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Looks like the selling is done...
Everything being bought at the ask. It would be nice to make a run.
Surprised it is still stuck at this level. Let's go .04+
Dave
Like the T trade explanation...
Never understood what you guys were talking about. So it seems a way to provide a more liquid environment for OTC stocks to prevent huge swings either way.
Is there anyway to know if the T-trade was an accumulation of shares or someone trying to sell them? Asked that in a stupid way.
Dave
Volume gone...
Nice for the future.... Expected more tax loss selling.
Dave
Chart does look strong... It would be nice to pierce .04 today. I cannot understand why people are selling. This stock seems like it has nothing but upside.
Dave
Have a hard time... agreeing with
technical analysis on a penny stock. The reality is $100K can change the direction of this thing in a minute.
I'm not saying it doesn't have some use and many follow it, but the fate can change on GTHP within seconds.
Dave
The fear of dilution at extremely low levels...
Has been one of the major factors that has kept this stock from recovery. In addition, the fear of bankruptcy or worse case, shutting the doors. My lessons as a broker taught me fear is much stronger than greed. Therefore, a stock can be overly punished with minimal rationale.
Similar to the previous poster, the $3M Turkey deal helped get me excited again. I know it is not as big as CFDA, India, or FDA, but it was done without dilution. In addition, it showed me they are not in danger as everyone expects.
We seem to be diluting in extremely small amounts $50k at a pop which I can handle. Furthermore, tax loss selling is occurring because many individuals are quite happy to dump this stock and take their loss.
Ironically, as do many on this board, I would be buying the heck out of it right now. The industry they are in is a lightning rod for investors. They have two of the big countries in the world lined up to make an announcement in less than six months and already have Inodnesia which I believe is top ten placing repeat orders. It doesn't get any sweeter. After the wash rule(30 Days) people will begin to dip their toes again. I project .50 cents by tax day.
Enjoy Dave
I disagree that this won't move until real news. Currently, the stock is priced well below its inherent value. Once tax loss selling is complete, we should be able to move to a reasonable level which is at least double digits.
Maybe, I am wrong, but the technical look sound for the first time in a while.
Again, I am long and strong so I hope it goes.
Dave
Bought my ex-wife some shares this morning. It better go up or I will never hear the end of it. LOL
Got aggressive and bought at .032. Plan to hold for a while and see what transpires.
Enjoy
Dave
Battle being waged between .025 and .027. I like where it sits maybe it ends up for the day. May grab some more Monday.
We shall see.
Dave
Only 4M shares traded yesterday... I mere $200K at .05 and it moved well...
Let's see what today brings.
Lovin it.
Dave
Doncamel...
Great post as usual. As the stock grows and gains more credibility, it should skyrocket off of the bottom here. Ironically, in a few months, people will wonder why it was down to .03 to begin with.
I holding for the long term. I want to see what will happen next year.
Dave
Nice movement... Reality is that we should be buying more...
Happy with my position but wished I owned more. I guess we will see how things end for the day. The reality is this stock is so undervalued it is insane.
Enjoy
Dave
Like the action today... looks very positive... hope it continues...
Breaking through that 3-4 range would be nice.
Dave
Grab another 99K shares yesterday...
Expect a solid next 6 months. Actually, surprised I was able to get the shares at sub .10.
Turkey news is great because of the lack of dilution. Obviously dilution is coming but it doesn't seem like it will occur at these levels.
It has been a long time coming,,, but I would love to see this thing fly.
Dave
Took the day off to just watch....
Been a long time coming,,, Breakeven .17 cents but I think very achievable in the short term...
Feel like the lotto ball numbers keep rolling in... We got 4 lotto balls correct with two more to come.
Crazy fun... Less than 500K drove it up over 100%
Enjoy
Dave
Insanely good news... Good Luck to all...
People don't invest in penny stocks because they are afraid of dilution or going bankrupt. This company isn't going anywhere and already has repeat orders which means "product acceptance".
In addition, it is in a field "cancer awareness" that is forefrunt on everyone's minds.
