Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
from 32% up to 16% up....better said...a decline in the rate of increase...how's that?
Whoa...that was quite a drop...those who can see L2...r we on the way back or going down?
Pump and Dump is the usual pattern in these pinks...don't bet the kitchen on a continuance of this run...momentum turned negative at the close...having said that it was a good day...
BlackOOSS..IYHO this is the typical peny P&D...
Anyone know why we are not trading?
Crystalballz....there will be no rise because the retired shares DON'T impact the tradeable float....therefore there is no effect on supply and demand for shares while someone is pouring NNS's into the mix and mgmt is issuing shares also...the OS is around 1.2B...
Crystalballz...what if the seller is "slinging" naked short shares of which there is an INFINITE Supply...then what?
FINRA...I agree with you...shareholdervalue...where...stop talking and create some Frank...patience...chit...i will take $.0025...when it reports in August 15th it better be good because the shorts have all our cash right now and we are all "stuck" at the bottom wishing and hoping....for some kind of rise...but we may not get anything for some time with the currrent global climate of fear...the gulf oil spill that could shutdown the gulf coast, terrorism, korea, china slowdown, europe, banks, soverign debt...a dizzying array of problems...investors have pulled their horns in a re VERY risk averse...
see message Posted by: dh30067 Date: Thursday, May 27, 2010 11:20:14 PM In reply to: Finra who wrote msg# 27162...this explains the decline pretty well...PSC and CEO manipulation...now we are stuck waiting for the next financial report HOPING the CEO is able to come through....I think he will but its a frustrating ride...
NSS NSS NSS...someone is printing shares...lots of them...thus the pps declines or prevented from increasing...that is all...no translation needed...
As long as the company has a tradeable float of 725M to 1.2 B it / we can be whipsawed like this with no recourse...the CEO has taken a RS off the table so he has no choice but to purchase shares which he can't afford to do...all wc is directed to inventory, capability building etc therefore the MMs can do whatever they want...the NSS can take your money as fast as you lay it on the table...without extraordinary buying pressure the pps increase everyone is yearning for is not coming anytime soon...maybe in 2011 when sales are reported...and it better be off the charts good...but we have seen good companies sabotaged by NSS...as long as the above conditions persist NSS wins
Ahh....ya think?
oh baby...someone is printing shares faster than the Fed can print dollars...trivia...its takes one person 36,000 yrs to count $1T one $1 bills and there are over $1Quadrillion in derivatives OS...who will count those itches?....
hunggar...its not that i don't see the potential...its the bullchit that goes on...a legit company with legit prospects and all we have swirling around it right now are bandits and trainrobbers and thieves and charlotans (sp) whose sole intent is to kill it as opposed to invest and support...i know the pink world...and my position is not enough to lose sleep over but it chills my grits to see this chit go on with our SEC doing nothing to rid the pink world of this activity...
plus...posters who support the stock likes it Apple and curse for say ing any negative and the pps plunges...i wonder why...are these posters real or bashers whose job it is to keep you buying while they issue Naked Shares and swipe your money off the table...pinks are a nasty place with nasty players but filled with potential...peace
I feel your pain...I am on the wrong side of this trade...i need to start myself a pink and pump and dump all day so that suckers like me can be drawn in like a moth to a flame only to be burned...
Well...trips are here...
Does anyone on this board have a clue what is going on in this stock...
I would guess that shareholders are bailing because of all the risk in the global economy that may spell death to a startup....example...one of our product lines is French wine...Europe is in trouble...which means china may be in less good shape therefore savvy traders are bailing and will return if fears are not realized...that could take a LONG TIME to shake out...in the meantime gdhi could be dead....
I don't think so...food is always something that will sell...if one can hold through the year end...IMHO...riches will be realized as sales will exceed expectations...
In this crsis...markets will be hurt but the world will not end...
Comments?
kastlem...do you think mgmt is selling them into the market? i hope not!
dshade...that infusion of WC was with warrants that could be converted to common shares at a strike price of $.025...i think it worked out to 38M shs...that is not a bad trade off...800M for 38M...my problem is the reduction is not on the tradeable float but the restricted shares the senior mgmt had that could not be traded anyway...i have seen numbers on this board on the float from 725M to 1.2B...both are too high...if the MMs are walking it down I hope it to make retirements at the lowest possible costs 1B shs costs $1.1M @ $.0011 per shs....if mgmt could muster that for share retirements the pps would rocket but that is a pipe dream in the pink world...maybe if frank hits the lottery he would be benevolent and retire shares
What is the current OS...i hear its 1.2B depite the shs retirements...the tradeable floate i hear is 725M????
Yeah but in the mean time there is a lot of collarteral damage they can do until the voting populace figures them out.
Well...it looks like I am going to get my 000's to buy at...it also means I am UNDERWATER like a big dogg...it hurts...and now those who were saying we will POP soon are saying in 2012 we will see $.004 or $.005...and sales seem allusive for this company as the general Chines economy slows with the gov't tightening...which could be exascerbated by the general deflation taking place all over the world...when the "tea party" representatives take control of congress all stimulus will be removed, europe is going to go through massive credit contraction, china will slow but continue to grow at 6 or 7 % which is a recession for them and commodity prices are going to contract big time and the US has 24 months to deal with its deficit before very negative effects start to surface...dealing with our deficit means budget cuts (more delation) or tax increases (more deflation)...
