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I prefer to look to the future trade of GTCH shares as a quandary. Only two factors come into play: Who the buyer is and what the terms are for realizing existing shareholder's equity AND, unfortunately, how the MMs will control the retail trade as a result. THIS is the only factor that makes a difference in your wallet when it comes to showing the green.
THE MMs CONTROL! They WILL be merciless and definitely looking out for the Shorts in the case of GTCH. If you have not been watching, be advised that GTCH has undergone a large amount of naked shorting. HUGE factor, I think, in how the market will 'react' to the TREMENDOUS, good news when it finally arrives. Only, it will not be real. It will be manipulated by the MMs (as usual in Pinkyland).
I expect a rapid rise in the pps accordingly, but I see that the rise will NOT nearly rise as high as some of us expect. The MMs will not allow it. The natural rise in accordance with the buyout (GTCH will NOT be a cheap buy) will take days to materialize. The extent of the first day's rise will be SOLELY to ensure that the Shorts sell borrowed shares at a significant gain above their 'borrowed' price and THEN to have the market pps likewise drop as fast as it rose to, again, allow the Shorts to 'replace' their contract borrowed shares WELL BELOW what they sold those borrowed shares for.
Just the way the business of WS ensures their players profit from the unfair advantage they have when it comes to the SEC rules of play. When the Short belly is full of their ample gain, THEN for the retail traders, the market will be theirs for a while. How will you fair Longs? Selling on the UP is unquestionable, then the WHEN and HOW MANY SHARES is expected to be a glory to behold. Good fortunes!
My answer to your question is: Blatant corruption of the trading system making the WS gang wealthy beyond belief and the legal hands in their pockets feign legality.
While dumb and dumber dream of getting rich buying stock...
It appears that 2024 is the year of the AI. News of the push in that direction is everywhere. All sorts of Pinky companies have been highlighted for this AI or that AI. Some even bought out/absorbed by some Big Boy... I skim such news for enlightenment. NONE seem to shed the light that GTCH seems to possess, if only some Big Boy would turn on the light!
I really have no REAL fact to decern if GTCH has the 'right stuff' or the 'stuff of lies'. I am excited, I do ponder WHAT IF while I wait for seemingly an eternity to actually SEE what GTCH hides behind the door I have selected.
Open the damn door, don't they know I have to go pee????
How are MMs able (allowed by SEC) to create such a trading pattern ? So many leaks in the trade plumbing, yet no one calls a legitimate plumber. Telling isn't it.
This week is a write-off, Next week?
As I understand it, can, even if naked, shorts are 'borrowed shares' that have a 'contractual agreement' that stipulates once borrowed, these shares are sold {contract is implemented} and then replaced { via selling and buyback of replacement shares via the retail trade market}.
I believe the OTC monitor of short trade ONLY reflects the 'borrowing' NOT the sale and replacement activity generated by a short contract. IF that being the case - shorting contracts over the past month or so reflects HUGE amounts of shares that could FLOOD the market upon any substantive GTCH news - like a buyout.
I also contend that a 'loop-hole' exists allowing a 'SEC stay' in the actual sale of the borrowed shares typically outlined in the contract - holding the contract "open" indefinitely until the shorts can actually sell their borrowed shares at a profit.
As a result, given my way of thinking, when the BIG sale of GTCH news is released, for sure, the numbers of retail buyers flock to the gates to get in - sales AT THAT TIME will be short borrowed shares! BOOM, the pps explodes.... at its peak, the shorts demand to acquire replacement shares (cheaper than what they sold those borrowed shares for) and with the support of the MMs, the market pps collapses FAST. Competition between shorts and actual retail traders wanting to sell as well to capture their own gains skyrockets the trade volume, now on the down side.
If my perspective has any merit - Billions of shares will trade hands in a remarkedly short period - one hell of a ride ahead when it all starts.
Nobody reads between the lines, GTCH has to be the one to release the rocket to the moon PR.
The price for a GTCH buyout just went up!
Longs should take special notice of today's AVAI PR. I have long stressed that all GTCH patents seem fantastic but they are a bit lacking in assuring us that the patents actually have been put to the test of operational proof of performance.
AVAI's PR today provides this in its narrative: "one of the earliest companies to market with a functional generative AI".
Good enough for me!! I believe it is a VERY substantive statement as to how 'great' GTCH technology really is. AI is the heart of it all. That good, everything else falls in line!
If retail buyers are paying attention, this day may just actually see a run. Go GTCH!
Right on!
BNIX deal with GTCH??? Been far to long for the March 23 contract to be consummated. What is BNIX going to do next month? It is realistic to assume that BNIX will be unable to consummate the contract with GTCH as agreed...with published amendments.
BECAUSE, BNIX is obligated to extend as a result of the sale of GTCH? The buyer is unknown (not to BNIX management, I would suggest). Does the existing contract have to NOW (or very shortly) be signed by the NEW owner (to be)?
Next week we will be entering March...I feel that is the month of notification of a move we are all anticipating - who is the buyer???
to follow up on my previous post, confirmation of a buyer IS a confirmation of the tech! Any chip maker buying into GTCH has to have ample staff prepared to evaluate the usefulness of the GTCH patents.
