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I like the new Airlines Name and Logo
I like the new US Global Airways logo. I tiled it as my Desktop background. Looks spacey and modern. The name is catchy too and that's super important as people will be saying it billions of times soon. Tongue Twisters are not catchy. I am grateful for these Improvements which will help USGlobal to establish itself with a new image separate from any fatigue associated with Baltia.
No Reverse Split would be Great News
I like having a lot of shares. I can see the value in making the shares more scarce, but this stock will trade worldwide no doubt and be very popular no doubt. Maybe they have the right amount of stock already.
I am grateful to be here when US Global Airways lifts off.
That would make a Head and Shoulders Pattern
Looking at the chart for GIGL over the last few months, there is a left shoulder, a nearly perfectly symmetrical head, and a right shoulder forming nearly perfectly in place. If the price prediction for a slow bleed down to under .05 takes effect in a day or so or into next week then it will finish out the perfect pattern setting GIGL right back down where it started all this latest run up at around .02 or .03. It all fits the pattern. I think the price will hold here are .12 to .14 for a wee short bit and then it will make the abrupt downward turn for the shoulder. I hate to see it. I like this company and I'm sure when the dust settles, I'll be back in buying again.
I'm not buying back in until its Safer
The trading is moving pretty good at the moment and the price seems to be getting some footing, but the great fear of more short selling has me sitting on the side. I did buy a tiny bit just hedging, but I can't take anymore big losses on this stock. I'm waiting until the Short Attacks are finished with their business.
Are the Short Sellers Still Coming for GIGL?
Are we finally free of the short sellers or are we still facing more downward attacks this week?
If I buy in the price will drop sharply.
I'll buy in just a tiny bit. No matter what I choose it will be wrong. The experts who have been very right about this ridiculous crash are telling that its not over yet and by next week we'll be wishing we sold at the current prices. No source I know of besides well wishers on this board and my own wishful sentiment are saying its a good time to re-enter. The company has not changed, but the PPS has and it has soured me on this company like crazy. Too much of a Target for stock abusers. If I don't buy back in, the PPS will rise. I think I can find happier investing in other stocks that are not so tainted with abusers.
At What Low Price will GIGL be Oversold?
You mention that GIGL is still approaching Oversold, but its not there yet apparently. I think I can plan around that number if I know what it is. If you have that info could you please share it?
Yes, It Looks Like Dilution causing the Crash, and Panic Selling is the result of the selling pressure. Dilution type events caused this same price collapse up until not long ago, holding the price under .02 and then there was a PR saying it was coming to an end and the price starting bumping up.
I am terrified to buy back into this stock
A Reverse Split at One for 50 kills my desire to buy more stock. From what I hear, we can expect the PPS to go up according to the split but it will drop down to half that new price or less within a week so this RS is going to kill us investors. IF the pps hits .01 and the reverse split puts it at .50, the market drops it to .25 in a week. We're going to get killed with the reverse split. I feel like I am better off buying it after the split. Thats a good reason to NOT buy BLTA right now in my opinion, and I'd like to buy more but I don't feel its safe enough.
You ask a very good question!
I want to know why today is the end of the dip as well. I look for answers everywhere and this looked interesting.
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=GIGL
I never thought it would hit .10 again either. I guess the real question on everyone's mind is, is it hitting .10 on its way to under .08 tomorrow and then under .05 by friday, or is it hitting .10 and bouncing back up tomorrow? My instincts with GIGL from the past would tell me the price will go up tomorrow. However my experience with the last time the PPS was jacked down to .10 with obvious chicanery in play and how its being done ritualistically this time again, tend to leave me feeling like its not the normal GIGL scenario we are dealing with that is supported by "real" investors who hold the stock when they find a good company, like I was doing. However, something or somebody else is jacking it down and around to their entertainment and profit now. These creeps could easily jack it down to a penny and keep it there. Maybe there's even an incentive to do such a thing as part of dealing with the george lawsuit about shareprices. How conveniently a low share price could easily render such a lawsuit as moot, especially if you are an insurance company that may have to pay out a large claim. I've seen so much weird trading going on with this stock it has been my feeling that it was being manipulated with various mechanisms all along. Look at the high profile people who are involved with this company; these are not average little people of no resources, these are big players with expansive backgrounds and connections to the highest of high finance, above the law. I am concerned that something illegal or criminal may come of it and maybe its time to just be done with the worry. This stock is tainted with manipulators to the point it has become toxic in my opinion. It could just as easily be that some large Dilution is planned or other large sell offs of stock like happened previously to depress the share prices badly and insiders are jumping ship early because they know the effect of that dumping previously was to in fact drive the share price down under a penny as I recall reading elsewhere. Down to a penny, again, is not impossible.
