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MM's played it for months, now they have to cover!
With the low float, this could possibly get way higher than that.
The last I checked, the float was 40 mill!
GRPR SS is LOW!
LET IT RUN! IF NO ONE GETS GREEDY THIS COULD GET FREEKING WILD! 1 TICK FLIPPERS ARE GONE, IMO
GRPR on ticker buzz cloud! Use the ticker symbol in your post folks!
I'm glad you showed up, never can have a run without at least one basher!
1 tick flippers
MUST READ! The technicals are primed for a solid move north!
http://investorshub.advfn.com/Boards/read_msg.aspx?message_id=67083026
Please welcome massivegains10 as assistant mod!
If flippers would carry themselves to a pink and let this one go, we could hit $1 easy. SS is extremely low.
Grid Petroleum Corp. Continues Planning the Development of the San Joaquin Basin, Kreyenhagen Trend Acreage:
Grid Petroleum Corp. (OTCBB: GRPR) ("The Company") announces the development of the Kreyenhagen Trend acreage continues to progress through its Joint Venture Partner and property operator, Australian Stock Exchange listed Solimar Energy Limited.
Solimar Energy is the "Operator" of the 4,000 acre Kreyenhagen Trend leases and as such determines the overall timing of the development plan and work schedule for the Kreyenhagen Trend acreage.
It is anticipated that an initial technical study and drill site selection will begin as early as October of 2011. Permitting will take place upon completion of drill site selection.
full story: http://ih.advfn.com/p.php?pid=nmona&article=49238833
GRPR has ran at over $4 a share.
O/S and float are low, if the 1 tick flippers would have some patience, this would move nicely.
By the time uncle sam is done with the taxes on those little flips, there is no profit just a tax bill. LOL! idiots!
Not a huge amount of money involved in yesterday's trading folks. All the volume together was under $4900. We will have to have volume coming in before we see any move north. With the low SS, one good week of heavy trading could send this to .25 easily. Best thing we can do is help promote DNAD when we can. IMO
YTO acquiring TYTN would be very good to say the least.
I hit the ask just a little today right at close, went to .0023 then right back down. I think it is 1 tick flippers. Until they are run off, this will be the same ole thing.
We got a fairly low SS for a penny stock. This stock could run very easily with the right news. I said news was coming 2 weeks ago and it never happened. But, the email I got said EARLY this week we will have an update. To me, early is no later than Tuesday.
New Tytan Video's - http://www.tytantractor.com/videos.html
Actually closed at .0018, look at the chart. iHub quote is not reporting the correct close.
A/S AND an O/S reduction in the next 48 hours. TOFS is getting red hot. Not to mention the merger! This could very well be the biggest gaining penny stock of the year, IMO.
Marked you for your last minute slapping today! Great job!
Still do not understand why iHub is showing .0017 at close and their chart shows .0018. Glitch?
YeS, YeS, YeS! The TOFS Train has pulled out and leaving to Pennyland!
Welcome! Glad to see ya on TOFS, marked ya.
Yes sir, on the otcmarkets.com. Phil, could we possibly get something stickied with this info on it?
900 mill is not unthinkable considering how many investors are coming on board, we know in the near future the CEO is going to start buying back shares and he has promised a decrease in the O/S, if we do not lock the float before the merger, possibly could on the buybacks.
The CEO has indicated a pps in the pennies and this is not his first rode, float locking could make that happen quick.
Just my opinion, glty
IMO the float is very close to being locked. MM's proved that today their last minute attempt to bring us down. Scare tactics will be in full force tomorrow.
Why is iHub quote showing .00017 but the chart is showing .0018?
So much speculation heading into this week. Hope to hear about Chinese investing! If we get that kind of information, hang on to your shorts as the TYTN train comes by heading north to pennyland! I SuSpEcT there will be some to miss that train.
I will PM you two that I know of that share reductions went through. No guarantees in the pinks, of course! But so far, everything the CEO has said, he did. We will see this week. TOFS has so many things going on, we should at least have one good move north, after that, who knows.
A while back I had a guy extremely good with technical analysis take a look at DNAD, he said based upon charts, .003 was going to be the bottom. I AM NOT BASHING and that is just technicals. I still bought in at .009 and think I got a bargain. I have no problem with averaging down with DNAD. I look at it as a great opportunity while this company is putting everything together. With a float this low, one day of trading with just even a moderate volume for a penny stock, the float could lock and this would go deep into pennyland, dare I even speculate $1.
ADD, ADD, ADD! For right now, this is dirt cheap. I am glad there is not a bunch of flippers on board. I say let DNAD keep building, let us keep adding, THEN later this year start an IR campaign which they said they will do. DNAD is gonna be great for those getting on board now.
You just missed the first stop, the second stop is just around the corner! Time to get on the TOFS bus, it's going to pennyland for all those staying on for the whole trip!
The share reduction and merger will be the catalyst for this coming run, you have not missed a thing, IMO.
THE CHINESE ARE HERE!!!! I am ready to see some speculation driving the pps north!
When a company does not take care of business, this is exactly what you will get on message boards, a bunch of far fetched theories and ideas. Keep the investors happy and all you will have is the just the few occasional bashers.
From the 10Q
Authorized Shares:
6,670,000,000 - Common
30,000,000 - Preferred
Outstanding Shares:
6,498,671,683 – Common
6,488,095,717 - Free-trading
30,000,000 - Preferred Restricted
Is management purposely letting the DTC problems occur to help someone cover naked short sales? Just a thought....
Preferred are still part of the A/S. Right?
They would post pics of a toddler drinking one bottle of tea, they would hold an investors conference if the tea was sitting on the shelf of a major store. HAHAHAHA! Please, they cannot even produce a pic of BIB's being served in Red Robin. What happened to all the BIBS? Are they headed to the dollar store?
You are right about the posting, 6.4 billion float is what is posted but are you sure that is correct?
Float is defined as the total number of shares publicly owned and available for trading. The float is calculated by subtracting restricted shares from outstanding shares.
Posted on HFBG IR PORTAL:
Authorized: 6,670,000,000
Outstanding: 6,498,671,683
Float: 6,488,095,717
What about management shares? Where is that calculated into A/S
What about 504's? You are telling me there is only 10 million restricted? If that is the case, dump is coming
The math is not adding up and the from my original post, this drives home my original post, who is gonna take up a 6.4 bill float from 2 brokers?
Possible, but when you consider the HUGE list of penny stocks that this is happening to, it seems more likely that because the DTC was not getting their fee's from smaller companies, they cracked their whip with the backing of the government. Now, either pay the fees or no trading. I had one compliance officer suggest that investors should be writing their senators and congressmen to protest the DTC. It is a crock if you really look at what they do. Nothing more than adding a middle man that does not need to be there.