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Tuesday, March 20, 2012 2:52:25 PM
I am perplexed, and I'm sure I'm not alone, though few would admit to that.
The cause of this "dip" (it's really been a plummet over the past six days) is a mystery. I can't see it being caused by insider trading, because with all the company has going for it down the line, it wouldn't benefit insiders. On the other hand, stocks in pennyland rarely get shorted by pros. But then, I have to allude once more to the fact that this is alternative energy we're talking about, not one of Obama's solar or windmill pies in the sky that have been going belly up with great regularity. If GESI rolls on the way it could or should, conventional energies are going to take a hit, which is what makes me suspect some hanky panky money circulating from jealous outsiders.
And let's face it; if I'd said six days ago that GESI would go from .058 to just a tad over .02, twenty out of twenty among you would have been LYAO. Not only that, let's not kid each other here. If it rebounds from .027 to .054, a lot of traders are going to double their money, sell, and watch the thing yo-yo over and over, which won't benefit the company one iota.
I don't know the solution, but only a fool would buy, only to get pilfered by the very sellers who told him to do so. And if we don't see a rebound fairly soon, all the low-ball buyers on the cheap are going to end up buying and selling to and from each other, which makes about as much sense as two insurance salesmen sitting across the table peddling insurance to one another.
Loyal
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