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Never really goes away. GTCH can buck it to a degree that they, through fundamentals like revenue streams, can get their pps base to rise. GTCH will. It is just that part of the fun in trading in Pinkies is that the base can rise FAST and remain supported. No longer. The MMs suck up BIG revenues by supporting naked shorting.
MMs WILL NOT LET THAT DISAPPEAR. THEY DO ENABLE, THROUGH TRADE MINIPULATION, SHORTS TO BUY BACK SHARES THEY BORROW AT A LOWER COST. IN DOING SO, THE GREEN GAINED BY RETAIL TRADERS AT A HIGH JUNCTURE IS TRANSFERRED TO THE SHORTS, TYPICALLY BY EOD. RETAIL TRADERS MUST REMAIN LONG TO GAIN THEIR GREEN BACK AGAIN OVER THE LONG STRETCH...
no more quick, easy money for us. That all belongs to the shorts now....unless the retail traders only hold short and accept lower returns AND higher taxes...with the risk of having the 30 day re-buy kill your chances of owning GTCH for the long term.
So frustrating to see how strong naked shorting with MM support can jam any hope of a pps climb. 109M trade day and can't budge it. Something very unethical about it....
TREN has an O/S of 36.5M. It appears that 26M shares is a MAJOR holding by GTCH. GTCH goes as TREN goes? Wow! Talk about potential.
It looks like, to me, that GTCH's value just got an influx of cash of over $26M. Will it mean another co-ownership for GTCH or will TREN shares be divvied up to shareholders? More info coming no doubt.
Does the new 8K mean that GTCH SHs are to be issued shares of TREN as a result of them buying GTCH's 50% ownership of Tokenize (26M shares of TREN) and their selling rights to Avant AI? Retail traders sure think so although MMs are trying its best to minimize a PPS surge.
8K issued. GTCH gets 26M shares of TREN which is trading above $1 and intends to upgrade to the Nasdaq. An AI sale
Where you getting delivery data? Some, not enough seems more accurate. Production is poor, no doubt. But production there is.
Those highs were also due to shorting. No stability at the highs either. Retail traders getting in then were suckered in by MM and shorting, now, of those, any remaining have a very high pps and have suffered tremendously on paper. Long time ahead of them for recovery, if ever.
I am bullish on DSGT now, not then.
I wouldn't mind it being 'flat lined' at 6. Much better than 4
Looks like another week of 'flat line' trade. Probably have to get used to this with at least 3 months of trade weeks until July. No indication of any contract action through at least then for generation of a strong revenue stream????
Or earlier...
Will do!
That is a strong trait ALL Wall Street gurus adhere to. Sometimes the truth is an easy one that doesn't bother them to say - none of those occurred with JK.
Unfortunately, GTCH is among the many Pinky tickers that have a suitable SS and have been groomed by MMs to suit their needs in promoting the rampant abuse of short gains loved by the likes of Wall Streeters. No way to get out of this, I am afraid, until GTCH moves forward out of Pinkyland.
Longs have a LONG wait to endure until that happens. Painful to watch, much more painful to anticipate that it may go on for an eternity before sufficient gain is held in hand that does not slip through your fingers over and over again.
I can relate to your thoughts. I waited 3 years. My problem was never the wait but the insensitivity of the CEO towards his SHs. Not only that, but while I am inclined to hold to the dream, I DO expect ANY CEO to make an effort to provide updates to calm the nerves. JK simply provides inuendoes via tweets with no regards to any follow-up.
I do not think VXIT is dead, but it sure will not ever attain the high mark I once expected because of the envisioned pedigree the CEO has. That was a mistake I will forever guard against making in the future.
Oh, I think so. Not dead. Still might be milking the A/S though.
70M now.
Pathetic! The radar is turned off! Have no idea where the switch is. As long as management finds it at some point...
25M on the ask at 6s. Astounding.
I do not actually have an idea what it will take to move GTCH's pps up. Very demoralizing to see it remain below .001 for so long. GTCH does possess a lot of inert potential that simply doesn't provide many retail investors with the urge to speculate that when GTCH management pushes "GO", the ticker will rock...they are not willing enough to buy in now.
