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Sony,
I am not saying it won't happen but I just really don't see the point as no one is buying the shares they have now.
Typically when a company dilutes they dump at the BID and this one has none at this point.
As far as the halt goes, I seriously doubt that unless they really screw up. There are far worse stocks out there currently trading and they have done worse things than this companies non-performance..
GLTA
Seriuos question here..Why even bother with a R/S when you can't sell the shares you have now? Did you notice the no bid? The only thing that a R/S would accomplish is having more shares that you can't sell, IMHO.
Unless they R/S and retire the shares and lower the A/S count then it is pointless, IMHO.
What they need to do is actually deliver on something at this point because shareholder confidence is ZERO..
GLTA
Honestly I hold a nice chunk and until they actually follow thru with something I would say no.
If you do test the water I would only throw in what I would be O.K. losing..
The bright side is that at .0001 even if it only runs to .0010 it is a 10 bagger..
GLTY
Don't want to get caught holding any "shorts" after market close with news possibly coming soon. Could be a bad thing for the wallet if you have after news and a gapper in the morning, IMHO.
GLTA
Now let's see if they print before EOD.. Good news is that with no bid it is really hard to dump alot of shares on us via the dilution route..LOL
GLTA
Still say its dead money but I have no where to go now...
Now thats funny!!
I sure hope so because NITE has been screwing with this one all day. They have been on the BID and ASK flipping shares all day long and unless something makes them move it is not going anywhere, IMHO.
GLTA
IMHO, News is the only thing that will get it thru that wall at .0014 as it looks like they are trying to walk it down again.
GLTA
So what did i miss for the last several days? Looks like we had good volume but WTH is going on with the drop. Guess I was a little distracted watching one of my bounce plays and did not notice what was going on over here. Lucky people getting all the 6's..
Still holding and waiting until Nov 15 or so..
GLTA
Well it finally went NO BID and an ASK of .0001..Dead money from here.
GLTA
Based on the time frames they released their Q1 & Q2 financials, I would not count on it being next week but more like mid November. It seems that it takes them about 6-8 weeks from the end of the quarter to release the report.
Q1 Ended March 31 and the report was issued 5/17
Q2 Ended June 30 and the report was issued 8/16
Per pinksheets website..
JMHO as they could surprise us and report early.
GLTA
"I think we can close 0013 "
We have to get thru the retail flipper at .0011 first..As I write this he/she stands alone at .0011 on the ask..
GLTA
100% up day, just like that...you have to love the pinks..
No worries!! Glad you got what you needed. We should all be sitting on the bid, IMHO and pick up the cheaps so we can get as many shares as possible. I don't see us forcing the run by slapping the ASK but we sure as he!! can control how high it runs once it starts.
If we own a large chuck of the float and put our sell price high then we can make the "greedy herd" pay when the run starts. But that is just my 2 cents..
Remember that the pinks trade on NEWS and Greed so we just have to wait.
GLTA
Because someone purchased 52,500 shares at .0008 which is under $50 worth of shares. It was a paint job if you ask me which is un-needed as this will run when it is time. I say Mid-November when the financials are released or sooner if they get them out sooner or some other big news.
Still holding and waiting..
GLTA
Did anyone else notice that ETMM is not on the ask any where..Wierd since they pretty much owned it yesterday on both sides.
GLTA
Sorry Beach I should have finished reading your post...LOL
Answered my question..So what else is everyone looking at these days?
Beach,
Are you still in TITL? Watched it dive hard today and was thinking about jumping in but something seems wierd with it if you read their board.
TIA
BTW - HHGI was up 60% today before closing up 20%. Still worth a look, IMHO...
GLTA
I saw that..We need some ASK slapping this morning and I do believe that it would start to run some. Mo is on our side for now and I hope it keeps going as we need to get some eyes on here!!
GLTA
WTH is going on with this one this morning. I had left it for dead and the volume is actually moving this morning. Any ideal why?
True, IMHO it will only take a little good news and this will run like it stole something..
He!!, even a Shareholder update to clarify the outstanding Share count and projected revenue with the latest addition and we would see some real movement.