Nice video, Fair Analysis, still Going Down
It did look like a little bit of a turn around there at the end of the day, but it has looked that way a few times over the last many days that GIGL as been exploding to the downside. I have read too many dire predictions on this board that the price will go to a penny or less or that it will go to under .05 and it is still overpriced and not to buy, and those folks have been right all along in this inexplicable and manipulative price decline. I am afraid to stay in this stock even though the price did appear to turn around possibly. In the video analysis, that's still not enough to cause a person to call it a real turn around, and if the other well followed experts on here are saying the stock is in the hands of a cabal of manipulators who are driving it down then I'm not going with it.
846 Million Shares dumped would Crush the Price
Any idea what is going to happen to those 846 million shares?? That's a ton of money even at today's low price. I think it would be crazy to stick in the shares if that much is going to be sold at any moment?
.0911 is the Mark of a Sinister Cabal
This stock is Marked apparently, for destruction in some bizarre ritual fashion. I emailed Joey Parsi about stock price manipulation and he says they don't care about it. My feeling is that this stock is being set upon by some vultures who are not done destroying it yet. Yes, its possibly a good stock, but really, its just three restaurants, well actually only two now, and some nice ideas. Not much more than that. If it was a whole chain of restaurants it would be different maybe.
I Don't Blame You for Unloading.
Seems like the right thing to do. If this latest news is meaningless to the investing world at large then there's more to the story than I am hearing here, it would seem.
Good News causing Dumping the Shares?
Why the big dumping when the supposedly good news came in? Supposedly going to be flying? A real company? Is the Reverse Split going to destroy our investment? Higher share prices that drop to half their value in a week is nothing to look forward to in an RS. Maybe it is time to dump? Those 18 million shares aren't selling even one share. My feeling from sentiment is that with all this good news this stock will close well under .005 by end of the week, with no good reason for it.
That is very Scary. Better sell it all now.
Thats why what is happening is suspicious IMO. I think you are right that any non-insane person would see all you have to do is hold right now, and all this baseless panic selling is not rational.
I don't think what is going on has anything to do with Support at .10 or .08 Support means nothing. These are not regular market forces in action. Other forces are at work here to drive the price down. I am very very concerned that I am heavily invested in something that is so badly corrupted with manipulators.
I bought back in and bought more GIGL at the low price. Hope this is the bottom.
Do St. George creeps desperately want GIGL stock?
Doesn't seem to match with current public sentiment which is dumping this stock like used toilet water. Maybe these george guys are in on the tanking of the stock today??
Why is GIGL diving into the Toilet?
Scared money is selling because support for the stock seems to have fled to the hills. All the stock pricing is emotion based, none of it is logical. Its all hype and smoke, imo, as most OTC stocks. How good the company is has almost no bearing on the stock price quite often. Smart money may dump at these prices since its obvious the "MM" will push the price lower. I can agree on the Bid pricing. I bid at .193 and .183 a few days ago and just as you said, these MM saw that bid and dropped the price to sell to me. Some monkey business is going on.
It was just Fake Excitement No Price Rise
Looks like its going a lot lower maybe zero.
Guess the Good News caused the Crash today. manipulators don't care. They have other agendas.
I think this is the bottom too. Monday will have the buyers back in droves eyeballing the low price. The shorters will eat their shorts. For now the Shorts will propagandize to find something to look down on in the reports even though there's nothing bad in there.
I'm not selling either. I know the future is awesome and I won't take the chance to lose what I have. This is a sure winner. Maybe today its down due to the anxious nature of investors and there's been no recent news to calm them or lead them to think more instant juicey profits are imminent so they toss their stock. I say buy it and hold it, don't leave them anything to play with anymore. Leave the speculators with NOTHING to play with. I remember there was a guy in the silver market who said buy silver and screw JP Morgan in shorting silver. Same thing could apply here couldn't it? Dry up the supply of GIGL. We LONGs can do it. I bought more yesterday and I will buy more today.
I am in this for the LONG haul. Holding GIGL for the long term. I look at all their fundamentals and it does not matter that gamers are bashing the stock up and down right now. Its still the same incredibly solid company today as it was two weeks ago when the price was at .265; actually now its an even better company as the management is making it better all the time. I have emailed Joey Parsi and he will respond to you. Ask him what you want to know.
These sellers are not sorry. This manipulator attack looks like people who intend to throw down those shares at a low price to drive the price down. How many times do we see the real value of this company coming thru? Serious sharks see the same thing and they are willing to go to a lot of tricks and trouble to get control of this stock. I am enjoying the low price and buying some and getting my friends in on it as well since these manipulators are making it possible to buy relatively cheap shares. $GIGL LONG and load up when the manipulators have these games going on! There's no need for anybody to sell this stock cheap or to be chasing a downward price. This is all a manipulators game.