Grifco Inc (GFCI)

[Dr Bill]

I Love this-

(from rbull)This message got zero response when i posted it on I-hub, but then again they are mostly big dreamers, or impatient daytraders over there. Not much into reality.

Here's reality:

http://stockcharts.com/def/servlet/SC.web?c=GFCI,uu[m,a]dacayyay[dd][pb50!b200][vc60][iUb14!La12,26,....

about to fall off a cliff, IMO

Occam's razor says that the simplest explanation is usually the right one. What is the simplest explanation for this action in the stock?

Also, since 3/8000 stocks make it off the pinke each year, you think that this (mis)management team will be THE ONE to pull it off?

The CEO will not authorize the transfer agent to release authorized and or outstanding shares to its own shareholders yet people are buying more and more and more stock. I just cannot understand. Are people THAT unwilling to admit that they've made a mistake? There are SOOOOOOOOOOOOO many good companie and stocks to invest in, why hold onto one that is so mysterious?

I will be back to check in later. My portfolio is having too much fun to pay much attention to this sad sad story.

PS has anyone called to verify that they have hired audtiors? There has got to be a firm somewhere that they supposedly have hired. Get the name and call. When I called Koblenz a LONG TIME AGO, he laughed, and said, "no they're not working on SEC filings!" A long time ago is September-October.

This is all my uneducated opinion and fraught with misunderstanding and mistrust that I always think that I'm being lied to by any management team until proven otherwise and may paint my writings with bias towards the bearish side.