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.
Just throwing this off here but it would seems that scion asset management, controled by no other than dr. Michael Burry, took a good position in GEO back in february.
https://whalewisdom.com/filer/scion-asset-management-llc
Cant tell didnt had time to search how much dilution the ticker will undergo, I think there also some special clause they cant sell under .35$, have to dig more.
Ten's of millions of shares to dilute in the next couple months without substantial volume, cant tell for sure but I think it will keep going down till dilution is over.
We dont know about the O/S, t/a is gagged and havent updated in years.
It's up on no volume would be surprise it end the week there.
What a turd this has turn to be.
Alright il a follower now thanks, been playing sub-penny for a while but as the portfolio is growing I'm looking to start investing in options. Gracias
Hey Mantis, what is the JB you followed on most of your play I'm curious, thank you.
NGD Up on pre-market at 2,55, on watch.
Waiting for an entry point under 3's, dont know if will see it tomorrow.
I believe it too, appropriate price should be around 4 cents here but I doubt we will see it before end of the year as we are entering the slow summer season.
Hope there wont be any nt-10k that would send another bad message to the market.
Loaded the boat today, hoping Trump decision on Iran deal will bring uncertainty and sends gold higher.
When is Q3 supposed to show?
Yeah just saw that, wondering what effect it will have on market. Sure oil price is having a wild ride.
Where you saw that?
Lol how much I love IHub empty answer.
I'm waiting for the pps to be more reasonable to buy back, I have always stated that a market cap 5x higher than the revenu here was way too high for where the company is standing right now.
Told you, next resistance is in mid 08. Think that's where were heading.
Anyone got the current O/S information?
Hmm 0,12 have been broken, next resistance would be in the mid 08, hope it wont get to that.
Someone have been able to contact the company? I'm trying to get info about what they're planning to do with the cease trade order for Canadian market but I dont have any answer.
Agree but I'm still trying to get some 2's.
Yep potential is definitly there were just lacking volume. Ive already made a detailed calculation of the right pps for that ticker and anything under ,02 is just wrong.
This deserve a sticky
Been a while since news drop here zzzzzz
Some have an idea why this is going down, news of merger and clinical should at least maintain, if not prop the price up? Any dilution?
Guess future will prove one of us right.
Good luck on your investment
Maybe because people slowly realized that a market cap over a 100 millions for a company who's on the way to make less than 500 000$ in net profit this year is a bit overpriced.
Facts are important, leave bullish emotion behind
There's almost no short at all in the otc, too costly and risky to short otc stock what people mistakenly take for shorts is MM manipulation to bring the price down.
MM have tons of ways to bring price down, they're patient and succeed most of the time. The only time they loose is when people go's long and wont sell under a certain price because the company show's strong potential and can hold a certain pps whatever happen, which is less than 1% of the otc play's.
Thing is even when the audit will be release it wont drive the price up substantially because the recent development has already been valued into the quite generous market cap amfe already have. Will take a lot more to drive pps higher than it's 60 millions market cap when the company will barely made 20 millions in revenu this year.
MM never cover on the way up, they wait it out and drive the price down to cover. Should expect a huge drop here this week driven by MM and good opportunity to catch a bounce or get in at lower price.
It's hard to show the path to a blind man, your giving way too much credit to this CEO and your ready to see every little crumb on the floor as a good news.
Good luck with your investment
I think the complete failure of the public offering should be stickied so new comers would have a real idea of the lack of interest this company is attracting. 4 years of talk of expansions and the only real thing it managed to get done is to go from 3 stores to 2 stores, nothing concrete in 4 years to me it's hard to dont see it as a scam specially when CEO is pocketing the jackpot. I hope people will realize before it's too late.
Why this ticker is still non-DTC elligible?
Would be easier if they would finally solve their cease trading order problem with the canadian securities administrator.
If this goes under 12's next resistance will be in the 08's. Wondering what will come first.
No 10k yet, what a mess it has become. If nothing shows by the end of the day, regarding what CEO said on twitter I will consider him nothing more than a blatant lyer.
Lol on less than 500$ trade, no substance here.
Tanking again, gonna end Up in red again today there's no substance to sustain that valuation here.