...that is my rant....now someone tell me where GDHI will get its PPS increase we have all waited for...I have my shares and will buy more after we drop to $.0009...
dshade...I agree...we are down here...the sellers may as well give us something for being here...some triple 0's sounds nice...
Drax Tracks is ABSOLUTELY CORRECT...if you don't try you will never succeed...the only to win is get in the game...
It is hard to find a penny stock that will turn in to a major company...it usually takes years for the potential of the company to become apparent to others...in the meantime those early investors have to HANG tough...and endure major league challenges to confidence and watch the PPS gyrations with nerves of steel....particularly in this new environment where the legislators allowed the markets to move from somewhat orderly to a FREE for all....this new environmnent will keep retail investors on the sidelines for years until they become comfortable with the new normal...which is VOLATILITY, VOLATILITY,VOLATILITY, and more VOLATILITY.
Thus we have the gyrations in the GDHI PPS...LONGS must average down and hold for the eventual pop...but that could be YEARS away because the shorts and manipulation have gripped this stock and the only cure is buying pressure...which may not come for years because the EURO problems are going to slow the entire global economy and China...
Well...i see some on the board are thinking manipulation...which is the only reason this stock has not flown to the pink sky...with a large number of shares OS it is ripe for NSS and regular shorts despite the retirments....and as is normal in the pink world the MM can do whatever they want as long as the buying pressure is minimal...and buying pressure is minimal here because fear has GRIPPED the market by the throat (North and South Korea, Financial Crisis, the withdrawal of liquidity around the world, China slowdown, SOVERIEGN DEBT FEARS, europe slow down, two wars, attempted US terrorism attacks)...the NYSE is defying gravity by holding above 10,000...
Spoken like a true trader...earnings are ultimatley the only driver for long term and sustained profits...in the pink world dominated by tricksters and scammers a pps can be driven by information of all stripes. The pps of many companes are at high levels and low levels which cannot in anyway be justified using "traditional and historical" methods of evaluation. In the current climate trading is dominiating from Pinks to NYSE. Only a hand full of market participants have confidence in traditional methods of analysis. That lack of confidence is the direct fault of wall street when if decided to experiment with of almost complete deregulation. We see the consequences. We do not get confidence back into the markets and re-establish trust the entire model will crash world-wide and economic activity will suffer for a two or three decades.
The other perspective is earnings drive stock prices. With 1.207B OS the company must generate 12,970,000 in after tax earnings to have $.01 in EPS; assume a 5% return on sales that is $259,400,000 in sales...that level of sales is two or three years away probably...someone help me with the math on what PPS that generates...
So the float is 1.2 Billion with a B...holy moly...
Count down to the May 15th...
We will see 100M shares retired but not out of the tradeable float. The last tradeable float number i saw was 725M. Financials should be good...i hope to see more container shipments, expansion of the number of stores and contracts with large distributors...sales should be stellar in second quarter which we will see on about August 15th
We are all on hold in anticipation of the financial report...
Soooo we are all on hold until May 15th?
Well well...this is a fitting end to the SpongeNation...i made decent money trading this and its should a lesson to all honest investors not to listen to the so called longs whose sole purpose is to sucker you into these pink POS's to trade out and take your hard earned money...remember there is no such thing as in investment in pink land only trades...
MMs are clearly manipulating the pps....no pps goes up and down with the precision this one does with out it...
Lots of folks have been declaring the report comes this week...oh no next week...oh no later...oh no there is no requirement...oh no yes there and then we rely on a "tweet" as a measure of confidence...
we should place a frustration vent on this board...a lot is building...you want confidence...report timely using normal protocol...
no wonder a short saw profit potential in this stock....
This is a silly. Clear manipulation...
No report from the company...
In my experience...the longer they delay the worst the news...
I am an a GDHI optimist but also a realist...
I am Dead as a door nail! This is as dead as a nail!
Noone has a clue...we all have to wait...the majority have lots of confidence in the CEO to look out for our interest...in this day that is odd but here that is all you have...the pink world is speculation and in a speculation all you have faith...
Allowing an MM to naked short an associated stock is a license to steal from retail investors. Legitimate shorts okay...but NSS...absolutely not...the SEC staff surfed porn all day because Christophe Cox would not allow them to go investigate...let the market work...it can police itself...so much for that theory...its dead along with a lot of hard working americans retirment funds...
But GDHI will help many of us CATCH UP!
I am sure everyone has noted that it is taking smaller and smaller trades to move the pps...that bodes well for us...the tradeable float must be really small...when the short covers we may get a gigiantic move up which will crash as longs take profits...a large uptick IMHO is coming...
Huh...nice move for the day...on little volume...maybe the short is quietly covering in anticipation of a strong financial report...
Huh...nice move for the day...on little volume...maybe the short is quietly covering in anticipation of a strong financial report...
i watched some of the GS hearings and i hope the SEC has much more than what the congress had...an MM can short a product after its sold...the buyer has to examine the product (buyer beware)...now if the propectus was faulty the SEC has them DEAD...but an MM shorting a product is BS...IMHO...the MMs here I am sure short gdhi...and all other companies they underwrite...