InvestorsHub Logo
Followers 138
Posts 6566
Boards Moderated 0
Alias Born 08/01/2009

Re: JUtah post# 1968

Thursday, 01/18/2018 11:31:46 PM

Thursday, January 18, 2018 11:31:46 PM

Post# of 15706
I've looked at this chart and countless times thought about the shareholders who've been decimated along the way - this is one of the worst if not the worst downtrend I've ever seen. The reverse splits more or less completely wiped out shareholders and may as well have been a bankruptcy. My condolences to you sir.

I've been trading for 12 years now and this sort of play is one of the types I like to try when I find them. They're a tricky bunch to time properly but my guess is we're witnessing the bottoming process at the moment and the signals I see imply the worst is behind us now (in terms of crippling dilution + reverse splits). It's very possible they split again one day, though I don't suspect there's another back breaking one coming any time soon. I think it's bottomed and will rally from here in a major way, however even a best case scenario they may still one day time another reverse split to help get back on the Nasdaq.

As far as upside, imo the low end price targets I'd put in the .15 - .30 range. Considering how turbo charged runners have been getting in the market lately I think GTHP could hit that range pretty easily. I have no idea what a best case scenario would look like here but $1.00 - $2.00 seems far from impossible to me.

And of course I could be wrong about this entirely, take it all with a grain of salt as always.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GTHP News