what the need for cash is for. Now is a good time to let SHs know.
Longs on the hot seat, getting uncomfortable...seeing share value go down the tubes. Die-hard longs here now took a long time in accumulating shares to bring their personal pps down, now somebody is stepping in to grab up gobs of shares a lot cheaper with their pps lower than where my types of longs are now.
Recent gains wiped away in a flurry of high-volume days over a period of a month...with tons of "good news" no less.
5s are next
You have got to know this is not retail trading. New shares, yes. Who is buying, ???
It would be nice if the pps rose to 8s again. I most certainly would want to leave those 6s behind. Does GTCH have news in store to launch the pps over .001 again. GTCH share are sooooo over manipulated. Can it ever return to the supply and demand standard?
Peter, I am not counting on it. Actual agreements passing through legal hands are prone to take longer than expected.
Is there ANY potential for SH optimism for the remainder of this week? I think not.
If GTCH, IMO, continues to sell new shares into optimism or MM encourages more naked shorting, the pps could continue to have trade volume generate pressure to the downside. There remains a firm desire by many retail investors to capture more shares IF the purchase price seems cheap enough (I sure do attempt to buy a few more shares to lower my personal pps). Pricing remains tempting and, thus far, does NOT stir up thoughts of FOMO! Inexpensive shares, give what speculators envision the potential of GTCH, are easy to come by.
AGENDA. A key word to understand as a retail investor. Nothing is uninhibited. Somebody somewhere has an agenda that will stand in the way of your own. Nothing is fair about it. A good element to attach to your own agenda is the ability to overcome, in some manner shape or form, such hinderances... realizing that some we have to live with regardless.
GTCH IH postings, trading endeavors, and personal expectations will never go unchallenged if it even appears to interfere with anyone else's agenda.
A joke? Wait until the MMs gobble up all the bids at 6s. Won't be a bit funny.
Good grief. I think L2 is setting up to take out the 6 bid as well. Damn. Get this dilution shit over with!!!
Retail traders or shorts replacing their naked borrowing are the driving force behind the trading volume...unless 'insiders' (not considered retail investors) have the desire to accumulate for reasons I am unaware of.
I have no experience or knowledge as to how that would work for retail investors. Nice of them to give uncle sam 30%+ for short term gains tax. The logic and rationale needed to accept such a belief is simply not present.
I think our real concern right now is that GTCH desides to take out the 6s as well!!!
TN. I obviously think differently than you. I see buying shares AND KEEPING THEM as the primary goal of retail investors right now. Retail investors thinking on making quick gains are thin here. Not enough to generate the kind of volume to take out a bid above 50M.
That is just how I THINK
My opinions are not drafted to please. Just commenting on what I see as going on. SHs will only know what the status of the O/S is, evidently, on the 1st of each month. I am just guessing of course. Trying to think like I would think their management thinks.
O/S is not a real concern, IMO, if they utilize the cash in making a very wise acquisition, for example. Good decisions nullify the use of A/S in the end. The A/S is their blood line until they actually get some from the revenue line.
Anyone interested in acquiring some shares would be foolish to take out the ask when they need only to add to the bid and wait for it to go over 50M.
The only dumping is more new shares. GTCH could not resist the high number of bid support at 7. Easy to grab and rake in more cash. 100M = $70k in the coffers.
Strong bid support at 7, all depends on GTCH to determine if they are going to sell off more new shares.
Anybody think the trade volume will be high today, over 100M?
I would think that retail trade speculation would have already kicked in and the pps would be well past .002 by now. Am I missing something? What is wrong with 'reading is believing'?
IMO!, you hit the nail on the head!
Can anyone provide the means of lessening my anger? For over the last 4 weeks, GTCH has done nothing but provide information that is VERY positive in regard to their profitable future. Yet the resulting trade pattern has shown quite the opposite. Not in volume but rather in demonstrating the faith longs have by increasing the pps over that time. 4 to 8 does not cut it.
Events have stifled upward mobility. First, GTCH chose this period of time to sell off new shares. Maybe surprisingly, I do NOT consider them doing that abnormal. Aware of their accomplishments right now, it does not surprise me that additional cash would be required to move forward at this point. IMO, GTCH is doing the necessary thing to get their ducks in order to catapult to a new level of doing business.
