InvestorsHub Logo
Followers 21
Posts 65
Boards Moderated 0
Alias Born 03/26/2019

Re: mik1234 post# 21597

Wednesday, 10/09/2019 3:17:39 PM

Wednesday, October 09, 2019 3:17:39 PM

Post# of 24679
Only if it cause a pump!

A pump will only occur if they've generated new business, which could be happening, but not within a Q Report. A PR based on a Q Report would only contain "foreward looking statements," to protect themselves legally with the SEC.

That's not to say that new business may or may not be in the works, just that if it were, it wouldn't show up in a Q Report, unless money has already changed hands - deposits, loans, revenues. If so, great, if not, then reduction of debt or expenses is good, but since fiscal responsibity is expected business behavior, meeting that expectation wouldn't create an uptick.

A "new business" PR can come at any point, and will be when you least expect it. That's the biggest bang for the buck.

Once new business is realized (an actual signed contract), there's the pump. For a genuine pump, the logical usual strategy is to have a positive PR "foreward statement" on a "pending deal" (that they already signed behind curtains), to generate interest. Then roll it out a week or so later, while everyone's still watching, with a big, "GXXM Makes Deal" PR announcement. Boom!

Go GXXM!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GXXM News