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Can someone simply please explain to me why there are these large purchases at the end of the day. The O/S remains fixed, no retail trader is selling YET 50M shares show up EOD.
GTCH. I am tired of good prospects and potential. SHs need factual results affecting the bottom line...
Great prospect! No $$ mentioned. No impact on pps - YET.
"no one wants to buy it ". Safe to say right now. Three years of drag pretty much explains it - with a few ups as well. Depressed pricing certainly provides incentive to buy if the retail trader has any speculative drive. Many do, thus the inflated O/S where, as the management released more A/S to O/S, they were gobbled up.
Yet those buyers, including myself, gave little attention to WHEN. The POTENTIAL remains, but for 3 years now, nothing substantive occurred to warrant an actual rise in the pps, in fact, the reverse occurred. Now most SHs own gobs of GTCH at pricing far less than what I paid to initially enter the game. For sure I bought more as the pps tumbled to lower my own personal GTCH pps. Still much higher than the current pps.
Even so, you are correct: I am done buying shares. Buying pretty much belongs to short newbies now. I can only wait. Boring as hell.
The REAL question remains though... Do I remain positive when thinking of potential? Of course!!! SHOW ME THE POTENTIAL!
86M traded...does not matter what you see the L2 close at. Trade demands accommodated with the never-ending supply of magic.
It appears that everyone has their full off the GTCH plate of 1s.
At least L2 is preparing for the run. No walls.
Don't forget, GTCH gets a big chunk of AVAI's success
I agree. It is only the time required to put it all together that I have such a hard time dealing with. Unfortunately, ALL my Pinky play money is in GTCH. Nothing else to get excited about. Why I may sound distraught is that my presence in Pinkyland DEPENDS on the final outcome of GTCH. Win or Lose????
I know, I am a dummy putting ALL my EGG in one basket....
GTCH is complicated. In math, complicated is champion of attention. In science, Nobel prizes are given for resolve. In business, money is to be made.
No doubt, waiting is taking its toll. My postings seem frivolous and repetitive. No more posts until I actually have something to talk about. GTCH is so silent.
Next Week??? For now, I remain convinced that MMs are issuing naked shares to any retail trader placing an order to buy at .0001. For the love of me, I cannot understand how or why the SEC allows this. Nurturing the retail trade is one thing (actively promoting trade - MM's function as I understand it), but to what extent can MM's ensure that each and every share they issue without a physical share (certificate) to back the count? It appears unlimited.
I do not see myself as being that foolish to believe that all shares can and will be accounted for in the 'end'. For example - those shares converted to an audited physical share count of a buyer's shares when GTCH shares undergo a conversion upon a buyout. Corrupt as hell as I see it. Don't think that retail trader's interests are fully accommodated. No doubt within my belief is that the retail trader suffers any "loss" as a result of this 'slippery finger count' due to the fact that the company buying GTCH "eats" any broker accounting of "actual" GTCH shares on account...backed by certificate or not. Magically, all false GTCH O/S shares that exist at that time, do, in fact, become certified with the buyer's shares, diluting real value at that point.
Where is the 'fair' in that?
12M shares at 500k each... Did reduce the ask... Should I be looking at this activity as an indicator?
IMO: NO!.. Epsilon is the heart, as I see it, to MANUFACTURING Chips - Wired would have the rights to using these NEW chip capability to do what they have in mind, but only a chip manufacturer would use the Epsilon patent to create the chip capability described.
For, Wired, what GTCH operational improvement patent (if one) would do the trick?
Yeah, initially I thought it provided a bit more clarification on direction but Wired, appropriately it seems, only raises the number of disconnects so present when anyone thinks of where GTCH may be going. Clarity is not one of GTCH's finer attributes.
OK... What patent of GBT/Tokenize covers this: "Renowned for developing high-performance, low latency networks, Wired4Tech is a preferred partner for organizations seeking to excel in data communication".
Another patent sale for GTCH to announce? How many shares of Wired does GTCH get from this NEW (TBA) contract ?
