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The drops in SP aren't comparable in any

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Dutch1   Wednesday, 05/15/19 12:17:15 PM
Re: twaflyer1 post# 48849
Post # of 49118 
The drops in SP aren't comparable in any way to other stock. GERS is still up far above it's low's. It never dropped below the levels reached in May 2017. Until that month GERS was constantly in a free fall. Since then GERS moved up from below 0.01 and never closed even below 0.03 since that month.
It has hovered mostly in the range of 0.03 to 0.55, with in the beginning of that period some more movement toward 0.7 and 0.75, a peak in January 2018 in the 0.2 range when there was a lot of anticipation on the possibility of a settlement. After that the trading went back to 0.07 and lower.

So for GERS the range between 0.03 and 0.07 is nothing special if you look at the past two years.
Being able to buy around 0.03 will give you very cheap shares, and if you're able to sell above 0.07 at this time, you can consider it a good deal, just based on trades of the last two years.

GERS is trading high compared to the period in May 2017 (post RS), and low if you compare it to the trading surrounding the settlement negotiations around December 2017 and January 2018.

Any drops and rises within the 0.03 and 0.07 can be considered normal if you look at the facts.

If people wish to trade GERS for the short term, I would advice them to buy and sell within that range. But watch out. GERS trading volume has been very low since there isn't any dilution any more, so to put your Gains or losses to coins might be hard if it concerns a lot of shares.

Those who are into GERS for the long ride, looking for any action like happened in the end of 2017 and the beginning of 2018, will be doing great if they are able to buy within the range of 0.03 and 0.07. Things might get a lot wilder if there is a positive outcome of the lawsuit. And it will make the increase of value in 2017/2018 look like nothing compared to what will happen then.

No guarantees of course, but I'm putting my bets on that, and I expect to see that outcome before the end of 2020. So compared to January 2018, we are half way at the least.

These are the facts, if people want links with that: Best you check this page for the historical quotes and these postsmight help you to put the peak in January 2018 in perspective.

For those who want to ignore these facts and enlarge any movement on this thin trading stock like it was Apple, go ahead, but I don't think it will help you investing.



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