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looks like Corso averaged down some more today. FWIW, its going to get ugly when this stock goes back up, he is going to unload a lot of shares along with Eliron. my guess, this stock will not go much higher than .083, ever. at that point Corso will be gone, float will be huge, Eliron will either retire or do a reverse split. all within the next 6-12 months is my guess.
Congrats to Huff, he managed to secure 1M in financing for the company at the expense of 6M worth of shareholder value in one day. this is what he gets 12M to do. tomorrow is another day, right.
If I thought, or heard that there is good reason for this givaway, I would be buying more. But I cannot find anything good, anything that makes sense, or any evidence of a good management decision for the company and shareholder. I dont get it.
I cant believe he did that financing without news or explaination, I really expected someone who had any concern for shareholders would have something to account for such a move. no news this morning left shareholders out to dry, no way around it, he may not be as smart as I give him credit for.
either way, buildout or takeoff, we will know soon.
sure, one scenario for sure. they may need the money right now and dont want any delay about it, maybe something huge- withing 30 days- is about to take off. I dont like pumping, but its easy to lead to pump like predictions here, I was just trying to avoid them. hey, I have bought several times in the last couple weeks, there is risk, but I truly believe the reward is great here, I just hope Im not following a nitwit CEO.
there is no risk on them, thats what they do, they hedge, and they do it with companies that may be backed into a corner or outsmart the CEO is a given.
not sure what your point is. getting a stock at .36 when street value is currently .52 to .60 is incentive enough for anyone. I dont get it, why not just dump a few shares on the market selling it at .52 or above for the last couple weeks, cash to burn until big news happens. big news! who knows, watching it carefully. financing at this level of share price is not the best business decision if you were on the verge of a major breakthrough, either Huff is not too smart or it will take a while longer again.
to put things into perspective, internet use and sales is up exponential in the past 5 years, everyone is growing leaps and bounds with many many companies gross in the 100s of millions, shopping on inet has never been better and easier and its holiday season is about to start. shelron, they have plans, and you will hear about them for a long time to come, very slow to market, nitche company. little development that will affect holiday, much competition.
my guess, you will never see the teens again, too many shares, no following, a bigtime investor that will unload as the price goes up.
WOW. very bad, very bad indeed.
every man for himself, cant take the constant dillution with no ROI for investors. no real improvements that make any significant difference to direction of company. sorry, an investor can only take so much abuse.
did I mention that metric numbers are dropping off consistently for months now. I cant imagine that that, plus increased shares in float, is not having a negative impact.
Time to get something new going, current use of products and increased shares are not supporting current PPS, drop is inevitable but how far for how long.
understand. problem is, the plans that were in place then, are still just that, plans. not to mention that there are over 100M more shares in the float now. this drop is mainly due to dillution in my opinion, sorry, calling it like I see it. I know there are better days ahead, I should have been smarter and got out and waited for them to be real. Right now I am financing someone elses casual schedule. if everyone sold, he may be pressured into accelerating development. markets get absorbed over time, shoppers over time will become loyal to others. IMO
I should have sold a while back and maybe got in sometime in the future, its sort of embarrrasing to be in this stock.
I looked at the web site metrics upside down, activeshopper looked better again. time to wake up Eliron, not funny anymore.
cole, they may not produce what everyone wants at the time they want it. but I will tell you I am accumulating at these levels, sure its risky, they have core business that makes it a buy right now for me anyway.
Cole, your not that dumb from what I have read. anyone, even a teenager could understand that a person can influence another in the way he talks, walks, writes, or acts. its really pretty simple, there are those, and you seem to at least agree that they are similar, that want this company to fail or stock price to go down. lets see if the negativity affects tomorrow.
it very considerate of you to put us in that class. one thing I do know, its going to be down to the wire here, no pun intended.
Its just pure humor when folks post about who should be in charge and the many comments on how to run a companies. survey says...99% of posters and investors don't have a business and have never run one. they may make a living in the stock market, but if so, those are the ones you cannot trust.
