InvestorsHub Logo
Followers 11
Posts 486
Boards Moderated 0
Alias Born 02/05/2010

Re: nobody12378 post# 20586

Tuesday, 10/04/2011 10:40:42 AM

Tuesday, October 04, 2011 10:40:42 AM

Post# of 52849
I think part of the problem with the pps is that the 'market' for this stock is just a few peeps. We are at .0001 and no bid with a 1:1000 R/S pending. I know I'v just stated the obvious. We existing shareholders have our positions and are mostly holding becuase of our DD. For someone new to get to the point they felt comfortable buying and holding GERS they would have to do an awful lot of research and then take a great leap of faith.

Regardless, what money is left in the pennies usually goes to the stocks with momentum, not mere potential.

So, like many of you, I don't really expect the stock pps to move significantly higher until either a.) the capital structure is modified in favor of the common shareholder(ie YA debt and the Pref Conv.), or b.) we see some order from the court on prelinary injunction or summary judgement or settlements. With such a strong markman ruling, this is possible now IMO. Im convinced both will happen in time.

If im wrong and pps moves sooner, I'll be very happy.