I have to admit I'm a little confused with this one. It didn't surprise me to see a bounce back when it bottomed on Monday to 0.05. Why such a continuous climb back up??? Small sell offs with strong buying pressure??? Record volume??? DSUP is reaching higher heights than before it announced CH 11 BK restructuring???
My consensus is that a lot of companies in today's markets under these harsh economic times, are just under valued and probably oversold.
Today's markets are just too hard to call & just too wacky to understand if you ask me.
GLTA:)
While the Company is in chapter 11, investments in its securities will be highly speculative. Investors should assume that shares of the Company's common stock will have little or no value and will likely be cancelled upon consummation of the Company's reorganization. The Company anticipates that its common stock will be delisted from trading on the NASDAQ National Market. The Company expects to cease filing periodic and other reports with the Securities and Exchange Commission, effective immediately. Certain information concerning the Company will be available in the bankruptcy.
The outcome of the chapter 11 restructuring case is uncertain and subject to substantial risk. There can be no assurance that the Company will be successful in achieving its financial reorganization.
I guess we should all just BUY,BUY,BUY on this fantastic news.LMAO
