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Thursday, November 19, 2015 6:29:09 PM
On the market cap:
I may be a different type of otc trader, but MC is not one of the main items I look at when investing here in sub penny land. I often buy shares of companies without any MC, yep zero. I often make money on those as well. VGT* had hardly any MC when I bought into it at .0024 and it ran to over .03 in weeks. That is only one example, which there are hundreds more. MC is more important if you are looking to go long on a stock and most traders in the OTC are not looking long term, even when they say they are. With this one in particular I have bought at low MC made money and got most of the way out, but keep a fair amount because I do believe in a long term investment here. Of course I always keep a certain amount of free shares on all stocks I enter after selling just in case something happens I am not aware of coming. It may be a small number of shares, but it is free money if those stocks do move up.
Will the 3rd Qs be great? I do not know, but have faith in this moving up after the filing regardless. The past three have not been great, yet the stock moves up. This is a repeated, historical occurrence with this stock. Of course there is always that chance I am wrong, but I will take past performance as evidence to hold, or invest more. (For myself, I do not press others into my way of thinking, or investing)
My offer still stands for the wager on Monday's close.
All this is my opinion. GLTA.
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