To my way of thinking, THAT confirmation has ALREADY been completed. Knowledge of GTCH patents ARE widely known by chip makers for some time now - the "savings/profit potential" is being analyzed in full right now if that, likewise, has not already done.
The REAL unknown is HOW MUCH ARE THEY WILLING TO PAY GTCH for the technology/patents. It is all a matter of WORTH and POTENTIAL it would be to the buyer when they have IT in their hands.
I can dream in my own head of massive $$, but in the real world, the money managers decide. The buying company's management WILL KNOW or be damn close to knowing. The shareholder's pipe dream is exactly that - a dream. The "FACT" we are all waiting on will tell it like it is.
Won't be long now. Only the shadow knows what that will be.
Hey guy! I don't expect ANY website updates. Waste of time, IMO, because they are in the buyout mode. Just waiting for the 'fact' to be announced. If G/T stands on solid ground with 'proof' that their patents provide HUGE advantage to the chip industry, LOOK OUT!!! Though no techie, what I understand about them is that they most certainly do - it is a matter of what cost it would have on any buyer in implementing them (as well as time). I strongly believe it would be in the best interest for ANY buyer to believe so.
For sure can...
I bet all those shares I bought show up as 'short' activity per OTC reporting...
Over the last year or so, I have thrown any cash I might have into attempting to lower my personal PPS. Definitely not a whale but I have a chance this morning to swing a couple of grand to my mix...because I was really frustrated I was unable to take advantage of buying shares at .0001. Today, I did LUCK OUT and buy up some ones! Helped quite a bit in lowering my personal PPS. Yahoo!!! Thank you MMs - now I have made some of those naked shares "a REAL retail purchase". Now what???
The matter is WHEN, not IF. Phenomenal chance for green with LITTLE risk at these levels of PPS. Sale of GTCH inevitable WITH a heavy price tag!
I have to admit that GTCH MAY offer an retail investor one of these special opportunities where what they offer has such great potential that a bidding war happens - not ONLY in selling their assets (the company) but ALSO to whom they end up selling to where the price to buy AND the NAME of the buyer rocks the trading market.
Instant millionaires for those buying in big time and at a share price that offers multiple rounds of doubling as investors seek a piece of the action as the PPS shoots up at a remarkable pace.
Hell, if you are going to dream - DREAM BIG!!!
It might not hurt to "imagine" that they are negotiating terms of sale to a selected buyer already (which I believe would have been numerous BIG BOYS - GTCH is what the BIG BOYS look for after a startup having worthy potential and worthwhile assets goes through turmoil in staying afloat using nothing but the sale of their shares and undergoing numerous R/Ss [sound familiar?]. GTCH, IMO, has no interest in going on their own to develop a business plan for generating revenues OR submitting a request for a CHIPS grant, THEY ARE ONLY LOOKING FOR THE HIGHEST BIDDER TO BUY THEM THAT WANTS TO!
Yes. Also why I hedged a bit on a recent post regarding the CHIPS ACT - leaving the door open for a foreign company's bid for GTCH as well.
Yes. Not taking credit for the vision, just jumping on the bandwagon.
Yes, CHIPS $$ exists to upgrade USA's future role in chip-making moving forward - The use of that money is to make USA #1 in the world for this cutting-edge technology.
That does NOT ensure that what GTCH offers in the cutting-edge chip arena will go to a USA headquartered chip manufacturing firm. GTCH tech, if proven to be cutting edge by any chip manufacturing company stands to be placed in a bidding to buy war!!! The WINNER, chosen by GTCH/Tokenize WILL more than likely, be based on choosing the highest bidder that will 'correctly' bid in the price range determined by GTCH Management AND insiders that maximizes the company's value/future worth. I DON'T expect that price to be less than a B$. Retail investors owning shares MUST see themselves making a tidy profit in the not too distant future.
"he owns all the patent rights and technologies under $GTCH GBT Technologies" UNTIL GTCH TOKENIZE SELLS TO A BIG CHIP PLAYER FOR OVER $2B.
30B A/S. 10B O/S TOKENIZE, 10B O/S GTCH RETAIL, 10B O/S INSIDERS AT GTCH FILLING THEIR CUBBORDS. NAKED SHORTS 30B UNA/S BUT BORROWED FOR THE BIG EVENT.
I KNOW nothing. Can only speculate. I do feel comfortable in stating, when the smoke clears, it will be the buyer's shares that will benefit if BNIX is successful. Long wait is inevitable, IMO, regardless.
Clear as mud for GTCH now isn't it. GTCH chose to SELL their assets that are eligible for CHIPS payouts, so I would DOUBT, as a company, they even applied under CHIPS.
There buyer, on the other hand, knowing their progress in actually buying GTCH would do so because GTCH's tech is exactly what would be covered and assured of CHIPS funding (cutting edge and NEW tech that would require big $$ for R&D.
Thus, I would expect the announcement of the BUYER before March 7th - because THAT company would be listed - not GTCH or Tokenize.
