InvestorsHub Logo
Followers 384
Posts 9065
Boards Moderated 3
Alias Born 03/04/2006

Re: None

Monday, 06/04/2012 10:43:28 AM

Monday, June 04, 2012 10:43:28 AM

Post# of 330
Every stock you buy you need to know what the play is on it. Here's the play on GEER as I see it.

AS 10mil

OS 3.3mil

Float 1.57 million

This stock has ONLY 1.57 million free trading shares. I bought 100k so that leaves 1.47 million free trading shares.

The play is to buy up the remainder of the Float or free trading shares.

As this happens the price will go up. If you were to buy a million shares of this at one time imagine how high the price might go. Look at the current LII you see

10k at .039
9k at .04
26k at .06
100kat .08

Now that 100k at .08 is mine and look I just changed it to .09

10k at .039
9k at .04
26k at .06
5k at .08
100kat.09

It should be easy enough to see that buying a 100k shares would make the price go up at least 50% right now. What if you put in an order to buy a million shares. Here's the play, accumulate as much of the float as possible in strong hands, verify the amount. Once that's done the price will be higher than where it is today. Anyone watching GWBU on Friday and saw the massive bid support of multi million dollar buy orders on the bid. Did they ever get filled in one big blk? If you have 1.5 million float and then buy 1 million of it that leaves .5 million free trading. If you wanted to buy .6 million shares there isn't that many available. So if you put out a buy for .6 million you would get partial fill then the ask moves up slightly.

But if you put out .6 million buy AON above the current bid the bid moves up. As long as the AON is bigger than the float the price is supported.

The best thing is this stock has no dilution, no promoters dumping shares just a measly 1.57 million shares available for the entire world.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.