Global Developments Inc (GDVM)

[Jc88]

The last time it’s been at these levels was November 2022. October- September did have that volume spike of 100M each month as the SP increased from low .01 to .04.

8 months have passed with a high of .14 & volume hitting 65M in 1 day. Couple over 30M, 20M, along with at least 15 times between 9M or higher.

With the price off 70% I don’t see the logic if the buyers from Sept-October haven’t sold off at higher prices and the shares they are still/if holding would sell here based off the fact there no indication that it’s not heading back into double digits this year.

The probability is actually anytime from now to early August with FINRA approval, followed with some releases that’s planned once ticker changes or what I expect to be first is AI partnership is announced which I wouldn’t be surprised if that happens this week.

One thing I noticed is a lot of weak hands that don’t mind buying at higher prices when it’s moving up after selling lower. Making the last 4 months frustrating but with 70% drop it’s just 1 day closer until this turns around