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Clever! The only way to play here. eom
There is no bounce other than people here, hitting the 'ask' from time to time.
Perhaps it will move up eventually but the history and concensus seem to indicate a lost cause.
Your hope of a .0019 closing shows similar optimism as past days; Yesterday it was .0024, before , a .003 close....
Still hoping for a dividend payup?
g.p.
Ho hum, is the paint dry yet?....zzzzz...
Look at yourself, B.A., before calling someone idiot.
Show FINRA confirmation of dividend; less than 2 weeks away.
As far as buyback, see the rules. One just does not go buying back in one day. (...and increase the A/S from 300M to 975M)
I... yourself.
What dividends? What share buy back? How would you know?
Did pink tell you? BTW, you just don't go and buy back in one day...
g.p.
No, not a dividend to everyone, if they pay, it
will be to settled shares as of June 30. Don't count on it!
g.p.
Honesty in Pink? As Pink used to say,
all those huge amount of cash was 'verified and approved by the company'.
A new low, already, today. Who is left believing about
cash, buyback and dividend?
g.p.
Announcing buy backs does not tie the company to buy back any share. There are also rules like a percentage permitted daily or monthly, just to prevent abuses and manipulation...
Bounce here, is created by pump and bash. Just go over the posts and all the far-fetched spéculations...
As for the dividend, if ever it gets paid, it only affect those who had settled shares on the 30th of June. The concensus is that the dividend will not get paid. Proof: Share price dropped from pennies to .008 by end of June.
Sad to Watch all those caught in this scheme, great for day traders...
g.p.
Strong? About 800K at .0013 (new low) less than half an hour before close. Big trade of 888 shares at .0017.
What looks strong?
(long)
g.p.
Just wondering what the message could be for a 888 share trade.
Both .0016 and .0017 are very small trades...
g.p.
Still not worried that, after over a week of record trades, the share price is still around its year low?
Any legitimate company with news releases such as we see here, would have shown gains, especially if undervalued as some would like us to believe.
g.p.
Buy back? While having 675,000,000 more AS?
Cash on hand... audited?
The 'triggered $7M+, is it due now or just before Feb 22?
Will the ex-div shareholders get their .011 on Aug 17? Not official yet.
IMO, expensive.
g.p.
Really think there is that money?
Share price is down from $5.00 just a little over a year ago
and from .10 just a couple months ago.
Major news only got the share price lower...
If you're 'in', good luck! If you're only trading here,
the odds are in your favor as many encourage themselves to push this higher.
Look at both volume and range over the past 5 working days...
GLTY
g.p.
Buybacks are a year-long project and even Blue Chip Companies do not often buy back as much as they could. The first answer you got is right. Why buy back now when issuing on the other hand?.
Look at recent volume. The Share price seems to be maintained between .002 and .003 thanks to all those hopefuls...
GLTY,
g.p.
Over 3M shares already. Luckily, no move.
Still time, perhaps, to get out for potential bagholders.
Some, here, still believe the dividend will get paid?
Will that $7M be seen before Feb 22?
g.p.
Absolutely right. That such transactions start to appear, here, should make some worry a little.
Monday....
g.p.
Sure! With 3 trades at .00005... wow! eom
That 'idiot' may well be the company holding over 600,000 000 new shares to emit to whomsoever want to buy at the ask... lol...
g.p.
...but it's not. I'm sure you know why.
You are correct. It should be flying, instead, a whole
new batch of bagholders will start the bidding, next week.
g.p.
I would not trust those numbers. Quite often, one ask fronts many others in the same range for an MM.
Hope you're right, however.
Holding (...for now).
g.p.
Hey! This is NOT impulse buying. If the deal does materialize,
(and I have doubts,) it had been going for quite a while.
Do you see the buyer going ''Say, let me buy this mine. I'll assume your debt, give you some sshares and pay you $7M within 6 months'' '' OK, can you get this on paper for tomorrow?''...
Really? you really think this was not on the table?...
g.p.
3 days of 70M+ shares changing hands, share price level.
Still hoping that Shorts will be caught?
Welcome, new bagholders.
g.p.
How do you know?
Announced June 16 (SP .02)
ex-dividend end of June (SP .009)
well...
g.p.
Yep, I see. M.B. (Thanks)
g.p.
Some were really burned, here. Others, like me, were Lucky.
A few months ago (remember the over .10 and over .05?) I bought a couple of times. Further look made me sell at the first opportunity (result: very small gain on a small 'investment').
It became obvious (IMO of course,) with news like buy back and dividend so high while the shares continue to tumble, that not all was OK, here. Surely, a stock at .002 that says it will pay .011 div. in 17 days.....
g.p.
Banned? The only ban showing is prof81. ... eom
Original news slightly differs: Payment before Feb 22 with 49% retained until fully paid.
Words like 'triggering' do not mean the money is in.
At any rate, the open at .0037 was a good way to incite many to buy. It's back at .0021 with nearly 10M shares traded...
Draw your own conclusion...
g.p.
BTW, Shorts screwed after two days of high volume? That's ridiculous.
Buy back? A year before it ends and meanwhile, increasing the AS to close to a billion.
Big announcements just don't stop this stock to slip lower.
New found buyers are keeping this from slipping any further....
g.p.
Smart! eom
Remember YOUR name. The way this is going, once the hopefuls
have bought their lots, the exit doors will continue. IMO, triple zeroes are not out of the question and may happen much sooner than most anticipate.
GLTY,
g.p.
Bounce? Look, it is down to pre-'rally' level on the highest volume yet. The only 'bounce' will be done by hopefuls ready to buy from a dumping machine. lol
Already new bag holders and more to come from those expecting a bounce.
GL!!!
g.p.
You know by now.
You could feel the dumping all afternoon. Sell at any price...
Hope that, like me, you're not 'in'.
g.p.
Yes. Still time to be the next bag holder.
Already trading Under .002.
Anyone still believing in a dividend and a buy back?
g.p.
Hope foor you that you're right; However,
considering the increase in A/S, the share price at its high during this Frenzy, it really does not look good.
g.p.
Ain't that the truth, eh, Pink?
I'm probably not the only one who read between the lines.
Under .003 already, nearing the starting point...
g.p.
Now over 7.5M traded. Is this dumping
while there are still some hopeful bagholders wanting
to buy?
g.p.
4M+ traded B/A both Under .004... who does
still believe?
g.p.
Almost sure proof that nothing announced will happen.
Buy back? Maybe, but the dumping will be greater...
Dividend? Will it ever be official???
At least some will be in the pink trading highs and lows...
GLTY
g.p.