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Why I slept good last night...
With penny stocks... I have run into multiple issues and questions whether to own them. Typically, if I like the company, I ask just a few simple questions.
1). Do they have a legit product? Presence etc... Are they past the R&D stage?
2). Are they going to dilute me to the point where it will never go up?
3). Are their PRs real? Belief it or not, I have owned plenty of companies that put out b.s. press releases to keep it afloat.
4). Will it survive?
5). Are there catalysts to make the stock go up?
Answering these questions will help you sleep at night. The answer to question 1 and 3 are important to me. R&D can take forever but Luviva is way past that accept for the USA which is a joke. Press releases: Though we can never be 100% certain, there are too many articles being put out by third parties or references that are not from GT.
1. Chinese company has product on their website.(Matches Chinese PR)
2. Indonesia article from Pankanbaru City (Matches Indo PR)
3. Turkey news article (Matches Turkey PR)
4. Bulgaria news article---GT hasn't even released anything)
None of these articles were written by GT.
Question 2: Outstanding shares--- From what we have been told 68M at this point. Even at 100M the overall value is 100M*.02(Approximate)=2M
Question 4: This has been a question for a while. I think this question has been answered with the Turkish deal. 3M keeps this company afloat for at least another year.
Question 5: The China deal was announced a year ago. Which means they are well on their way of fighting through the red tape to get this product to market. When this is announced, the sky is the limit.
In addition, we may here from India or in regards to the FDA resubmission soon.
Despite the current price which I can not explain. I love where this company sits.
Good Luck
Dave
Any positive thoughts on the day...
I purchased some more at .0161 just to watch it crater again. I am in for the duration regardless. The short interest they sited is a complete joke.
Almost none. Just curious when the blood bath stops. Felt like it was slowing majorly today on then to take a hit the last 20 mins.
Dave
Lowest Volume day in a while...
Only 700K shares traded... I accounted for 140K. Maybe interesting next week. I guess only time will tell.
Enjoy your weekend. Post T trades please. Always enjoy reading about those and any other thoughts.
Dave
I put a 140K block up at .161
this morning. Got 100k filled so far. I guess we will see what the rest of the day brings.
Hope all is well. I would like to think we here news by the end of February. I guess we will see.
Dave
Thank you for your due diligence...
Nice to know how many shares are hanging around. 68M ... not terrible... I was hoping for about 50M.
Interested to hear update about China.
Dave
Bought another 50k
Used my mortgage money. Got some at .0154.
Believe and hope.
Dave
My conclusion...
The people that want out are almost done and that is why there are such big gaps between the bid and the ask.
However, we don't have enough desire to own yet. Once real buyers step in , we will see major days ahead.
Look forward to the month of February.
Dave
Agree with DonCamel... the float is pretty tight at this point...
Tuesday it went up on nothing. When this stock decides to go it is going to explode. Hopefully, that day is sooner than later, but I am in for the duration.
Next week could be an exciting week.
Dave
For at least an hour the bid vs. ask was .0161 ---.019
That is a solid 3 tenths of a cent separation. That is a difference of roughly 18.75%. Can't believe at some level I am talking about tenths of a cent. LOL
Nevertheless, that is a pretty big separation and neither side budged.
Dave
Holding steady... I guess we
will see what today brings.
Dave
My take...
Again, I believe that someone always knows the truth. The beauty of technical analysis is that those in the know will normally show you the way.
If the news is coming out in February, we should see a major move this week or early next week. Though there are rules about insider trading, many small companies that have struggled for so long find it hard to hide their excitement and keep their secrets.
GTHP, my guess, is one of these companies and friends/relatives will begin to find their way to the stock. Then speculators and technical analysis people with join effort.
Again, where can you find a company like this? Btw, if anyone on the board has a couple of good companies to look into I would appreciate the information. I always do my own due diligence, but I love looking at new opportunities.
Dave
Let's get some follow through...
today. Yesterday, definitely showed signed of the turning point. Monday was extremely weird how it acted and Tuesday had a nice yet small(25%) breakout. Yes, (25%) for a 2 cent stock is small. Liked the volume.
The last two days are some of the highest volumes we have seen in the last month.
Good Luck to all
Dave
Today was extremely solid...
The bid was solid all day and my phone was going off with alerts which was nice. Love to see a green day. This may be the first time in the history of this stock that a portion of my shares were bought below the stock price, lol.
Godspeed--- can't wait to see some follow through tomorrow.
Enjoy
Dave
A positive day should be here...
Personally, I figured Jan was going to be a nice setup month going into some real news. Unfortunately, it has been another "red letter day for the Baileys".(It's a Wonderful Life reference)
Yesterday, looked positive the entire day even my Ameritrade account showed the positive purchasing only to end up at a low. Yesterday, seemed manipulated to me.
I think we are less than 40 days away from substantial news that changes the perception of this company. By March 1, I think we are in a different state of mind.
Dave
Weird day... Any thoughts?
Thought we might actually end up in the positive for a change. Looks like there was a fair amount of purchasing, but we ended down again.
Dave
Feel like we are battling for the first time...
Funny, I get a little excited when it moves a tenth of a penny.
Enjoy
Dave
Still struggle to see all of the selling...
I don't really understand it ... even if they are converting shares. It seems as if they would hold onto a majority of them. I know there is hedging involved.
Dave Mackey
Doncamel... Make sure your subject line
is better and doesn't throw anyone off. It initially reads bad, lol. As many others view this company and CEO as a failure, I do not.
I think the CEO learned some hard lessons about FDA approval and toxic debt that I hope he won't repeat. Should he have known those lessons before becoming a CEO, probably yes. Unfortunately, that is water under the bridge.
