So, true Ronnie!!
I use to be in a stock that was traded on AMEX that was at .16 and Redcoat Hedge Fund came in took a position and ran it to 3.00 and unloaded. If Gray is smart enough/savy enough, to get the likes of "new" money thrown in at this level. Well, they get fat and happy and have the big guns to run this waaaaaaaaaaaay above a buck quickly with this low float and exit their positions over a month or so with some really nice $$$. The stock I'm refering to was back in 2000 and went to 3 dollars and bounced around for a good month. It had 300 Million shares in the float and was losing 100million dollars a year, but news was that a company was going to finance the computer software for 5 years. It really had no revenues, a high float and only a guarantee from a financial firm backing. So what? The key was the investor running the stock when they were loaded. We keep trailing back to .11 there bouts for good reason, and it ain't because there's nothing happening. THERE'S ALOT HAPPENING HERE!!
GLTA
D MODE
Always short a stock prior to buying the POS....lmao