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Naw. Sink it faster and keep others from jumping in to their demise. Better boats out there than this tub o' scat.
Thats safe to say. Doubt 2's in volume will hit till next week if the trend continues. Today was just scared money taking exit but set a new level. Gives you time to rethink that strategy and avoid a 50% loss right off the bat. If yer gunna gamble. Try the 1's. Maybe frank will toss a carrot and MM will sell some retail and you can make 100%. Doubt it tho. He will save any real good news post split after the initial selloff and any conversions will get first dibs at any buyers.
"Wow, this has really gotten negative"
2's hitting now. All but over. No bid maybe earlier than EOM. We might see some speculation/gamblers at 0001 in the hundreds of millions of buys but if anyone does, remember 0001 is not the bottom in the case of a R/S. Any shares bought at trip 2 will suffer an immediate 50% loss if she goes to trip 1. Those who bought 3's yesterday are already 33% down in one day. Ouch.
Ya'll still pickn on each other?
Whens that R/S supposed to execute? I had it down for friday. Probably off some post here. Too lazy to do some DD here and find out myself. So maybe Monday the excitment begins?
Well lets hope it does trade. I 'own' thousands of shares that are worthless today Not holding my breath. Hoping to be proven wrong and laughed at.
I think he truely believed in this stock but relied too much on charts. He was also smart enough to jump ship once looking beyond the smoke n mirrors. I did same but kept a foot in the mud pit.
All that aside. The lack of reporting and performance here speaks volumes. No cheering or bashing required really.
People here should really take the time to look at this quality DD. Says it all. GLTU
Easiest to just go back and read my recent posts.
This statement is so terribly wrong. I have called this right all along. I am standing by my opinion that this will be no-bid by EOM and R/S announced for late March/April. Since high probability this is well over 2 billion shares now R/S will be around 1 for 200 shares or maybe worse.
Ditto. YUP
Just some toxic lender balancing off some earlier conversion. Those would have been 5's from last month @ 70% discount. Whats the VWAP now? Probably low 3's. Yea. They really want to get this down to 3's to get cheaper shares and start selling those 3's my guess. Stuck at 4 now. Kinda like a no bid really.
Heres hoping. If dilution doesnt hit again she may rise but it will be a rocky flippn ride w every step = 25%. We saw this two weeks ago followed by a leg down. We hit 3 this time just like we tapped 4 then. 3 may be the norm next week. Sheesh. I seen this same scenario on three tickers of mine this year. I just trade em now. Easier and much more profitable for the Co. to just R/S as ya'll will see soon.
Yes. Feel same. Total BS how the company has treated the shareholder. No proven value here, just broken promises.
Never marry a stock. Smart enuf to know when to hold em, know when to flip them. (HH circ Feb, 2013)
The big question is how does WNTR aquire all these assets. Oh yea. With shares. Same shares that are being converted and diluted by the mega millions. Suspect many are sold to pay the salaries of our 2-3 employees as well. R/S coming IMO
Yep, a trader. All WNTR good for is a quick flip. If I were an investor here I would be 95% down like all the Longs. Hope you have not been holding here. That would be bad news for you.
Thanks for putting that together for the newbs. Thats what I am talking about. Been 7 months since we got anything near 'solid' info on these deals. WNTR is not reporting. Totally Quiet except for a carrot tossed now n again that ends up rotting in the heat. Who knows whats been happening since. Unprecidented dilution since June 2014. Many 200 million + days and full on negative PPS trend all along. Nice that you are optomistic, but the wool not covering these eyes. IMO of course! And same opinion of any experienced trader my guess ;)
We made a lil run to what.. 6/7's a week or so ago after hitting 4? This latest dilution hit 3. Over for how long. .. A day or two? Opposite of stairway to heaven. GLTUA
SOS Correct for the time maybe. A lot has happened since then. A whole lot... Of dilution. My guess is based on the many 100+ and 200+ million dilutive trade days since reflected w a steadily declining PPS. You know as well as I do you cant max out the AS into the market. Its been pushed up IMO. Way up and since the company is non reporting we are in the dark minus a PR carrot tossed out now n again to keep us hopping
I been here over a year. Peeps call me a basher but speaking my opinions based on what I see. And I have seen a lot here. Made money. Now I see a trend that leads me to believe this is going to R/S. No hope as bloated as it is and getting worse everyday. Dilutes more now in one day than the whole float when I first got here ~85 million. Think about that. Buy back? No way. They can just RS the OS only and save the preferred shares intact. Rinse. Repeat.
No. Recent updated information. Not that old outdated stuff gump. Sheesh
I am rite w u. Sold most my shares in Dec when the mid day went mid 20's. Bought back in low. Playing this for the flipper it is. As soon as this current conversion done it will rise up a bit n dump dump. Dont hold it. Just hate to see any newbies get duped into holding this long and loosing ALL.
