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Ok, but the dtcc program never applied to stocks under $1, so how terminating that program will effect sub $1 stocks I'll never know.
Hasn't that been the company line here for weeks? While I hope you're right I also think pps projections here have proven to be unreliable. All jmo... Good luck GNCPers
I won't speak for everyone, but I'm happy bull. ;)
Bingo! This is only the 1Mth post to this effect.
It is the end of the dtcc stock borrowing program and it will have zero impact on the pps of this stock.
You can mark that and msg me if I'm wrong. What will have a greater impact in the pps is the AS going from 5B to 15B. The effective date (20 days from filing) will be 3.12.14. I'm guessing heaving dilution will follow. Thinking a PR coupled with a ton of volume and no increase in pps... May even dip back to the trips. All jmo
Your caps lock is on... FYI
Flipping this stock paid for most of my long position here... Hope she gets moving soon!
Completely agree on both fronts... Usually mms have the decency to bid whack 100 shares at these prices. ONE share?! Guess its $8 to find out that really is going on here. $ well spent
Just had ONE share filled at 6.... What a total crock. Just got fleeced for trading costs for .0006 in stock! Garbage!
Agree... This will get its next leg up soon and folks will be chirping about an entry point. Here it is people.
Nope... Have had a M out there at 6 since the market opened. No movement.
Put in a buy at 6 this morning along with a sell at 8. So far there has been a small fill on the 8s, but I think this little experiment concludes today is all about 7s
Patience my friend. 5/6 will make its return this week and I see a short swing this time around giving an out in late march / early April. Just let the MMs shake out the weak and be there to capitalize.
Funny, I thought share structure had to be considered and not just pps when comparing one company to another.
Perhaps, and I'll be psyched if you're right. I have a few million shares and 110% of my initial investment back in $. I'd love for this stock to breakout.
And I'll be completely happy should you be correct.
100% agree. I didn't sell out, I cashed out. Big difference. As of now my position is paid for. Regardless of what the stock price does I win. Many sellers will follow tomorrow and we will see 6's again. That's just my opinion and I respect those that disagree...in which case my house position will prosper.
Hope you're right. I have plenty of shares to make money off of if that's the case. And should a 5X-10X run be in the cards then jumping in at 8,9, or 10 and riding to mid trips won't be a problem. It's a $100 per M per tick.
There is more than one effective strategy when playing at these levels.
Yikes. Sure thing talk?!
The only sure thing are the shares I have paid for with house money. Again, this goes up and I am smiling anyways.
Lets go GNCP.
And if that news increases the value of my house $ shares I'll be smiling. If not, I'll be smiling they are house shares and I've got my investment back... then look to reload. Why people think you have to be short or long here amazes me when its clear you can be both.
Good Luck GNCPers!
And I'll be here next week rain or shine.
Short answer: MONEY
I have a free position in this stock as a result. If she pops again, I win. If she drops, I'll reload...and win.
GLTA
Of course, but advising to sell partial at 7 is sound. Recouping your investment and playing with house $ is an undefeated strategy.
A hybrid I guess. Bought all the 4s I could get my hands on. Sold at 7 up until the point remaining shares were house money (@2.5M shares). Will buy back when things cool off and look to repeat, but probably won't look to add much to my long position going fwd...
Being long exclusively is just waiting to hand back to ops gains you make.
Well, not every single time.
Jumped 75% of my way out at 7 from 4. Looking to get back in soon when it cools down.
Couldn't buy 7s or sell 8s. Boring kind of day
I need some 3s.
Most likely bc that's his investment style. Stocks like this run in cycles.
Agreed. This is all hold at this pps. If 3s or better can be had I'll grab them. Aside from that I'm just waiting on my train.
Agreed, but should we not the number could be less than half that 50%
And what % of shares will be sold at 5 or better tomorrow? ;)
At what price?
Painting to 5 at the bell... What a total shock.
I think we can all agree on two things...
1. There was / is no buy back
2. The bid whacking is NOT fees.
Exactly my point.
I bought at .058, sold it at 055 and haven't looked back. It's got great SS, but that alone isn't worth even to current pps. If its keeps dropping I may revisit, but evens pr/ real news can be delivered with a notice of increase in AS and mitigate any big run. All my opinion.
Agreed. I just wish people had a better understanding of what 3.14.14 means and DOESN'T mean. I think the good news is that when that time comes it will confirm it DISCONFIRM the impact off the dtcc stock borrowing plan on these stock's pps.
Sorry for the all caps ;)
Legit news is the only game changer for this stock. Folks thinking that everything will magically clear up on 3.14.14 are mistaken. I'm anxiously waiting on a meaty PR with some forward looking statements to go along with concrete results to date.
Can you confirm as to if this applies to sticks under $1? I've seen conflicting info on this in and outside of ihub. Thanks!
I'm invested in this stock and think it will have its day, but 3.14 shouldn't have an impact on GNCP
Obvious question: is this site credible and current?