I agree about delays, unfortunately the folks at NASA live and work by this concept. I had some doubt if someone from NASA would be effective outside that environment.
deep discounts if you believe it will go up. everyday goes bye this stock becomes more risky and drops 5-8%. no bash, but things are not looking that good right now. maybe later I buy some on the way up.
GTE is not a value stock in my opinion, there is high risk here, therefore there is potential for high reward. this talk about PPS is getting old, we need good news real soon.
SP only gets worse because there is no news to change direction in any way shape or form. anybody, long or not, would be wrong to advise anyone but themselves to buy right now. Huff made a promise, everyone is waiting, including myself. don't make promise if you cannot follow through. he has used the few more weeks thing twice. I am looking at this event to dertermine the company and its word as a whole. standing by and waiting.
to be fair, the metrix numbers stink, I mean they are lousy.
you are asking a question that you, or anyone should be able to answer. PPS is price per share, if thats how you value in a company, then it changes everyday, which makes no sense if thats the only thing you use. again, PPS is a simple calculation, why would you ask someone to do that for you.
thankyou, its good to see logic. but that does not mean up in any way, sentiment and fear of unknown can cause even more retreat. Huff needs to get off his duff and get this thing in the air without anymore delays, or fundamentals wont mean a thing for a while.
cole or any other here with wild assumptions and guess work.
anyone, even a novice could understand why it has fallen, even to current prices.
anyone, even a novice could understand why institutions or anyone elso is leaving, they have to minimize the loss or there is too much risk and unknowns here.
what is the future? its either to da moon, or part way anyway, or it continues to drop. even a novice could figure that out with the future unknowns this company has yet to complete.
smart money, they truly has yet to be determined where the smart money is, stay tuned.
good point, I think they are getting bombarded right now, and maybe nervous about whatever they do, else they have something to tell us today to offset any pounding.
It may be AMEX that want's to bombard Gtel in order that they cannot focus on business.
one of the big things on my mind is why did this come out between the 22nd and 24th. too many coincidence events by AMEX. I wish I kept them in writing, I hope someone did at Gtel.
crash, I agree. this appears to be a coordinated attack to supress the stock price. almost like person or persons in, or associated with the AMEX is shorting this stock.
comment on another board
"amazing, isn't it.
who the heck is selling all these shares to him?
I just can't understand that almost 90 million of float just disappears and the pps tanks to these levels. It just doesn't add up."
my guess, we will find out someday. I wont drill anymore into that one.
If you think that SHRN is pricy, then take a look at CTDC, it makes shelron look like a value stock for sure. I would consider SHRN to be pricy at $4pps, but its possible if you do comparison pricing amoung stocks. that is not the only one but it is the closest I could find.
be thankful you can buy this at this price, I dont think it will be here long, too much upside potential.
sorry to see Steve so upset. I really thought he would have made an impact the first half of the year here. hope he does well over there. I dont know about many here, he was a nice guy, and he got caught up in a slow period, there is a price slump for sure, very little buying for a long time. no one was able to bring in buyers. I only hope Steve holds his shares for a good return like the rest of us expect soon.
my guess is Timbo is close to follow through. EOM
I guess I will have to play with words here, that seems to work.
FYI, for anyone interested in looking at the truth instead of the distorted view of other.
http://biz.yahoo.com/prnews/060816/ukw009.html?.v=74
loanstew, what about this and many other false statements without any proof, is this a double standard, do you let anything be said that is not true as long as you dont mention basher. please dont single me out, thanks
as you can see I did not mention any posts or any person or any other board. I only mentioned a group of people that are considered bashers, they are real, they exist, and they do talk about this company. I made an informational post for anyone who may see them here or anywhere else. I dont know why you seem to pick on me but you need to stop.
new source of income, and the bashers dont like it.
sorry, I say bashers because the only time they come out is when the stock starts going up or company puts out news.