Some people trade on fundamentals others trade on technicals.
Fundamentals are not possible with a non-reporting pink sheet company. Any company that does not report is going to have lots of red flags. Many of those red flags have been brought to our attention here by posters. Some can be proven to be a real "red flag", others a missinterpretation by the poster. Each person needs to do their own research and check out any links provided. People have made money trading companies with red flags.
Technicals (I am not an expert in this area) This stock is trading at about one cent. It is very volatile, has traded above .01 for six months (as high as .058) and then fell after the "no deal" press release. That said, if you know how to play it you could make lots of money just flipping at this penny level. 100,000 purchased at .01 and sold at .012 gives $200. profit on a $1,000. purchase. Sell at .013 and it's $300. (before commissions).
Disclosure: I bought into this stock last June. Hold in two accounts one for "investments" and one to flip. My investments are down right now, almost all of them, last year was a bad year for "investors". I have made profit in my flip account.
GLTA