The reality is that since then, he has kept the company afloat, removed his mistakes(Toxic Debt), re-engaged with the FDA, struck several potentially lucrative deals without too much dilution.
GTHP is a different company now. There is a reason at the bottom of every mutual fund prospectus, they say "Future performance may not be correlated to past results".
Dave
Trading thought...
I did a quick calculation on how much money has exchanged hands since Dec 1 on GTHP.
I used 34 trading days an average price of .03 and 3M share daily volume.
This is where I think we lose perspective. So far in the last 45 days which includes a 13M share day, we have traded a whopping total of $3M.
We are trading an average of $90K per day. My guess is several times this board accounted for 30-50% of the that number.
My point is that we are not known by anyone. We are a .015-.03 stock in an amazing industry that is about to become known.
Back to back announcements, concerning CFDA and funding for next FDA piece, will get us known. The beauty is that I believe that is less than 90 days away.
I can wait that long.
Dave
A positive outlook...
As a previous broker during the internet craze, I have been through this before. I have lost many and won a few.
I have always been torn between technical analysis and fundamental analysis. I am a data driven guy and can crank numbers with the best of them. What I have learned over time, however, is that not all of the information is known and that is where technical analysis comes in because people always know just not always you.
Fast forward: The stock price and chart is obviously my major concern. What is it I don't know?
What I do know--- Is that I am not alone in my analysis.
Stock report written Dec 16--- From an analyst, hopefully unbiased. Decent written report... and he touches on the need for catalyst.
China--- Check Chinese website, Not a farce. Partner seems legit and moving forward. We have a year under our belt on this partnership toward CFDA. This isn't just beginning, this is well on its way. Most likely 2018 more than 2019. Huge Catalyst. If you believe Comstock, we could hear solid updates within a month.
India--- Distribution agreement. Distribution agreements are normally noise until sales develop. However, this agreement does represent the largest or 2nd largest country in the world, population wise.
Turkish agreement is what made me double/triple down. This is an licensing agreement and purchase agreement without dilution. 3M licensing agreement is awesome because their cash burn really isn't that extensive and it is a great lead in until they receive FDA approval investment. In addition, that distributor believes that it can recoup their 3M by selling GTHP product. For them to recoup 3M product, My guess represents $25-$40M worth of sales to GTHP.
Finally, repeat orders. My guess is the orders from Africa may have never been filled because we were so cash restricted. They may have cancelled for all I know. But Indonesia is obviously working and working well. They have ordered more and GTHP should be ready to deliver those machines this year.
Name another .02 company with less than a few M market cap that has a legit/proven product with repeat orders that is working with 3 of the biggest 4 population bases of the world in one of the hottest topics(Cancer research and Diagnostics) of the last 10 years.
Too many lightening rods for us not to go up and up significantly.
Dave
Some bigger trades for sure...
Not sure if that is good or bad.
Dave
Continuous pressure...
Would like to see a little reprieve... lol.
Dave
Picked up another... 50K...
shares this morning at sub .02. Of course, it went down right after I purchased the shares.
I have never purchased shares and had the stock move up afterwards. It is almost comical. LOL
Dave
Nice find Doncamel...
Not sure that is everything that is occurring but it might be some. It does feel like the last few weeks have been a little rough.
I am as disappointed as anyone but the story still rings true. Hold the course. My guess is February will be super. Good news within months.
Dave
Great job on the due diligence. Look forward to the next few months of real announcements/
I am purchasing more Tuesday or Wednesday.
Dave
Actually excited... to move up Tuesday after today's actions. Seems like we had some real buyers coming in for the first time.
I loved today's action.
Dave
Is it possible that we end positive... today. Probably the first time in 2018. Hope so, looking forward to a great few months.
Dave
Any idea of how many shares we are talking about...
converting. Thanks in advance.
Dave
I woke up to see green... first in forever...
Nice not being down, coming up for air, lol. Hoping several months are positively defining for this company and its stock.
Enjoy
Dave
No trade the last hour... Does that mean they are done selling
Or all us idiots on the board have run out of money lol...lol
Dave
Nice gap between bid and ask.
Everyone trying to figure out which direction we are heading. Re-read original turkey announcement last night. How this stock is not higher, I do not know.
3M in cash plus 600 units and millions of disposables. ITEM has to know based on the recent articles, they sit pretty well selling this product.
Dave
Who keeps loading the ask up with more shares?
I would like to see it get taken down also.
Dave
As a favor--- a professional courtesy
Do not post my name online ever. If I wanted it posted, I would gladly post it myself. Very disappointed.
Dave
Alright... Let's kick off 2018 today... Last few days didn't count.
I am stuck inside because of the snow. So I will be tracking and posting frequently, LOL.
I hope some of the pressure is done. I guess if they are converting over then we will experience a little bit more pressure. Still believe Jan/Feb showed be great months.
Dave
Tough day today. I don't mind if it takes a little time...
But it seems that day after day we get pounded. I bought at .03 a couple of days ago too. Not exactly sure what is happening, but it would be nice if it at least stopped bleeding.
Enjoy
Dave
Comblock... Explain please
Dave
Looks like volume drying up...didn't trade for hour and half. Hunkering down for snowstorm 6-10 inches expected in Virginia Beach...??
Dave
Consistent---downward pressure... which I really don't understand. With the wash rule, those that sold, won't purchase until Feb but obviously some people are still selling.
Not expecting anything to be said until late Jan or Feb. But some upward movement would be great.
Dave
Well... I did my part today. I accounted for almost 15% of the volume.
But I am now completely tapped out. I guess we will see what the next few months bring. Excited and cautiously optimistic.
Dave
Bought a bunch more this morning. Close to 200K shares. Now let's get going.
Enjoy
Dave