Good Vibrations Shoes Inc (GVSI)

[Major Profits]

Who's "Selling on News"?

Imo, it's simply (mainly??) those who were able to load up for the last almost 17 MONTHS that this was stuck in the Expert Market.

While the SEC wanted to "protect" potential investors, and have tickers that aren't current with their financials sent to the Expert Market (and USA brokers locking out potential buyers), some folks were STILL able to buy (mainly Canadians?) while most others couldn't. Thus the SEC/OTCM created an uneven playing field. (Hey, either lock EVERYONE out or lock NOBODY out!!). So, what appears to have happened (to me anyway), was that those still able to buy could accumulate lots of "cheap shares", thanks to the tanking of the pps, while those "locked out" could only watch. And now? So when news hit those who were able to buy and accumulate shares the last 17 months were selling to those now wanting in or to buy more. And it's happened TWICE! Once on "pink limited" news and, again, on "share cancellation" news.

Today:

BUYS=5,255,940
SELLS=9,052,329
CLOSE=.0264 -10.5%

GVSI 1-MONTH CHART


And those who have been selling, perhaps, already had bids in for a LOWER pps buyback then sell on next news!

Now I'm wondering, could it happen a THIRD time on "pink current" news? We'll see.

But, like it or not, I think those who complained about this being in the EM too long were CORRECT to complain and those who ridiculed them for complaining were WRONG! This never should have been in the EM 17 MONTHS which possibly allowed a TON of accumulation during that time and to those who can now SELL them shares. We are paying the price for it.

But, as has been said, perhaps pink current will turn this around. I sure as hell hope so!! But despite the optimism now, it was NOT supposed to be like this following the exit from the Expert Market. No, it really wasn't. Not by the many posts I read. And now we're running out of "catalysts".