GLTA
HOLD!!!
That was uploaded to pinksheets a week ago. I sincerely hope that your second trade on the pink market goes better than this one..
GLTY
From their report issued a week ago (9/21)
"The Issuer has amended its Articles of Incorporation with the State of Wyoming, as follows:
(a) The effective date of the Amendment is September 6, 2010;
(b) The Issuer amended Article Four of its charter to increase the amount of authorized from 1,000,010,000 to 5,000,010,000 of which 10,000,000 remain Preferred Shares. The par value for the shares remains $0.0001. There were no other changes to Articles."
Remember that Authorized and Outstanding are two different things. If the second one jumps dramatically then we have a huge problem. Guess we will see after they release the financials, IMHO.
GLTA
Morning..So do we see any action this week? GLTA
4.3M Form T sell after market close..Worse part is the price was at .0004..
GLTA
Thanks for the 600K at .0005, I appreciate it very much.. Now time to get moving..LOL
Watch NITE and SSGI on Level II..Currently they are sitting at .0007 on the ASK and as soon as they Move to .0008 then we move IMHO as they will clear ETMM (Retails) off the ASK pretty quick..
Lets see what they do...
GLTA
Yes it is all your fault that we are not at .01 right now..LMAO..
Just wait for it as we are just playing the game right now and this is not the news that will send us to pennyland anyway. Now if the PR had stated that the new deal was expected to bring in XXm in additonal revenue every year then we may have run a little more, IMHO.
Wait for the financials and if good, we will run like we stole something. In the mean time, load as cheap as you can get them..
GLTA
HHGI...you may want to check it out..Looks like it may be at the start of a run, IMHO. Do your own DD and GLTA
Agreed... A little bit more volume and price increase and then the frenzy will start, IMHO..GLTA
I will follow suite and move my buy down to 3. Let's see if we can get us some 3's this week..
GLTA
Some people believe those low orders to be secrete signals if you believe in such a thing. Pretty funny actually. Check out the following link which explains the so called secrete system..
http://www.thepennystockblog.com/signals.html
GLTA
jwblue74,
I'm with you on this..I have seen dilution and if that is what is going on then it is weak to say the least. The Volume is currently at 15M so at .0005 that would be $7500 if they were all dumped at the bid, which they were not.
Ignore the static and watch the show for now.
BTW, The he!! with slapping the Ask at this point, it is time to bid sit and cherry pick from the weak and shorts (if any) for now.
GLTA
I think it might be safe to say that the 4500 sell was just a "paint job" since it followed shortly after the only buy of the day. JMHO..
GLTA
Royal,
You are thinking along the same lines as I was...It sure sounded to me that all the value will go with grafitti (and would have to in order to get that kind of line of credit) while most of the liability will stay with SDVI, IMHO.
Full discliamer, I have closed my position here but it sure is fun to see how this develops over the coming months.
GLTA
machias,
I sincerely hope you are right for those that are still holding. I had better then a double on my position and had to take it and move on to the next play which I have already done. Wash, Rinse and repeat with the pinks..
GLTY
Well it has been fun but I am green and gone.. I sincerely hope you all make a ton of money..
GLTA
My WAG is that we get close to .0060 tomorrow before it pulls back some on increased selling. You have to take into account several factors that have already been stated on this board.
500M shares are held by people on this board, some have been holding a while now and will be locking in some profit from the run. Some like Bechbum, Machias and even my self will be looking to trade some of our holding in order to move on to the next play. The only question you should be asking is what are the traders exit points and how many shares are they ready to dump into the run..
Let the game begin!!
GLTA
Once the summary hits the market wire, we should run like we stole something..IMHO
Nice Job, Ken and SDVI.
Set your sale prices high and turn off your computer if you have a weak tummy as the fun is about to start..LOL
GLTA
Interesting that a company very similar to this one is up over 90% this morning on "Increase in Revenues"..No numbers were given but the volume a price went way up this morning.
I still say that given the right news today we can see .01 before close...JMHO.
GLTA and see you all on Monday!!