Paul Avirill - previous AVAI COO, now CEO of Wired4Tech. NEW 'associate' companies left and right these days. Getting the impression that a WEB (conglomerate) is being created to build a structure where GTCH can generate its own income from the patents it owns without selling GBT/Tokenize outright???
Might get a bit of action from this:
https://finance.yahoo.com/news/avant-technologies-engages-wired4tech-development-120000745.html
Printed words are to CYA. Rules are meant to be broken is probably more realistic to follow. Here's another... where there is a will, there is a way.
It really comes down to enforcing the "rules". Those who break rules have the means to ensure (likely) that enforcement is a spit in the wind. They "bank" on high assurance that no enforcement will occur.
Right on boomer.
Unfortunate if you did. Hold for a bit longer. IMO, get rewarded for hanging tough.
Still convinced time awaiting is due to legal hassle. CYA BS. GTCH has got to have something big in their pocket. SNLYA.
IMO, while naked short contracts have been set for quite some time, they are NOT required to sell those borrowed stocks while the ask remains at .0001. MMs will continue that delay until GTCH issues SOMETHING DRAMATIC (like the sale of GBT/Tokenize), listing yet another patent redo contract does not cut it.
I think I can summarize my last two posts easily by saying that "I am only trying to describe some of the RISK I bear in buying ANY ticker on the Pinky Sheets."
What I am suggesting is that when an actual buyer of GTCH steps forward, THEY are not only buying up REAL shares dictated by the O/S but also all those damn fake GTCH shares as well. THEY will clean the slate of all that bad math on the board by making ALL outstanding shares of GTCH, real or not, disappear. My guess is that all those fake shares they issue that are, in fact, accounted for in some brokerage account (that total WILL be provided to the buyer at some point) and that will be the total which will be 'prorated' in deciding what conversion factor will be developed (that is, how many shares of GTCH will the real SH have to give for each share of the buying entity's shares).
Poof, the glaring mathematical error I seem to take note of suddenly disappears. All gone....and the MMs never have to replace any of these damn fake shares I seem to see flying everywhere. MMs get the money they sold those fake shares for, and the buyer of GTCH cleans up all the mess when the conversion finally occurs.
Does this come close to a deep dark secret? I sure am never going to know. Nor will I pursue it. If I make some green after owning GTCH shares and having them converted to the new owner's shares, I certainly won't care.
The BIG question in my own mind is, if there is in FACT many more non-existent shares being sold (I am saying that the REAL O/S out there is FAR LARGER than what OTC is reporting), where is the money going? Is the MM, in obligating fake shares, also required to buy up REAL shares when the GTCH BIG BANG occurs to replace those fake shares when there will be MANY retail sellers trying to take in some of their gain of a rising GTCH PPS?
Anyone reading my posts lately in regards to my stating that I believe the MMs are SELLING fake shares MUST also realize that the MATH in making my 'THEORY' working out MUST include a concept of MAGIC MATH in order for the ACTUAL shares of GTCH being accurate when all of this ends....sometime in the future.???
I really hope that can be the case because right now, NO WAY is this trade we are seeing capable of being legit after a final audit..
Can, again I am convinced what trade we see today are not 'real' shares. Great retail buying but there are NO ONE selling GTCH shares right now AND GTCH management are NOT releasing any new shares (raising the O/S). All MM BS playing out in front of our eyes. MMs selling naked shares! Such an injustice to the trading platform and the concept of supply and demand. Not illegal (but it should be) but is one helleva an abuse allowing WS BBs to steal from the pockets of retail traders using this unnatural and manipulative means during this phase in GTCH trade. Morals do not exist in Pinkyland???
Traders would be better served by buying into GTCH. Leverage is the game....
With the BNIX news today, I think that Longs might get some satisfaction in knowing that GTCH IS becoming more in focus for the share trading world. Many new retail investors expected to join the current SHs, chosen as a VERY GOOD speculative ticker.
