Monday, November 20, 2006 2:10:35 AM
The bs posts over the last few weeks that GBDX possibly a scam, w/posts stating, "Oh, I visited the office and GBDX wasn't there", creating a negative for newbies and small time traders to bail on. You are correct and the bs posts of the office not being real, blah blah is an example of letting emotion get the best of traders by believing bs.
Cowboy, your gap analysis not bad! FYI-The minor increase in share count went to fund additional purchase of product w/1st shipment sold out. Not dilution as generally percieved though. GBDX just getting ahead of the game, especially with the demand of the holiday season from retailers in full swing.
With the 1st shipment presold, but GBDX having to await payment on delivery, increased share count slightly to fund next shipment ahead of time. Smart business!
The pps declined IMHO based strictly on short term flippers using Tech Analysis to play the pps. However, only creates excellent entry points to ride this up to .07+ near term. Why? Because the revenue coming in is real/immediate, and the share count is so low. Any pink with real nearterm revenue will attract larger traders who see real $ to substantiate pps increase. And the super small share count acts as a springboard during this upturn.
Aloha to you as still in Maui.
Best Regards
Not a buy or sell recommendation. My opinion only.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM