Global Developments Inc (GDVM)

[d0lphint0m]

I worked on Wall Street for 34 years although I admit that my pink companies exposure was limited. However one rule I always went by was " I don't care what the news is but rather how the market reacts to the news."
In a bull market, bad news is shrugged off and the trend continues higher. In a bear market good news is shrugged off the market continues lower.
I consider the last week's lack of earnings news as "bad news" and yet the pps was actually up on the week. Started Monday at .0138 and ended up at .0178.
I admit that comparing a penny stock to stocks controlled by the psychology of institutions and mutual funds is a stretch but the basic premise still exists.
The pps has found equilibrium in the .015 area. I was anticipating a move to the .008 support based on the negative sentiment surrounding the late earnings but it just has not come to fruition.
I happen to be a "glass half full" kind of guy posting on a board with "glass half empty" mentality posters (some). So it will fall on deaf ears (some). But I believe that "time wise: we have been going through a 15 month correction from .14 after having a 30 month bull run from .0002 to .14, a 70,000% run.
A 5 year chart definitely shows an uptrend in a bull move but if one focuses on the last 15 months only, then it looks like a bear.
"IF" I am right, technically and JK and Eagle are right fundamentally, then the next move should be a monster putting the pps over $1.00.
It's like gorging on a huge meal and having to digest it. GDVM has been digesting for 15 months.

https://schrts.co/FXvkvixV