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If that's the case.. the marketprice would be pulled downward to the current bid at say 0.04. Even if you put a larger order to sell just below the current posted ask (to liquidate your large position), that order would normally just float there unresolved (since the current bid is unchanged).. it just lowered the current ask somewhat. Where would the interest suddenly come from to buy at the current ask? I can't imagine a rebound where somebody buys stock at double the marketprice, only if that somebody thinks it's worth it to get a position at that price.
Your theory would make more sense if it's reversed.
- Someone wants a bigger position, but presumably there are not many shares offered at the current ask (and someone doesn't want to drive the price further up beyond the current ask, before having amassed that bigger position).
- So, someone pulls the market to 0.04 (by selling a small amount into the bid), and by doing so encourages current holders to sell larger volumes at the ask, or triggers a couple of automatic sell orders (because the marketprice is abruptly getting lower).
- More shares are offered around the current ask, so someone can get a bigger position without really driving the price beyond the current ask.
So, my theory still: there is someone who is anticipating on some possible upcoming development.
Selling into the reaction, could be. But it seems to be behaving too erratically. And: if someone was selling into the reaction, still someone is buying. And as far as I can see: The last trade of yesterday was somebody buying around $1k in the ask (approx 12k shares at 0.09), which would seem a strange reaction. Who buys at 0.09 if you could buy at 0.05 with a little patience (the price it was hovering around the last couple of weeks)? It could be somebody just taking a gamble (as it always is in the end ofcourse), or anticipation on some possible upcoming development (which.. still makes it just a gamble). I'm still anticipating on some possible upcoming development, but I am not buying any more than I already have. So there are other and maybe bigger fools around!
Well, I don't think anyone would mind those 3 dollars a share.
Oh, the volume is even greater than I thought!
This is going nicely. Around 80k with a price around 9.5ct bought in the ask?
Very nice one!
OS: 20,060,334 as of 05 02 2022
The floatnumber, I wouldn't know.
Come on board, ride the train!
Very nice!
It is odd, this ebb and tide flowing of interest. Periods of practically zero activity and on the other hand periods with abrupt volume spikes. Another odd thing: as far as I can see most of the trades are done in the ask, not in the bid.
Yes, so it seems. If it was just people wanting out, you'd think they'd be happy with any price they could get and sell in the bid. But it keeps bouncing back upward for the last couple of months to around 12ct with a good amount of volume.
Look at that volume! There's still interest in this stock as it seems.
Yes, I am.
If it results in a higher average in daily volume and a steadily climbing PPS, I don't mind a bit.
Nice volume today!
Well, what's stopping you from mailing him?
From me as well: Thanks for your time and effort!
Actually... what this company doesn't need, is a gloomleader.
Better get them while you still can then!
For all those people that are selling, there are people who are buying. If there weren't buyers, it wasn't possible to sell.
Besides:
And yet, shares are trading hands each day. So, people apparently do see a reason to buy this stock. If a current disgruntled shareholder wanted out, he easily could.
I see what you did there. Nice one.
Since you are the one that keeps mentioning the shareholders of White Buffalo: how do you know White Buffalo is a public traded company, and not a privately held company? And where can I buy shares of the company? And how do you know KK controls their stock? Did you read that in some filing or something?
This is not evidence, this is merely your opinion.
Do you have proof for that claim?
So, since you don't want to sell at 6cts, I am guessing you think the stock is worth much more than that?
What price would seem a fair value to you?
I bet a couple of shares you won't get a straight answer.
That's some good sjiieeet right there!
I am guessing you've sold your tens-of-thousands of shares today then?
So, that's your argument? Because somebody you don't know posted on this messageboard that the CEO of the company reads this board?
Just email the company, or visit their office.
Maybe you should send them an email (info@greenshift.com). While tirelessly requesting information on some messageboard on the internet where everyone resides behind aliases technically counts as 'publicly asking', I think it won't get you much answers in a timely matter, if at all.
So, you're saying that current shareholders are buying more.
It looks like the activity is quite in the ask lately. I'd say that's a good sign, people wanting in.
I'm in the same boat. Or, if things do pan out as I think they'll pan out: the same yacht.
I know. But I'd like others to see the farce as well.
If you are still a shareholder: why?
Because IMHO GERS is mingling with upcoming industries, some of which are on the verve of getting legalized throughout the states and are accepted more and more in mainstream culture. I think this is booming business where serious dollars are going to be made (heck, there already are some serious dollars being made within those fields..), and some of those dollars will flow towards GERS through licensing if they manage to get their tech adopted. Same story as with the corn/ethanol business, but hopefully now without the patent infringements and the lawsuits etc.
And besides that, I dig the whole current vibe of 'together with Nature, beneficial for all' a lot more than the generic industry talk of days gone.
On the Attis part: I have some shares as well in my portfolio, same as you. Not much, but still a few thousands worth on the moment I bought. I got in around the time the joint venture was the talk of the day. Didn't sell when it went nicely green, because I thought this was just a start. Then came the reverse split, and now they are in the dark... I am guessing they are profiting nicely with their sanitizing products a.o., but no way to know.