What would happen if GNGR did this?->
GNGR releasing 500,000,000 to the float would that help with liquidity and also allow people to buy cheaper shares with the idea that as GNGR progresses they share price can rise even a little to turn a great profit?
That float now looks rather low at 108,000,000 at $.003
If they were to add 500,000,000 to the float and they could be purchased for even less? Maybe $.0005, even a very slight rise to $.002 would be a 300% net gain.
Will GNGR even do the same now at $.003 and rise to $.012 (the same 300% net gain)?
Were still talking about pennies not even 2 cents. If GNGR does what they say and the stock rises now with the 108,000,000 float to even $.02 cents it would be a great profit for me and i am sure many but not all.
I see when looking at other stocks that GNGR's price now at $.003 is similar to many (and I mean quite a few) who have 5,000,000,000 in the float with losses and no real products or business model and just ideas that never seem to get off the ground.
If GNGR has only 108,000,000 and the shares are $.003 and so are many other OTC pinks with the same $.003 with billions in the float, would it not seem logical for GNGR to do the same simply based on the fact that GNGR has such a low float that there is limited liquidity?
If the companies with 5,000,000,000+ trade at $.003 and so does GNGR with 108,000,000, one would think that GNGR with 46 times less shares then the others that GNGR would be trading a 46 x $.003 to about $.13 cents?
But since most OTC players who like to get more for the money it only follows logic that GNGR would also follow the same plan of action. Even 500,000,000 added to the float is still 1/10th the other companies trading at the same price.
Could that mean that logically if GNGR added 5,000,000,000 to the float as well that the stock would attract many more still at the same $.003 price?
I do not see anyone who buys shares for $.003 knowing there are 5,000,000,000+ in the float complaining about the company or the share price.
I think GNGR may actually do better adding 5,000,000,000 to the float and continue to show company progress, sales and expansion. The many (most) companies I searched with 5,000,000,000+ in the float have over a many year period posted huge losses in the millions and huge salaries to the CEO and management and still they continue to say “were still trying” (to find gold, fly a plane, create cancer cure, manufacturer lithium batteries, opening a pot store)
If at the same level as those other companies with no actual business plan and huge losses and still the shares are $.003 same as GNGR is now and GNGR actually does make it and succeeds even a little which is far more then those other do nothing companies, wouldn’t GNGR in fact rise UP from $.003 to $.01 or more?
Even if people who may have paid $.10 and cost averaged down to $.005 with a return to $.01 would still double their money correct?
My guess is, what if GNGR outperforms most of those go no place stocks and achieves still a low price of only $.03 cents per share, would make everyone happy except for those who paid $.10 cents who do not cost average.
I know cost averaging is a despite more to feel you paid less but it can also be a good thing if the company that shows a good plan and completing even a small percentage of their intended goal which GNGR looks to have accomplished then cost averaging can provide great returns and not more losses.
If anyone has insight to this patter of investing, please enlighten me.
