Global Innovative Platforms Inc (GIPL)

[justasupporter]

ptrigger, I don't think the selling is coming from people who did exchange debt. The volume is by far too small for this. Todays volume represents $5'000.-- .
I think todays selling, as well as the selling of the past days, is coming from people losing patience or people that do no longer believe in the story. For sure they all sell at a loss. Also, when the hype started some guys took positions by far too big and now are struggeling. I remember a person on this board once saying he is long more than 10 million shares and not that long ago he announced that he wants to get ride of his position or most of the position. When you have not choice, due of whatever reason, you have to sell at any price.
Therefore you should not read too much in the action of the past days. I bought a small position also today. Maybe I'm wrong but you know I have seen how fast it can double and triple. Time will tell.