I also believe that GTCH offers the means of being far better economically in current cutting-edge technology (an assumption on my part at best) that might just give the BBs heartburn. If the BBs are unwilling to pay BIG for what GTCH is selling than they have no choice than present political hurtles that make it quite difficult for GTCH to move forward on their own...even in 'partnering' with a not-so-known chip maker.
A lot of high-stakes variables in the stew GTCH is trying to make. Exciting times yet frustratingly long in getting a chance to EAT some of that stew!
That kind of action DOES warrant some relief by shareholders of GTCH. Money IS being spent to nail down agreements that could generate substantial sales/revenue for GTCH. Perceived VALUE should be the driving force over the next month on so.
Only problem for me is that I am being forced to be patient WHEN I DO NOT WANT TO BE! Damn, get on with it GTCH, will ya...
No, the 'temporary' CEO of Vision Wave. A behind the scenes operator that has clout/interest with GBT/Tokenize....and the cash necessary to establish a temporarily existing company that could 'buy' Apollo with their 'company' shares and THEN be bought out by BNIX - as I see it. Strictly a legality exercise.
From one 5-year-old to another. It is all in the results. BNIX wanted Apallo (sp?), a loan collapse kept them from getting it. So... Wave created itself so it could 'buy' Apollo for 30M non-existing shares that have now been converted to 3M BNIX shares which supposedly are worth, now, over $30M. A paper chase to get Apollo on the books in the hands of BNIX...and eventually, EVIE. Bottom line, GBT/Tokenize has just sold the Apollo patent for $30M+... on the books at least.
It is absurd how much legal mumbo-jumbo goes into these agreements. A handshake does not cut it anymore! Also why any purchase of GTCH directly will probably take as long as it would for hell to freeze over...
I can't say I think it is big, can, but it sure does clear up a lot of muddy water. Why I do not consider this a big announcement in that it will take a great bit of time to show why it is worth all the fuss. SHs all around still need money to show up on the books!
I cannot shake the feeling that this week, like the last, is for naught. On I go to NEXT WEEK with the possibility of getting THAT PR I have been waiting for. That June/July prediction I made some time ago is sadly gaining respect as each week passes... Crap.
NEVER right here, all guess work. That increase of 1B O/S is interpreted as a 'hand-out' to me. Management/insider was "given" shares to either offshoot pay for time or to grease the skid - NOT an increase due to retail trade - of course, some/Most could have been market influenced buy but I just see that 'round figure' as a company payout in some form.
What the hell do I know? Nothing. Just forming an approach to how I want to view it obviously. Without REAL information, all of us remain in the dark.
Anyone watching the OTC short report? It is curious that the report continues to reflect that the naked shorts prevail per trade volume. Dark pool or not, MMs are filling retail buyer's bid with 'naked shares'. To me, it appears that EVERYONE of the retail holders holding shares of GTCH are NOT selling. If GTCH management is not releasing any new shares, how are the retail buys filled? By MMs filling those buy requests with naked shares! Mathematicians would love to examine the 'NEW MATH' MMs are using. What is going to happen when retail selling climbs in a gain-capture surge, such as expected if GTCH is sold??? Is the cash received upon shares being sold going to be fake too?
Couple weeks! Piece of cake...
I remain mindful of the point a poster made yesterday in reminding SHs that the tech that GTCH provides in its patents is threatened by time. GTCH-type technology is time sensitive and getting it to the market NOW is critical for any hope in having the GTCH pps rise. Too long and another ticker will LIKELY invent a better mousetrap than GTCH.
My guess is that GTCH management is very mindful of that as well. Such a delay in acquiring a buyer for GTCH technology is worrisome to me.
Good question with a not-so-good answer. Pipe dream. GTCH evidently wants/or it is practical that Appollo can be removed from their 'sell package'. Does seem to offer many opportunities for an offshoot to develop a singular company to utilize the patent's potential.
Just like BNIX, this new one is 'being developed' with potential in mind. SOMEBODY, a non-current presence, will likely "partner" the current contract that already has the cash to develop further OR has an ongoing effort in place that can make practical use of the cutting edge technology the GTCH patent provides.