Wednesday, September 22, 2021 4:08:24 PM
It seems we have sellers that are willing to tank price and buyers are wary.
Of course, I am not going to panic over less than $10,000 of total sales today. 10 Day average is still very low and MARKET CAP HAS PLUMMETTED FROM OVER $20 Million to under $17 Million today.
Last trade was for 250 shares, about $300 dollars!
Banking relief in DOD spending bill will bring huge relief to industry. Another stock I own, BellRock, just announced a loan package of $3.6 Million that they are paying 15% interest for money. With banking relief, that interest rate should fall at least 5%.
So, the question is still. "Who is selling?" Is is Navy Capital?
GLTA. Until you can answer, who is selling, stay away from this stock. The selling is greatly hurting this stock price and company.
As always, Do your own Due! It is tough to find the right entry price when it keeps falling...
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