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Friday, February 07, 2014 10:08:06 AM
When and where people sell is totally up to them. Many have averaged down, some haven't. To each his own and for their own reasons. .02 isn't going to happen overnight on any news. However, our largest contributor to our current low SP issue is without a doubt the notes. Once they end and deals are solidified, the buying pressure should increase. The fact is, we have far more shares out there now than what we did a few years ago. It's going to take time to significantly increase anywhere near the levels you mentioned. Possible, but going to take time.
That said, I don't expect .01 or .02 in the next 6 mo. I'm not going to guess where we wind up, but I'm not expecting those levels unless we get a massive deal with Sterling (i.e. Kay, Jared's, etc.) which was hinted at in the last PR (Sterling owns Kay/Jared's). I know, such statements have been on-going for sometime. The Ultra Stores deal that Bergio had was a good start, but resulted in a setback for Bergio when they were bought by Sterling. We'll just have to see what happens and what deals are made.
Personally, I've taken off some sell orders I had in the .0005-.0012 range. I was going to flip a few shares to increase my position and lower my average. The feeling I have, and it's just a feeling, is that some kind of deal will arrive within a month or two that alters our direction. With little/no notes left to convert, no new notes after that and more buying pressure, the SP will ascend. How high and for how long, I don't know. I will say this, my excitement level is rising here. We seem to be heading in the right direction. Buy/Hold/Sell, do what you will. I still think our time is coming and that transition hasn't even begun to start.
GLTA
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