What really angered me is how easy it is for the MMs to manipulate the market as well, contrary to the concept of supply and demand. IMO, the ONLY culprits in holding GTCH's pps back is MMs in cahoots with Naked Short activities. It is criminal (really) and yet SEC is intent to do nothing about it.
Even with the influx of new shares into the O/S, IMO, GTCH's pps should be well above .002 with all the shares being bought up into tight hands by LONGS expecting to hold tight for a year or more. The reality may be that even though the O/S has mushroomed, the float may have gone down!!! IMO, only the 'borrowing' of shares and its dilutive effect when the MMs drive the pps down to accommodate naked shorts making THEIR profit when they replace borrowed shares with less expensive shares (either from retail traders selling in an effort to save gain or fed through GTCH selling new shares into the rising volume - shorts get their profit while longs see the OLD base pps return!
Not really an opinion of yours but rather from GTCH. Yours is stating the FACT that GTCH has announced it has developed the SW capable of doing just what you said.
Any concern I may have regarding truth is not from what you said but rather the idea that GTCH is giving us the whole truth. By the recent PRs/notices, the level of my concern is NIL.
Let the truth be known!
Pretty obvious. Timelines are set as a planning device - a milestone to adhere to. Understand also that, IMO, talk/meetings on the subject occurred prior to ANY public announcement. Timelines are NOT set in concrete.
I am at ease to consider what is in store for GTCH. Time to accomplish is just another PITA I have to deal with.
Where else are you going to go? Odds better here than anywhere else.
Amazingly, any retail buyer that wants GTCH shares can have all they want at current price - yet gain is missing amongst us all! There is not a single long here, I'm guessing, that thought they would still be able to buy at 8s after all that 'positivity' has occurred with GTCH over the past month.
Yet here we are.
With my personal stash during the ups and downs, I remain red...
Well, I guess dilution is not over...
MMs do NOT have much reserves at 9s. Shorting is nil. Big risk to short now. No borrowing for naked shorting to dilute the demand for GTCH shares. May be looking at a 100% up day.
MMs are talking! They are going to have to release their hold on OUR pps...
trips will not last past 10AM!
Any retail trader wanting a BIG 2023 Christmas gift, better take out those 8s and 9s.
If today is not a 100M trade day, I will eat my shorts!
Any newbie unable to start collecting shares as of today is going to lose a great opportunity. NOW is the time to buy shares. GTCH has sufficient proof to expect a massive increase in its revenue streams. Sure there will be a time delay for it to show up on Qs but their appearance is a given.
Same with the TREN and BNIX deals. Too rich for the other parties to miss out on! Done deals as far as I am concerned. Again, revenue from these deals in addition to GTCH's share of each company's shares will continue to appreciate.
Speculation is where the line is drawn in winning or losing in the investment game. Timing. Right place at the right time.
GTCH should be on every trader's ticker list that has high potential for gain. But you MUST buy to prove your speculation has merit!!
hey TN, I get the impression that there are two aspects to the Omega Project. One is the SW advancement noted in the PR today. The other aspect is the actual development of an entire new line of chips... 3D structure development.
I didn't feel that today's PR addressed the chip manufacturing aspect but rather the SW upgrade in permitting current chip manufacturing facilities to upload this new SW capability and IMEDIATELY realizing manufacturing time and money savings.
I think GTCH has TWO things going at the same time, you disagree?
The US Patent Office is geared up to process any high technology patent requests that ESPECIALLY highlight advancements in chip technology. GTCH has MANY such requests not only for AI but the chip industry specifically. Economy of scale with potential to bring back chip manufacturing to the US is in the forefront of the Biden Administration. Subsidies galore as I understand it.
If a small company like GTCH intends to generate/maintain their own production capability, funding with great acquisition opportunities is in abundance IF GTCH has the 'right stuff'. I very much think they do. With shares in hand, I am excited about the great potential that will be revealed by GTCH over the next 6 months!!
Today's PR SHOULD push GTCH over .001. Unbelievable that it is not there already. This new patent is "in the bag" and SHOULD be a great revenue generator. The OMEGA project.
Now, how will GTCH move forward with such an advanced tech? Royalties from the 'many' or an all-out buy-out? An RM?
This should add some real weight to any investor's perspective regarding GTCH's future revenue generation capabilities!
If anyone reading this post doesn't have a stockpile of shares, better get at it!!!