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love and light have you been in contact with the CEO lately?
yes, just saw that, not happy about it and I'm not sure why they would need it or want to do that right now.
Only 1.3 M and they did not push the stock down all the way
we need more communication from the CEO to clear this up, IMO
Just on a side note: they always say dilution even when there is none, they just got lucky today :/ Take look at their posts.
You have been wrong in your predictions more than I can count
Please give something more construction and supportive to your comments
Plain out opinions must be indicated as such, so don't forget to include "IMO" at the end of your comments, because in all honestly that is all they are opinions and not facts :)
I would be surprised if this is dilution, I think the new market maker MBIC is scaring a few people into selling their shares and that putting pressure on the stock a little today.
Also MBIC has moved up its ask price a couple of times today and in my opinion, he would not do that if he was diluting, if he is then he is doing it in a very responsible way and doesn't have that much to dump any way.
Just my opinion, lets see how it plays out
Haha, Hello Annarita, I was wondering how long it would take before you showed up again :)
always negative but only on Red days
LOL, all his shares got gobbled up quick!
BTGI is looking very STRONG :)
Its holding up great IMO, I believe we will close above 60 again today :)
someone has been trying to push this stock down for days now, great to see that its holding its ground.
I expect news next Monday or most likely Tuesday same as last Q, but remember that it had the big run a week after the news not the day of the news.
Selling at these levels is insane IMO, I don't get it
Very Bullish chart if close in the mid 60's
If you have been here long enough, you know that there are some who would like to keep this stock down and even create a selloff
They use to this with 3 million shares but now its been walked down by only 300k and it will not create a sell off by any means.
To me this is a very positive sign and it means that they are running out of shares to manipulate this stock with and the shares are being bought by much stronger hands.
We will be trading in much higher levels in a couple of months and from what I can see, most are willing to wait.
GLTA, GO BTGI!!!
Most likely sometime this week on or around August 15th
This will move in a constant uptrend for a while to come to catch up to its true value, whether all that happens in a couple of days, weeks, or months, it will happen no question about that!
The best thing to do is to hold the shares as tightly as possible so that it happens sooner than later.
The only reason this is still down here is because of retail flipping it over and over again, but as more and more investors come in there won't be enough shares for that nonsense, it is already visible in the recent daily trading patterns IMHO.
Once those shares are in strong hands others will have to chase it! And it will come sooner than later IMO, lots of good strong eyes here now
A lot has changed since the last Q10 and more will change after this one, GLTA
what! who is selling at 53???? 100k, are you kidding me?
Almost there!!!
just a few more buys and we break this level hopefully for good this time :)
woohooo, lets Goooooo BTGI!!!!!
Thank you, So technically a 250K order could send us to 0.01 today?
If that is the case, I hope someone takes the opportunity to send us flying :)))
Sooo thin right now!
Can't wait for this breakout!
Can someone please confirm level 2? I don't see any major sellers all the way to 0.01?
Is that correct?
Yes we can definitely use more communication and guideline from the company
An earnings call would be a great way to reassure investors on the future of the company and its very simple to do.
Something like that would be huge IMO
I also believe he does read this board every so often, maybe/hopefully he will see your post :)
I agree 100% , what many don't realize is that the board and the sentiment on this stock has changed dramatically since the last Q release.
We didn't have the kind of exposure that we have now, there are many people waiting on the sidelines to either buy/or add more to their positions once this starts to move.
Flippers don't have much shares left to burn so they are probably holding on most part for higher prices. Any Naked shorting by MM will have to be covered into the breakout and technical indicators are all there.
anything small or big can push this higher without any warning and this time we will probably have multiple green days.
Just my opinion of course, lets see what happens :)
I believe we should be trading .06-.10 area at the current level and .12-.20 with the debt reduction news
LOL! If I would have had that attitude "if its too good to be true, it probably is" I would have never married 15 years ago and missed out big time.
Sometimes, somethings are just worth the risks and its just that simple! The only draw back with this company is their debt which is being dealt as we speak! Big Hint: New Bank loans (their financials must be looking much better IMHO)
Think about it! Do you really want to be the one saying "shoulda, coulda, woulda" in a few months???
Sorry to disappoint but I totally disagree, and I have seen this play over and over again.
Show me a single company in penny-land without dilution or debt???
They didn't dilute for research or expenses, they only diluted a small amount for 2 things that happened within the same month, additional of trailers (which means the demand has grown) and 2nd the acquisition of a company that compliments their trucking business at a very under valued in price IMO!
The rest of the shares have been offered to debt holders for the preferred A & B stocks and there is no need for dilution.
$BTGI is a very Strong Buy at these levels
Wow! you have been here a long time, respect to you for holding through all the rough waters, Bravo!
I have been here since 12/16
It will pay off greatly soon for all of us longs!
Go $BTGI!!!!!
Unfortunately this happens every time after a few low volume days, the flippers get impatient and start dumping and moving funds to other stocks, or they just push us down into a sell off and buy in the 40's again.
I just don't get it! So frustrating! This stock has everything going for it except all the BS D&P that everyone is used to down here. That is a good thing and extremely rare to find.
