Saturday, March 08, 2014 2:45:25 PM
I want to advise all of you newbies to just chill out. We may or may not get news on Monday. These kinds of deals take time to put together - terms are suggested back and forth and lawyers have to review each one and make suggestions for more changes. Management is restricted by securities regulations from saying too much until the deal is done. The pps will move up and down in the meantime based solely on speculation and sometimes a little manipultion by the MM's.
What I've never understood is all the bashers on these boards. If you don't own a stock, why spend countless hours and dozens of posts talking a stock down. Each board has them. I can't believe that all of these people are simply here out of the goodness of their hearts to help you keep your money. It's impossible for a retail buyer to short a penny stock. I suspect someone is paying them to drive the pps down. Either that, or they just want to be able to buy your shares at a lower price. You might notice that they come out in droves as soon as the pps moves up.
That said, this is pennyland and you need to be careful. Never invest more that you can afford to loose or put all of your funds in one basket. I've lost big bucks on stocks I thought were sure things. I currently own MCIG, FITX, VPCO and GDSM. This is the one that I feel is the most risky out of those. Nevertheless, given what I know today, I think GDSM could be a real winner at this price ($.0012 to .0018) . I've got 1.25 million shares now and I'm in for the long haul.
Les
Recent GRLF News
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