Today's GTCH PR would be expected to result in a significant rise in the pps, from consideration of my experience regarding other company's patents in years gone by. Not anymore. MMs have total dominance over any surges that may occur now. Experience over the last two years indicate that MMs prefer tempering high surge potential and then use shorting to return pps to previously established lower baselines.
I expect the same today. A short burst, quickly capped by MMs and then have them use naked shorting to suck out any gain - returning GTCH's pps back to the level of 5 or 6 (at best). The thrill of the 'ride' is gone from Pinkyland unless Wall St. chooses otherwise. They are not so inclined to provide much gain to retail traders that can't be siphoned off easily through the means of naked shorting.
Only by fundamental success of the company in establishing revenue streams that are fixed and proactive in being increased will their pps attain and retain a higher pps. Retail speculators are being gamed. The old adage that 'buy low, sell high' still is applicable but never short term anymore if you are looking for a substantial fast buck as a retail trader. To win now, retail speculators will have to be longer short (goodbye day traders) or forced to be long term (yeah but look at all the taxes on Capital Gains we avoid!).
All fun for MMs, boring for retail investors.
I choose to interpret the need to increase the A/S and authorize a R/S at up to 1/500 as a means to minimize the threat of a hostile takeover. GTCH is an 'up and coming' presence in the AI/chip arenas. Their patents, I also choose to say they have tremendous potential to those technologies, are golden. GTCH being absorbed by a RM is one thing, hostile takeover (purchasing majority shares via market sale) is another.
An RM, if it would come to that, would be a game changer given what company that would be with. MAJOR rise would result in the pps, much more than what the open market turmoil would result in due to a hostile takeover.
I am waiting for the next shoe to drop. This year offers a LOT of surprises in store for longs. Better Be One!
A month earlier would not surprise me.
That is the way the MM work. Manipulation for their profit and NOT furthering retail trade as a whole - quite contrary to their intended (SEC approved) purpose. Rip off permeates "Capitalism' these days. The rich get richer, middle class retail traders get poorer
Good info. No delays are always welcome and, for sure, additional information will be released to further add strength to GTCH's pps. Slowly but surely!
For sure. Got it. 'naked' shorting is all I think about - never retail. So I needed to say naked as well.
??? Shorting is a debunked myth?? In Pinkyland? https://www.otcshortreport.com/company/VXIT. Levels and proper accounting can be challenged, but shorting exists big time. The real myth is that SEC intends to do anything about shorting.
I would love to agree with you, but it 'isn't' so!
I believe I am farsighted in regard to my owning GTCH shares NOW. For sure, it will be long months waiting for any revenue streams to be generated but I remain self-assured they will come. Today's PR is yet another step in the right direction - A STRONG ONE.
All retail investors eyeing Pinky tickers are looking for that hidden gem. The ONE stock that is going to strike it rich for them. Well, GTCH is mine. I admit, however, that I have had many such over the years proving once again that the dart board bullseye was only my imagination as those stocks fell from grace.
Is GTCH going to be the exception? A REAL winner this time?
Hell, if I know for sure but I am going to suggest to others viewing these posts on IH that you should also consider the possibility. Today's PR sure adds substance to the thought that maybe this is the right time and at the right pps to think so.
It will be worth noting how much the O/S has increased over the February report. I did not notice any serious effort to issue new shares even though the pps went up this month. Stability there will also support more confidence in the value of GTCH shares due to the lessening threat of any future R/S. Even better, like one poster is keen on, if the management would withdraw its previous notification of that possibility. At least lowering the potential threshold.
Each PR like today's is reflective of how GTCH management/technical specialists are protecting their patents from the grips of a workaround fraudulent attempt to avoid patent infringement. Very technical but it sure does indicate stringent review of weak avenues and the submission of a patent revision to further protect the company's patent rights. The potential to increase just royalties associated with their technology has now improved, not to preclude the inference that GTCH may in fact create their own manufacturing capabilities.
Nice way to start off the week. Good volume!