But unfortunately no one wants to be an investor, they are just looking for a quick trade!
having said that, this pattern happens much less often than before so hopefully they do not have much shares left here to play with at these levels.
Holding strong $BTGI!!!
Overall market sell off today and very quiet on this board today
Patience will pay off here
Long $BTGI
Awesome, UP and UP and UP :)
I wish the company would do more PR, it would really help the stock if there was more communication
the 50's will be gone very soon IMO
They were all bid sitting in the 40's too :)
Those 48's look pretty darn good right now, don't they?
I always bought my shares at the ask in the 24's - 28's and never gave it a thought, eventually someone will step up
BTW: do you still think the debt reduction (at least a part of it) will happen before the year ends in September?
GLTA BTGI is a big winner
I agree, I'm expecting a much higher spike after we break 70's, and by the sound of it a lot more people are starting to hold their shares longer term which is great news!!!
Next spike should take us to a new range of trading hopefully .02-.05 range
The debt reduction news should take us even higher than that, hopefully they figure that one out soon, even if its just a portion of it.
2 new Bank loans means much better financials IMHO!
Go BTGI!!!!
It actually all depends on how the shareholders will react on the next news
The float is completely locked up right now, if no one sells till proper valuations then up we go and stay there as we will attract a whole new level of investors! If they flip their shares again as we have seen done several times then it will take a lot longer to get any where.
The shareholders have a responsibility here too not just the CEO, IMHO
Must be very patient with this one, its very frustrating on days like this we are down 12% on 2768 shares!!!
Just remember that you are very early to the party and are just waiting for the party to start
Put on your dancing shoes and keep your eye on the prize!!!
Its not going to stay down here forever
So quiet today, a little push and go up on a green day with 10-20% gains :)
Lets not fall sleep here zzzzz
Bid sitting is not going to work this week, you have to hit the ask if you need more shares, new buyers should be coming in as we get closer to earnings, IMO
LOL :) caught them all by surprise, loved it!
Looking forward to next week trading!
Have a great weekend everyone!
Long and Strong BTGI
The company is changing and moving forward, I really think its time you do the same!
Buy back in and grow with us!
Very nicely done! We moved up 20 % on 2 million shares!!!! :))))
I agree 100% we must hit the ask on low volume days
Its actually holding up really good for a Friday afternoon!
Now we either hit the ask and move ourselves UP on slow days or they can push us down on low volume again.
Bid sitting is not going to help
2-3 weeks away from the next Q10!
GLTA
I think he is, but I also think that the company is still restructuring in a big way and I'm sure there were many cost with that specially in the first year.
His first goal is to stabilize the day to day operations and cleaning up the company and he believes that the stock should follow.
And I honestly do believe that the bulk of the newly authorized shares will be used to transfer the preferred A & B stocks, He doesn't want any toxic debts on the books and he knows it will also effect the stock hugely in a positive way. The fact that he was able to secure a bank loan is a huge sign to me.
Once the debt transfer news comes out, hopefully soon, we should see the stock holding its gains.
We had the Acquisition and we purchased additional trucks all in the same month, it could be that they were a little low on cash to make both of those things happen at once.
If had bigger plans for dilution, we would have felt it by now IMHO :)
Did you just copy and paste something to validate something that does not relate to this conversation and we all already know?
And if you did your DD right, you would understand that increasing revenue by multiples is a huge deal in penny-land and companies at these prices are never profitable or even have revenues! Heck, tesla, Uber, Snapchat are all huge companies and NOT profitable in any means!!! are you saying that they are also doing a R/S in the near future?
This company within the past year has been cutting cost, lowering debts, selling parts of the company to buy more of the trucking business and had 67 million shares of insider buying within the past year!
What have they done in the past year that says to you R/S is definite?
I'm happy that you have more shares than me if you do! (why do you keep saying you have more shares than me, its not important to our conversation)
But I'm sad for you since you sold 40 % of your stock at these prices!!! WOW
and you had how many shares you said? a lot right? so that must have pushed the stock down for sure, so it may have been your dumping that we thought was the dilution all this time, hmmm.....
But in reality, it was really no diluting and good people just like yourself taking profit which is part of the game but lets not get that confused by company diluting!!!! They did NOT!!!
And there is no reason for R/S talk right now either unless you can give us more than just "I belief"
I would hold on to the rest of your shares tightly though, and thats my belief!
Good luck and BTGI STRONG BUY!
But what is your reasoning for believing this will happen is the near future for this stock?
What you are saying pertains to every stock in the stock market, period!
If you make such a claim so surely about one single stock you must also back it up with something valid, don't you think we deserve more than just your belief in this scenario?
May I ask what is your reasoning?
You keep saying it, but are not able to validate your reasoning by giving us something recent and relevant to refer to for this stock.
Your only reasoning is based on a 4 year old R/S that was post recession, pre-trucking business, Bank financing options, and pre-40 million dollars in revenue company
Do you have something recent to add, lets say within the last 18 months that would be supportive of your opinion????