That’s your perspective. Mine is the the Auctus note was actually paid off and now the stock is being allowed to breathe. We’re getting the gains back without the dilution. The volume was amazing, people flipped and shares went into stronger hands. There was a good healthy sell off by the first round of flippers with the dilution thrown in for good measure. Now, the dilution has slowed way down, and it’s now just the second round of retail traders taking some profit off the table. The original pantheon of flippers on this board, of which you seem to be one, albeit with a new handle, are waiting for a .0120-30 reload and repeat.
I’m sorry, I just don’t see it. I see a new channel forming between .02 and .04 and it could break out on good Q2 disclosures. We’ve had some action this past quarter and that’s on the books now. The wave is building.
You’ll have to be happy with lower percentage flips IMO. I i see a better way forward for short term traders like you. It’s flipping from a core position. Let’s say you started with 500k shares at .015; you could have flipped 250k at the first run to 4 cents and bought it back at the first pullback at say around .0150 again. That would be what almost a 150% profit? You flip them back in for the full amount (maybe taking a little profits), and you’ve increased your position for free. I’m not a math guy but it’s like: $7500.00 invested at .015 a share is 500k shares right? You sell 250k at 4 cents, keep 250k shares as the core. It’s a 10,000.00 windfall and then sink the full 10k back in at .015 again, all of a sudden you have bought back 667,000 shares and increased your original 500k position to 917,000 shares or so for absolutely free. I understand flipping completely and why it’s very lucrative. Just wondering why you wouldn’t want to do both here? Just makes more sense to me and provides a long position, riding free shares over time. If you believed in the direction of the stock over a long period of time, it could be a very lucrative, leveraged investment. No?
Let’s all be real here please. Things are different lately. This Q2 is going to surprise some nay sayers here IMO,
Q3 will really cement the direction things are headed here. A little bit of patience and vision could really pay off by trading from a core you get the best of both being a short term and long term trader.
A side bonus is the longs like me will be more supportive of your position and perspectives. Food for thought.
When everyone is on the same team, good stuff happens. Teamwork makes the dream work.
Long and Strong ATDS
GLTA - WIC
