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Re: Harry Winston post# 49410

Friday, 08/02/2019 10:58:44 AM

Friday, August 02, 2019 10:58:44 AM

Post# of 52844
There are always some in experienced buyers and sellers. However, those act more like we've seen with BTZO.
You're right its pretty common for OTC stock to have a large spread in bid and ask and to trade less then a NYSE or NSDQ-listed stock would do. But they often move within a way larger spread, or stay as level as GERS does when they are close to $0.0001.

Gers has been trading now for over one and a half year between $.11 and $.03. Those trades have been done with a small amount of shares as well with over 100.000 shares. Not the typical paint job which often only requires a few hundred shares to make the stock move up again, which is easily possible with GERS.

In the past GERS has known it's share of people trying to bring the price up making a quick $. These actions fully disappeared at GERS. Which is also pretty uncommon. IMO that's because the small float GERS has. There are simply not enough shares available for hypers.

IMO GERS is waiting, this stock and its shareholders are waiting. Sometimes somebody comes by without any knowledge or with the wrong reasons to buy this stock and sometimes somebody loses his patience or is in need for the money. Also sometimes somebody might be choosing to add to his/her/its (it's pride week, so let's not exclude anybody) position.

But I don't know many stocks trading this way. Do you? Maybe you can point them out to me?