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I concur. Here is the share volume report to get an idea about who has been buying and selling. Retail investors are the large majority. The clearing MMs (MMs that are used to dilute through) haven't had much influence.
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&SortBy=volume&Issue=gdsm&Month=9-1-2012
Yessir! Like shooting fish in a barrel.
Really. Trades have been mostly retail. Look at a MM monthly share volume report.
Christmas in October.
If I had to make a guess at where this is headed... Based on L2 and action, it looks like 0.002 is the target PPS for whomever is loading. I could be way off.
On the bid trying to pick up cheaper shares. I'm not getting talked out of mine but some will. Tis the name of the game I suppose.
Indeed the letter is good to see. The 100K isn't a problem and I'm not concerned about it one bit. As a shareholder, a 6-9 month wait for an uplist will be well worth it.
Do a search on "corporate haven". That will explain why NV, DE, FL etc.
Well, I don't like where the PPS is anymore than anyone else but it is what it is and there isn't much I can do about it. I just look at the price and volume history and know that the stock can perform (usually unexpectedly) and I will still be here when it does. I've seen weakness like this and then the PPS shoot straight up out of the blue.
Bottom line... accumulation is occuring. Shares are being bought at this PPS level by investors who want to make a profit. If 0.002 is our new base for our next 6700% PPS increase... I'm fine with that!
That is not by order of GDSM. It is the policy of Continental Stock Transfer & Trust Company to not give out the share sturcture verbally. Marc is aware of this concern and stated that he will be changing transfer agents. Once they uplist, it won't be an issue.
Exactly. Come to papa!
I'm just posting what WSRA said themselves. I am going to believe something straight from a company over a fabricated "e-mail".
From WSRA's own shareholder update released just over one week ago...
Western continues to work closely with GDSM for the development of the Gold Star properties as they pursue the necessary funding. GDSM also remains committed to the financial support of the Azurite mine. In addition, we have made available to GDSM additional mining properties for their consideration which they are currently evaluating. GDSM is currently setting their priorities and communicates with Western as to their progress.
That depends on what time scale you use. If you only look at the past few days, then yes it is in a downtrend. However,on a medium time frame, it is actually trading on the bottom of a sidways channel. Accumulation continues to climb.
To be exact, since June we have had 47 green days and 45 red days.
Atcually it is GREEN GREEN RED RED RED GREEN GREEN RED RED GREEN.
Mr. Chaffee does not talk (write) any thing like that. The only scam here is the claim that Mr. Chaffee wrote that.
Sorry but it doesn't work that way. No company can issue a series of shares in an amount greater than that series authorized share count. The A/S for GDSM common stock is currently 750MM. Unless an increase in the A/S is filed for, that is the maximum that can be sold. There has been no increase filled for.
I would suggest studying SEC regulations since the ignorance of such will lose an investor a lot of money.
Well...
It became apparent that before continuing with a merger, the Company needed to complete some things that would strengthen its overall potential value. With both parties agreeing that this needed to be the Company's priority, we have decided to seek more of an advisory relationship with some key individuals rather than a merger with IGMR at this time.
GDSM had an impressive show of strength today.
I don't know what PR you read but it definitely wasn't the latest one from GDSM because it said pretty much the opposite.
That is 1.94 Million
I've had sentiments like that on some stocks in my early trading days and missed out on $millions (literally) because of selling too soon.
Not this time!
I can't imagine why.
Yes! There is a lot of interest here.
I feel sorry for those who don't understand the MM manipulation in this market. There are going to be some sad individuals who lost all of their shares to a stop loss. The MMs know exactly how to scare the shares out of the nervous and impatient.
It looks like a large holder (~5mil shares) exited today and a few followed (maybe unintionally). I watched the L2 during the selling... all retail. E*Trade strikes again.
Gotta love stop losses.
This statement is very important...
"With both parties agreeing that this needed to be the Company's priority, we have decided to seek more of an advisory relationship with some key individuals rather than a merger with IGMR at this time."
It has been a long term goal of GDSM to uplist but I think that Marc is now realising how important an uplist will be to move the company forward. From what Marc said in the PR, it sounds as if he will focus his efforts on just that. It will take some time but once complete there will be a completely different sentiment about GDSM. Uplisting out of the pinks is huge.
Yes it is but in order for investors (both retail and private) to truly take GDSM seriously then they have to become fully reporting. This one step is more important than any JV or merger IMO. Many more doors will be open to them once completed.
I agree, it is a legitamate question but it is too early to ask it.
It is too early to answer that question since the JV is still a work in process. The questions that investors should be asking are...
What good COULD this JV do for GDSM?
...and for every stock purchase...
What entry price am I comfortable with?
How much money do I want to make?
How much money am I willing to lose?
How many shares do I want to have if and when this takes off?
Those questions have to be answered by each individual invester.
The toughest question of all:
Do I invest and risk losing a little money or do I not invest and risk not making a lot of money?
To that question, I'm deep, long and still buying.
There is no guarantee in ANY market that a stock will perform as an investor would like for it to. The appeal of this market is the volitility and potential for huge gains in a relative short time. GDSM has a history of such gains (last one was 6000%+) and for now that is plenty for me to wait.
Also, the probability for greater potential PPS increases has higher highs are made. GDSM went to 0.01 and fell back then went to 0.034 and fell back. The next PPS high will be higher IMO.
The bottom line is simple... if an investor is not comfortable in the risk/reward ratio of this market then they shouldn't invest in this market.
Still in accumulation mode. Float is getting tighter every day. A strong base is being formed at this PPS just as it was formed before the PPS increase to 0.034. When this one takes off again, we will be starting from 8-10 times above the beginning of the last run. IMO impatience and flippers are controlling the PPS right now but that will change quickly with buying pressure. It is taking less and less volume to move the PPS up and once us "bulls" are back in control we will see prices above our previous high IMO.
The progress on the roads is a big step in the right direction IMO.
All I have to say is if any investor in ANY market invests on PRs only and doesn't do some deep DD, any loss they may realize is deserved.
I've been here for years and have done massive DD. My conclusion is that this is an opportunity to make money so I buy. Anyone who disagrees shouldn't buy. End of story