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Re: None

Tuesday, 05/23/2023 12:43:24 PM

Tuesday, May 23, 2023 12:43:24 PM

Post# of 22068
It is very demoralizing to see the ask explode at 5s. It does appear that the CEO is hell bent on flooding the market with new shares. GTCH certainly used that avenue for cash countless times prior to his tenure as CEO. While I hoped that he would not follow in the steps of those past, he most certainly appears to be doing so. Free money (selling new shares) is hard to pass up when there are so many buyers out there seeking shares.

I can only wonder why retail investors are supporting this behavior - I must admit, I am one. Yet my own actions do NOT let me come to grips on why so many others are doing it as well. Many are buying loads of GTCH shares as they are being PRODUCED. An A/S of 10B offer a lot of production. "ENDLESS" supply does seem to be appropriate.

PRs have depicted GTCH as having a very fertile ground to grow. But understand that dilution acts as 'Round-up' in killing the pps. Buyers at this point in not understanding the reason for the reason(s) for such high volume days can only wonder when even fertile ground can be salted to the point nothing will grow. The good soil creamed off to the gardens of others while our lot sheds not one leaf of green.

It appears for now, I am but a fool in a game that I can not win.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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