Dont be naive. TA Gagged? Do you really know what the share structure is?? Anyone?? Link? Have you ever heard of fake bids to represent a false bottom?? So the conversion can be dumped higher PPS? As much as been dumped last month we are approaching 2 billion OS. WNTR is non reporting stinky pink.
You guys are dreaming and/or pumping. No way does this much volume equate to no PPS movement. We are not stupid. This is a continuation of a conversion aka DILUTION. Definately not a buyback. Predict 0001 by end February. No bid and R/S announced by March. This must be well over 2 BILLION Outstanding by now which means 7.5 billion AS or higher.
Dont worry. Plenty to be had once the 4 level is fullfilled.
Well you havent been right yet so ... Call it like it is. If it quacks like a duck..
Anyway, Watch American Sniper yet?
Worse today. If a guy could guess the bottom he can double up easy before the next conversion. My guess is three. Then another small run up. Then another dump. Eventually down to 0001 and no bid then R/S. Seen it too many times this year.
105 mill is peanuts at this dilution. Whats he got in preferred shares? Thats what counts as those can be protected from the reverse.
Am i seeing right? Over a billion served today? Whens the R/S?
Shares promised/given out to the likes of Tangiers and other toxic financiers or even as part of aquisitions are bound by agreements on when they can be converted and sold. Thats to avoid them tanking the PPS. The recent conversions could have been from deals a year or more ago. Lets just hope they are about done but we dont really know. Or lets hope he pays em off w dat $2.4 milly I keep hearing about. This is the debt I keep talking about and falls on deaf ears. I doubt he will use any new found cash in those old deals when he can just let the new stuckholders pay em off. Then R/S or try to raise this titanic via a buy back. Doubtful ornwe would see these conversions happening today.
That trade was made earlier this morning and reported after hours. Then the shares sold thereafter. Thats a conversion. Today like last week 200 milly days is debt paid on the backs of the share holders. We gotta be close to 2 billion If not over.
I hate being right. Dilution aka conversions aka debt payments still occuring here. I also hate that the Co is non reporting. Keeps us in the dark for any shares given away to pay for this n that and when they will hit the market. Its not the company selling shares, its the debt conversions from shares paid out to who know who and who knows when. All dolled out w timing to preserved PPS or when news hits.
Lol. Watch what happens. Been here. Done that. Live reality.
I stand corrected. I thought they were really going to uplist ... to a significant trading platform. Not just OTC.
Ummm. Meant 1 for 500 split ;)
I wish I was rich enough to short this stock :) nope. Just broken here. So lets say they buy much more than half the OS like you say and we end up with half billion outstanding. Still a $ billion + market value. Not logical. What I am getting at is $2.4 milly is not near enough to get this to $2-3 bucks a share anyway you look at it. SPECIALLY when considering all those other factors you speak of. Way too many shares out there to get the PPS high enough without a R/S. My guess is even spending all that $2.4 milly on a buyback will only get us to 2-3 cents. They need around a 500 for 1 split = $0.35 then apply the buyback and good news to get up to a listing PPS.
Do some math for us. Factoring in the rise in PPS if and when the company begins a buy back, how much of the current float can be accounted for with say half that $2.4 milly.
Lets say they sneak in and befin buyback here in the trips as some suggest. Get a good start while PPS is low. Remeber we need to be around $2-3 bucks a share to uplist. Lets just figure a conservative $0.01 average buy back SP. $1.2 milly will buyback only 120 milly of the ~1++ billion float. Say resulting float is 1 billion conservative after the buyback at we are at $2 a share. Ask yourself this. Is the resulting market value of this company really $2 billion ?? Lol
See current share price as proof. Huge volume and no PPS increase. Lol. Quit dreaming. BTW. I own millions of shares here and thousands of GCHI. Just givn up on this after so many broken promises. Know where its heading...
Hey. Whats the current share structure???
Shares owed/carried by others is debt. Where you think that half billion in news shares diluted this last month came from? Bought up/debt paid by the SH. Didnt get that '33 milly' in purported assets as a gift did we? There will be more dilution coming. Dont know cuz company is non reporting. Anyones guess
1)Approved change of name.
So what? Good keeping up with times but really. A names a name and worthless.
2) 2.4 million funding for capital and buy back of shares.
How much towards the millions in debt owed here? And how much towards buy back? Dont know do we.
3) PR of no R/s needed.
Read actual PR closer. Forward looking. Nothing concrete or absolute.
4) uplist 1st quarter of 2015.
Heard one that forever.
So you are saying we will be in the dollars within a few weeks allowing time for the uplist by April. Allowing for the obvious increase in the PPS you really think that is possible with a fractional share of $2.4 milly? He couldnt even get our phanthom GCHI trading in 6 months. Lol. All IMO of course. See current SP for a reality check.