Besides, the buyer would have had to know G/T was already negotiating the buy with them AND the scope of CHIPS funding needs in THEIR CHIPS funding request - probably submitted upwards to a year ago!
So....
Porch, kick ass!!
Should we really depend on this report as providing the "facts"?
I have my doubts. According to a number of posters here, they continue to buy into the ask price of .0001. A detail that comes to mind when considering the OTC short report. Retail buyers are prone to buying large blocks when the pricing is at .0001. None of that happened yesterday???? No newbies???
Man, I am with you! Yet I am pessimistic about 'when'. Now, settled on the possibility being as late as June! A buyer for GTCH/Tokenize is going to want LOTS of assurance that they are NOT buying a lemon...OR paying too much for what they get.
Damn. Just shake on it and move on....
Unfortunately for any of the posters on this platform that make a point of reading all posts, I am guilty of posting currently relevant thoughts but also "food for thought". I have made no pretense that I oppose naked as well as traditional short contracts. As some posters readily point out, GTCH ranks very high among tickers that are subject to high short interest.
As is the case, posters have to ponder "why?". To me, there is a more precise impact shorting has on traditional retail trade patterns. Look how long and how high the volume of .0001 trades (buys) is. Shorting provides and stimulates a very skewed trading pattern. Once the bar of trade was lowered to .0001, IMO, trade was 'locked' into a supply pattern of ONLY trading at that level - thus the seemingly limitless supply of .0001s!
Sure, increasing the O/S is a given. At this level of LOW, especially if insiders and retail buyers KNOW such a low is a "steal", REAL shares have to be made available to the retail trade. Shorting is another matter, allowing me to postulate, that DOES NOT REQUIRE REAL SHARES TO BORROW. While some are real, most, during the heat of new short contract demand, are naked.... MMs creating and fulfilling the demand for short contracts WITHOUT such contracts being tied to REAL shares as tabulated in the O/S. The supply of naked shares can be unlimited.
What is even more frustrating, those short contracts issued at borrowing at .0001 are 'protected', as I see it, with a loophole that does NOT set a timeline for the sale of those borrowed shares nor their replacement to fulfill the specified contract. A loophole centered on the concept that shorts should not be subject to 'loss' in that the contract on borrowing and replacement should NOT occur until there is a market pps ABOVE .0001.
MMs feed contract demand at .0001 with naked shares AND ensure that the existing market buying trend line remains at .0001.....so the short contract remains 'stayed' UNTIL the anticipated buying BURST in the pps occurs where the shorts are guaranteed a profit to sell into the buying surge - shorts should NOT be 'forced' to sell at .0001 to fulfill an imposed term limit.
As food for thought, do you, reader, think there is some logic and rationale to my conjecture?
Does anyone think as I do in that management should/could clearly state that the patents they have are 'operational', in that it would require far less time during buyer negotiations to "prove" their patented processes have been fully tested and proven to be functional? Not clearly stated in their previous PRs - one hurtle jumped leaving GTCH ONLY to prove that the processes can be 'adapted' to meet the requirements of the buying company. Otherwise, SHs could be looking at a much greater period of time before any buyer would commit to the purchase. Could be looking for such an agreement beyond even July 2024!
I don't speak for any of the other long's here, but it will not be that easy for GTCH to concoct 'contingencies' as easily as it was with AVAI and BNIX contracts. At least I don't think so. So, while we all EXPECT an announcement SOON, we may be in for a much longer wait... a wait that has already stressed me out!!!
From what I can determine from GTCH short data obtained and displayed in the OTC short report, there is NO distinction being made between the 'real' borrowed short contracts and the 'naked' borrowed short contracts... just a tally of recorded short borrowing contracts.
Anybody find a source for providing a distinction?
Looks as if not all of the short borrowing is naked during the period of the update.
GTCH did add another 300M to the O/S per the most recent update.
IMO, the MMs will make sure the shorts get first crack at selling off borrowed shares. While buying will be a frenzy pace for a bit...
Any feel for how high the burst in the pps will go. I have generated some 60 day orders to sell some of what I have but not much... that is I expect to be at both ends of the cycle, sell some high but remain to encounter the reversal to the end...how low will the pps subside after the big burst? Still a long at heart. At the end, I do believe longs will posess some REAL hard gain moving forward to further gains after product results offer substantial gain for the buyout company.
IMO, the shorts are WAITING (legally by SEC rules) to sell all those borrowed (naked) shares, waiting for GTCH's inevitable announcement of a buyout. BOOM! Retail buys skyrocket, Shorts sell into it, MMs 'allow' retail desires fed...to a point, MMs close the buy gate (shorts bulging with gains from their sale at unsupported high pps, MMs support retail AND short buyback of shares for less than they sold their 'borrowed' shares so shorts can close their short contracts with a juicy profit...while "newbie" retail buyers who bought during a frenzy holds shares that the bottom sees no end... until all the shorts are happily fat!!!
This is the Wall Street game retail buyers choose to play in - notice how the rules are against you???
According to the OTC, nearly all short volume. Only a few mill bought via retail.
Hello again! Now watching this one
Where my heart is...