MikeS97707,
No need to apologize!
Your assessment might still be valid!
I was sorry to read of your sale and the resulting loss.
Your efforts creating this board and the informative contributions are to be commended. Thank you!
I'm hoping you might contemplate this post
and perhaps be so kind as to reply.
I have followed GACF since it was RDVN. I have 'traded' it, mostly by my pattern chart. I became more .. the "investor" as it sunk from $1.95 down to this .52 which, by the way -- I consider, or more accurately , my pattern chart says is the bottom. - I now have a very heavy position.
… The BCI joint venture is … a “Limited Partnership”.
The finality of the Delta Bankruptcy payout is yet to be
‘court approved’ and thus remains an uncertain value $.
Ian’s move to Chairman from CEO is not a “weak” signal;
And his development of a ’new’ trading company with
his direct ’relationship’ to GACF … makes sense.
L.P. s can be … ‘complex’ and … burdensome.
Avolar is a start-up as is GACF, in a sense and both are making good headway . There are screw ups that happen but it is too early to assume … the worst . Imho.
GACF has 51 million shares (fully). Too much in my opinion
because it makes for a ‘considerable’ number of “ trading Shareholders ”. We all want info. We all want good info. We all want it yesterday, and “right now, damn it!” ---- But how much time to devote to satisfying all these “traders” ?? Who, of the three or so top guns at the company should come away from business to take calls etc. from … “traders”??
When I stopped trading in Pemco and -became- an investor, I abandoned my quest for their time . The info was scant and few and not timely -- but the stock did manage to go from .315 to $ 36.75 [ a one for four reverse split] so really $9.18.!!
What could our company say ?? It’s the L.P. ? Delta court ?? The Learning curve??
I felt they gave out the info they ‘really’ possessed!
AND ... the credit line from Riley just a few weeks ago !!???
I think these guys would do some heavy DD on what we are
all wondering about now ... and this was announced in the call from Ian's presentation and the news releases. Humm?
My chart says mid three dollar ($3.60ish) on GACF … so I like the Odds. Given where this was just 2 years ago I see value!
I respect your previous info and would enjoy hearing from you.
Thank you and all those interested in this GACF post board.
BAM … (bidaskme)
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