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No way I'd short this with the carnage caused by KBI_ so recently. Low float biotech shorts are DANGEROUS!
What news do you think is coming?
I know, right? Someone needed sushi money for tonight's hot date fast!
Just an out of sequence trade posting after hours from earlier in the day. Nothing to worry about!
Yep. E*TRADE is just posting out of sequence and form T trades from earlier in the day. Official $GEQU closing price was 0.0339. All good :)
There's that $0.0375 close I was expecting. Now $0.0371...
And it wasn't a "fluff PR". It was material to their business.
Honestly, big board stocks release PR's all the time in defense of their share price. Why can't OTC tickers do it as well?
Because obviously until due diligence is complete and the deal is official Veteran's Capital Group didn't want it publicized. Simple.
Expecting most remaining shorts to cover by end of day as they hate being short over the weekend. Still looking for close in the $0.0375 range as previously stated. IMHO
Given the price action post PR, and the fact that I see fewer and fewer short covers coming through on LVL II, I suspect we close today at or above $0.0375.
There are 600,000 more shares traded as buys today versus sells. We should be moving higher but for a select few MM's who are doing their best to suppress the price and scare folks out of their shares. Call them "weak hands" or don't but that is clearly what is now occurring. I still say we close green for the day. MM's will be afraid to have a large short position over the weekend when news can drop post or pre-market. Still a great buying opportunity at $0.03 IMHO
And there's another 500k cover well below the current bid.
Another 1,000,000 just covered at .0293 well below the then current bid. Easy to spot the covers. We are going to move higher today...
That was someone covering and they did it below the then current bid to ensure they got fully filled. I've seen MANY of the shorts cover today just by watching level II. I believe we finish green today.
Thanks, Gravity! You have a great day as well. Not sure whether we close up or down today but I guarantee the long term trend remains bullish on this Company.
Interesting day based on all the posts to the board. I added another 50k shares during the dip. Not a lot but was a nice pickup for me to add to my stash.
Something that everyone seems to be missing in today's message board discussion is this: there were exactly 1,971,102 more shares transacted that were sells than were buys today. And that is it; 1,971,102. Assuming an average price of approximately $0.0375 (maybe it's less) that equates to just under $74,000 more in sells than buys for the day! BIG DEAL PEOPLE!! If we have 2 million more buys than sells tomorrow or next week or whenever we'll be going right back up to where we started today. It's that simple. Get a grip people! Sheesh.
The chart looks amazing and the RSI has cooled. Reach down with both hands and take a hold of whatever you've got and hold on to your shares for a few days/weeks/months and I suspect you'll be glad you did. Have the fortitude to add to your position and view this dip as the great buying opportunity it is and you'll really be celebrating in the days/weeks/months to come.
Good morning, GEQU! Only 6 hours and 45 minutes until the market opens. Woot-woot!
Methinks it's closing at $0.0468 today or higher based on LVL II.
$GEQU Loving the price action and continued consolidation today. Very strong chart continuing to develop for the next leg up. Great appointment today by the Company and shows they continue to execute on their business plan! Chart says it's going back up to at least $0.25. Keep watching, it will...
These are the kinds of posts we need to see a lot more of from all the knowledgeable longs on the board. This is just like smitter's DD; factual, incontrovertible evidence that the company is executing on it's business plan and reaping the results via increased revenues. These types of posts are what cause other investors to come aboard and stay for the long haul. Nice job!
"Well until news drops of course..."
...and that's the beauty of this... Shorters WILL get caught with their pants down because no one knows when news will be coming out but all expect it to be soon. If they load up their short positions, they will be the ones panicking to cover and helping to propel our PPS to new highs the moment news hits. This company and it's share price just can't lose. My advice to anyone still on the sidelines or particularly to those thinking they lost out by not getting in earlier is "GET IN NOW" before you lose out again on the next leg up. $GEQU ONWARD and UPWRAD!
Awesome! Sounds like a great resolution. When it's pennies higher over the next few weeks, she'll thank you!
Keep the explanation simple. Just say "your order didn't fill, honey..."
Looking at the hourly over the last 5 days, if we break above $0.046 today - WATCH OUT ABOVE!!
If I had any dry powder I'd be slapping the ASK! Next week, these will look like serious cheapies.
MM's had just gotten short over the last several days trading sessions and needed to cover so they drove the price down by dropping the ask. That, and found foolish sellers willing to part with their shares and assist in the shake and bake! MM's likely unwound their shorts and are now ready for the next leg up over $0.05...
Nope - it looks real and is starting to fall now...
That 170k CDEL has on the ASK will be taken out before close :)
Holy crap! I go to the gym for a few hours and come back to 300+ messages - YIKES!
E*TRADE Pro
431k on the ASK at $0.04. That is where this is going shortly. They'll get filled. Watch.
I was thinking about that lame post about shorters attacking the stock yesterday and I don't buy it. IMHO everything I've learned of OTC shorters is that they like to come in when a stock has gone on an amazing run around the $0.40 - $0.50 levels. It is very expensive to short OTC stocks and not everyone has the cash to do it. I just believe yesterday's selloff (followed by immediate recovery) was MM engineered or, as some have put forth, the result of a naïve seller who placed a big market order allowing the takedown to occur. Just my own two cents!
Easily! Next week I'd imagine but we'll see :)
$GEQU this stock also trades like the float is nearly locked. Strong moves on 10 million+ volume several times over the last week. There just aren't many shares out there available for sale. EVERY small downward movement is immediately bought up and this gem consolidates it's gains higher intraday. Also, if you look at the RSI and think a retracement is due; you're wrong and would never have gotten in over the last two months. This stock is a monster!
$GEQU: if you like trading stocks to make money, better get in GEQU before the closing bell today. It is making a monster candle on the weekly chart this week and is going to blast off next week; particularly if news comes out. Don't be a chaser; position yourself accordingly in advance...
$GEQU - love, love, love this stock! I overslept this morning and woke up to find huge gains yet again! Love that this one doesn't need me to babysit all day long. Think I'll head to the gym now and grab a Starbuck's afterward :)
$GEQU: Growing client base with increasing revenues and profitability + toxic financing and convertible notes free = GOLDEN OPPORTUNITY
Get in or get chasing!
$GEQU it's fun to imagine how high this will spike on the next news, whenever it is, particularly if it informs of the first completed client IPO. Resistance levels on the weekly will mean nothing as it skyrockets back up to $0.25+ Watch.
$GEQU - If anyone wants shares, they're available at $0.043. That's where they're at right now. Gotta hit it to get it!!