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Re: None

Monday, 03/26/2012 10:47:00 AM

Monday, March 26, 2012 10:47:00 AM

Post# of 162657
Pure bologna. A bid whacker is not a bid sitter, which is what you described. There is nothing at all wrong with sitting on the bid, especially if this is trending south. Why would you want to pay more, when the goal is to enter at the cheapest possible price?

A bid whack is when someone takes out the bid, lowering the bid to the next level offered. THAT is a bid whack and it forces the price down. I understand you want people to buy off of the bid to support the price, but obviously we are in the midst of a price reversal.

Pump has been executed. The dump is underway.

Endless believers defending their paper investment - priceless.

For the person asking about the promo...

http://pennystockalerts.com/gdsm-stock-hot-gold-market-pick-or-promo-fools-gold/

To which they said:

One problem GDSM may have encountered is missing a deadline – traders like it when companies do what they say they are going to do. This is what Warren Buffett would call an unforced error. No one made GDSM offer a deadline in the JV announcement, but once they did it is fair to expect them to meet it. Traders may be running out of patience after the company failed to meet its own deadline.



Funny what's being said around the rumor mill of the net...

GDSM's latest quarterly report paints a rather bleak picture of its finances. The company has no current assets whatsoever, while its current liabilities exceed $800 thousand. Zero revenue and a net loss of approx. $15 thousand complete the picture.



Was being pumped over here...

http://pennychatterstocks.com/profiles/blogs/gdsm-update-1-12-11

Aim High Profits said;

Gold Coast Mining Corp. (OTC PINK: GDSM) is back to the level it was on 2 weeks ago before the “Pump” began on the stock. Similar to NSRS, GDSM was a perfectly timed “greed” promotion which timed investors view of gold prices and mining stocks hitting it big right after the NSRS crash.



Raging Bull was pumping GDSM in Feb

http://cheapstockforum.com/?sec=01&type=full&search=075ud5bip9

An alert from OTCTimes was sent out

http://www.otctimes.com/gdsm-limo-other-hot-penny-stocks-finish-slightly-up/

I mean GDSM is getting around

http://www.groupweb.com/?prID=83402

Regardless, it is clear - imo that this was a pump. FWIW, haters - hate on.

My post is my opinion only. Manage your own risk.

Ut sementem feceris, ita metes



Ipsa scientia potestas est