I truly was concerned about dilution, but with a $3M dollar deal close, Indonesia, reorderring and China/India pending, the sky is the limit. Today's news couldn't have come at a better time.
Enjoy
Heading to the Army-Navy football game
Dave
My take:
GTHP is using bridge financing to stop the bleed until they get news from China. If they get China approval the stock will be significantly higher which will allow them to dilute.
The PR from a few days ago was just to let all the shareholders know that they are still alive and kickin.
Removal of toxic debt was huge. Issuing bridge financing not a big deal because even though they are issuing convertibles... They aren't exercisable for 6 months. May-Jun timeframe. Actually,the first day is May 19th that the shareholders can exercise their conversion. They will get the price of the stock at a 50% discount. We would like the stock to be considerably higher prior to that day. Since they also are allowed to use the two lowest trading days from the last 15 trading days prior to conversion, we need to be higher by April 24th.
India may be contingent on whether China is successful. I believe that they expect to hear from China in Jan or Feb. I don't expect to hear a peep from them until that timeframe. But if India and China are able to come through within the next 4 1/2 months we should be off to the races.
With that being said, the PR from a few days eliminates in most peoples minds that they are going away, so people will buy at less than .10 as a flier. Why not? Not sure why we can't begin moving forward. Tax loss selling will be on us soon also.
My take...
The troops are finally starting to show up. The last several months has been a slow bleed. The last couple of days has not been. Despite this board... others have to realize the value and they are starting to realize. They are now buying the shares that others have been pushing to get rid of to include convertible debt hedges.
I love what I see...
Dave
At least we are battling now... People are sending troops in...
Like to see us not give up!!
GO GTHP
My take:
Doncamel has the most reasonable post. GTHP is using bridge financing to stop the bleed until they get news from China. If they get China approval the stock will be significantly higher which will allow them to dilute.
The PR from two days ago was just to let all the shareholders know that they are still alive and kickin.
Removal of toxic debt was huge. Issuing bridge financing not a big deal because even though they are issuing convertibles... They aren't exercisable for 6 months. Mar-Jun timeframe.
I believe that they expect to hear from China in Jan or Feb. I don't expect to hear a peep from them until that timeframe.
With that being said, the PR from two days eliminates in most peoples minds that they are going away, so people will buy at less than .10 as a flier. Why not?
The bridge financing and removing issuance of shares is extremely good or extremely bad. The dilution is coming but it seems as if they will hold off until they receive something concerning a big order or approval from China.
Dave
Liking where we sit, a couple of lotto numbers seem to be coming in our favor. It is definitely a lotto ticket lol.
Where do you see minimum purchase of 1000? Figured out what SMI stood for ...Duh...
Don't see the 1000 device purchase order though.
Dave
India was in the works for a while and seemed a logical fit. I just reread the China announcement from January and it seems to indicate that Hong Kong is a better avenue intially.
Getting Toxic debt off of the books was crucial. Deal with China was nice.
Removal of issuance of shares and bridge financing indicates timeframe. Something should occur within the next few months.
This stock hasn't been easy to be a part of but I am in for the duration... Good or Bad.
Glutten for punishment...
At least, we aren't down. I will take that for now. A couple of things I am struggling with is the bridge financing and the removal of the stock issuance.
My belief is that neither of these would occur if the company was in trouble and going away.
My personal belief is that they are awaiting approval from China. The FDA will take a couple more years because we have created a society of red tape. I think the China approval is possible in the near future---next two months and the bridge financing is happy to participate because they are getting convertible shares.
Every time I have dealt with a stock issuing convertibles, my stock has gone done because the issuers hedge with a short position. We are in a hold pattern until then.
Whatever happened to our deal in India?
Been tracking this stock since it was Spectrx... way back in 1997 or so. They got completely screwed by the FDA but maybe that was because they were unprepared.
Then toxic financing ate them alive. I thought the CEO would have known better but apparently not.
Bought back in at 11 cents and 4 cents. The downward pressure doesn't seem to make sense except issuing convertible stock.
Hitting 2 cents again upsets me but I hope they have something in the wings. Has anyone bothered to drive out and seen the company? Just outside of Atlanta.
Dave