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4 bid reloaded. Looks like no 3s today.
Fair enough. Even the bid sitters look to be getting tired. Hopefully there are updates soon.
Can we get some buying pressure? Shouldn't take much to get back to a penny imo.
Where is the 309k ask hiding?
Wonder when some real bids will start showing up. This fake 500k bidder annoys me almost as much as the 309k ask that keeps moving around smh.
Someone is loading large at 4s it seems. Interesting.
Do you suppose that they don't want this breaking above 25? LOL
The word is QUIET!!!
Sorry, a bit of a pet peeve of mine.
To get on topic, the lack of attention seems to have led to a lack of large asks on the L2. There is some effort to provide resistance at 24, but it is getting bought. Still further resistance at 27, should it get there. Pretty nice low volume walk up so far today.
Good morning. I would've expected a little more life here after beating it out of the teens yesterday. We'll see how today goes. GLTA
No change in SS from yesterday.
Heartbreak is having a bid at .0475 and then moving it down to .047 right before that level gets hit and then takes off like a rocket :(
Great move today. Congrats to all who weren't idiots like me lol
Looking like this wants to wake up from its long nap. Still have plenty of shares here but I also have a bit of cash on the side in case the move is legit.
Someone or some group wanted to make sure that there wasn't a repeat of yesterday. The ask reloaded after getting hit a bit ago. It's an L for today imo.
Orchestrated red close imo. $10,000 ask shows up at .0575 after .06 was cleared out.
That's fine, but we both know that isn't the only post you've done that to here today, let alone in the past few that I've been lurking here. If you are so wishy-washy about what you post, it can lead one to wonder about the information contained within them. GLTU
Any guesses as to why those shares haven't been sold into the float yet?
Whoever has the 4M ask, I wish they would just dump them and be done, assuming that they are for sale and not just for show.
My experience in the OTC is that trying to play the hero rarely ends well, but GLTU. I hope for both of our sakes that this can recover at some point.
Looking pretty impenetrable above. Who decided to put over 3M on the ask at 23? Likely someone who wants this lower. No sane person who wants to sell puts up a wall like that.
The OS increased by nearly 16M shares yesterday. It was foreseeable that they would sell today. I agree that we don't know what legacy notes may be outstanding without an update from the company.
No doubt that dilution is still occurring, which is why making false claims about October notes that don't exist is so puzzling. Obviously there are some legacy conversions still taking place, so no need to fabricate new notes.
Because you made the claim?
Looking at the Qs for this year and the last K, I see no notes due to mature this month. There are a couple due in December.
Damn it all, literally had my bid at .062 LMAO
I'd say that what you posted is accurate. Like I've said before, nothing can be considered fact until it is made public in a PR or (much more preferably) a filing. All that this rampant speculation is doing is causing confusion. People posting about conversations they had with either company could be telling the complete truth, spreading BS, or somewhere in between. We have no way of knowing, so I won't make decisions based on it. Right now, it's just play the trade until we get more info from the source.
I will say that it is a relief not to see red again today. A one-tick green close isn't exactly a major turnaround, but it's better than what many were calling for. I'll take it.
Sounds good, but I need to see it in writing from the company before I'm a believer. I hope that you don't take offense, but there has been a lot of hearsay thrown around here the past few days.
Link it.
Since all anyone can do right now is post speculation, has anyone looked into this J. Basil Mattingly? Apparently he joined Acela this month and a quick Google search suggests a bit of a history.
While I would tend to agree, I did actually pick up a few at 24.
Looks like a concerted effort to break support.
Funny. Mr. Mattingly seems to be especially chatty at lunchtime.
Maybe it's because he's likely had his phone blowing off of the hook since mid-day yesterday and is probably just tired of answering the same questions a million times?
How much did you make on this run?
Pretty much. That is why you do the best DD you can and block out the rest of the noise imo. If it isn't in a filing, it's a rumor.
I thought that we had lost you for a bit there. GLTU.
Post 29058
Then you didn't actually read the posts.
More than one poster stated unequivocally that the deal was off. See posts 29058 and 29071.