GD Entertainment and Technology Inc (GDET)

[MrG]

This is a little long. Forgive me.

It's going to take awhile to break the mindset of all the current share holders/buyers of DNNC that this is not a sub .01 stock anymore.

Looking back all the way to May and June I see days of a half million or so traded in the dub .00's on the charts.
Naturally someone still has quite a few shares they acquired at those levels I would say. Obvious.

Some of them are here on iHub. Congratulations on your wise and patient trade. Selling to others at a higher price is not a sin. It's why you are trading. To make money. Bottom line.

Year to date, DNNC has only had it's head above .01's for brief periods. It will take awhile I believe to break into a penny mindset and not the sub-penny mindset. This is happening now as we are witnessing in my opinion. New support levels are being drawn from what I can tell.

When that is fully achieved a new paradigm begins upwards unless some kind of negative information says otherwise.

This is the way I trade. The zone is everything. The mindset, perceptions, and perceived value is where it is all at.


Understand that and anything else is relative. A .001 stock or a $300 stock...Does not matter. I would not pay close to $500 for a 1 share of Google. But that's just me.
http://www.damninteresting.com/the-dutch-tulip-bubble-of-1637


Valuation is a relative term. Ones mans trash is another mans treasure. Only God knows the true value of anything. But I don't have a direct phone-line to ask Him questions so I have to rely on what know-how and savy that I have aquired through His grace.

DNNC is a somewhat low-float stock 10 mil or so...give or take.(this is the pinks remember?)

Only so much of DNNC is floating around. A whole lot of it is held right here by iHub members from what I have surmised. That is a good thing.

If Deros is not a crook, and I see know indication of it, all that we need is a continuation of positive developments and perceptions will continue to change.

The breaking into the American market is the next huge step in my opinion. Old timers here can fill in more info about what may be coming from what they may have heard.

Rumors? Have you ever heard this quote"
"Buy the rumor sell the news"

That is what plays out in the stock market every single day. Penny land or not.

Good Luck.