I have settled into the long haul here. Until GTCH provides news of an actual contract agreement (RM, Major patent royalties, Manufacturing deal or even commercial funding to go it alone), SHs should expect little pps movement. It appears that MM's control of trade will NOT let an emotional burst based on "potential" or any FOMO push without shorting bringing it back below .001. I think GTCH will have to present hard facts of generating a close proximity revenue stream before its pps will rise substantially to create a new solid higher base.
Personally, I do anticipate a sharp rise in the pps at some point, yet I must admit I do not think it will occur until summer for the earliest expectation. Waiting has become commonplace for me in Pinkyland.
Negativity can be forgotten. But rest assured, when such negativity is supported with substantive logic, rationale and possibly even facts, attention is a must.
My point? I forgot what generated the need to post....
I would like GTCH to make it on their own. Too many of the BIG BOYS suck up small companies after they do all the work and SHs pay the most severe price - especially those getting on board early in the game. I want GTCH to become their competition. Fully reap the benefits of all their effort over the past 5-10 years.
PPS rises much slower as a result but builds as successful business operations expand. I want GTCH to realize the American Dream as it could exist throughout the world. Those SHs not forced out earlier and remain strong hands throughout a very long wait period gets to reap the reward of the AD right along with the company.
Reality, I am sure, will do whatever it can to dash such a dream! As a usual retail investor, my take will be minimized if Wall Street can find a way to make me lose even more money before GTCH makes gobs of money for the 'haves'. Reality is not fair.
Yes. That is my interpretation as well. While the subsidiary is hollow right now, it could be made whole again (renamed) to pursue production of items in association with some of their patent's capabilities or something like that.
Right now though, GTCH is considered so minor by so few that it will take a pretty big "partner" to provide the 'light' necessary to get off the ground in flight to where I think they should be in real value.
I probably should avoid anymore of my 'educated' guesses and just wait for things to happen as I think they should. As a current SH, I must be providing my own light which only appears to me! - given how the pps reacted so poorly to the PR today. I see bright light when there are only mirrors????
Wishing and reality is at conflict here at GTCH. It appears I do not provide sufficient weight to the fact that GTCH has little awareness in the real trading world. GTCH remains very low or non-present on retail investor's radar.
Evident here that what I believe to be a significant PR today has resulted in NO retail sales.
I am just too old and used to the past use of fundamentals to determine a company's stock pricing. Now there are mechanisms in play that are far beyond my ability to understand or even comprehend.
I KNOW (gut-wise) that GTCH holds great promise as a viable and growth-oriented company. What I cannot perceive is how the real market is going to depict it or even WHEN their share price will project its inherent value.
I am but a deer in headlights standing there in wonderment.
Could what we have mean something?; www.marketbeat.com/originals/3-chip-stocks-approaching-buy-points/?utm_source=earlybirdnewsletter&utm_medium=email&utm_campaign=newsletterclick&AccountID=5094153&hash=FA81FDCE1CFC589329D6B34F5152B7CE7011E21BC78CEB7BAFF8BC1693E6A3D2DF327AE91ED84CB426F45FCFCC4DBDDD613FD82082C3F1F335173F8B9A995D5F
Today's release is 'humongous!'. IMO, GTCH will NOT have ANY difficulty in making a manufacturing arrangement with a third party. It appears that this is a VERY BROAD based (and fully tested by use of an existing) device. I can imagine this instrument (with refinements) being widely sought internationally, offering immense demand production and sales. This is cutting edge, who else is their competition?
GTCH mentions this patent approval is one of their primary business objectives and WILL be pursued for production with vigor!
If this release does not bounce the pps upwards from the perspective of "POTENTIAL", I would suspect that there are some very large numbers of ill-informed retail investors. Waiting 'too long' to buy shares of GTCH at this early stage is likely to be a BIG mistake.
I would think they would have to dissolve Kit before that happens.
It looks like the MMs are intent to bring the pps back to 4s.
well, on second thought. May not free up any shares if GTCH wishes to retain the existence of the 'shell' subsidiary for other purposes, then the existing shares shackled to Metaverse Kit would remain restricted I would think.