Here are my thoughts on this.. (past charts really mean nothing) how the company is working towards future goals is what's important. With that being said, I do believe there HAS to be a major upswing to a penny because they're running out of time on the OTCQB to meet the $.01 requirement. I have the same feeling as you, if they really have to close before the end of the month that mean there HAS to be a PR Friday morning because after the weekend, June starts. I don't know how much that'll change the PPS, my guess is it will affect it for the positive unlike the PR we received today. The reason being is there had been such anticipation on the AZ facilities, so really the PR today (which is still positive regardless how the market took it) which had nothing to do with them came out of left field and was a small step in a forward direction. It didn't give investors confidence. NOW, closing on the AZ properties, which has been highly anticipated, and put off, could ensure investors and newcomers that they are pulling through on the moves they say they are making and not just blowing smoke up our asses and that is a HUGE positive.
Too many longs are complaining too much, I sympathize with you all because you all put trust in a company and you feel betrayed being 50%-95% down but take a step back and chill. Stop dumping money into it everyday when you see the downtrend is continual, you're only going to lose more. I know everyone wants to Cost Average down but be patient. It's been 15%-25% down daily. I'm not saying don't buy, heck even I get tempted, but why lose more money. Wait for the true bottom. As Paper stated .008 until the big pop a couple months back. That doesn't mean that'll be the spot when it will do an automatic run (hell, it may do it tomorrow for all we know) but keep that as your base to buy back in. Be smart (I say that in the most respectable way).
In my personal, humble opinion, I agree with Paper. This is going down tomorrow and down Thursday. Now my gut tells me that even know there can be the PR on the properties on those days, I believe it'll happen Pre-Market @ 8:00am (as they normally are) on Friday, IF THERE EVEN IS ONE, and that's they key because it'll tell us whether or not they're stringing their investors along. My suggestion is IF you're going to load the boat and Cost Average down, wait until Thursday to do so and see if we get the PR Friday and see if this thing can run. That is the near term ideal situation. For the long term, remember they keep making new acquisitions to generate revenue and that is a long term mind set.
Any thoughts?
GLTA
