Replies to post #1574 on Golden Global Corp. (fka GLDG)

[Value_Investor]

Where did I say that? However buy-at-bid is always a bad idea for a OTC reporting (i.e. diluting) stock since it will drive the price down further! Only buy-at-ask can push the price up so that all the shareholders will be benefit from the rising price! The best examples are the two OTCCI peers with the same AS size: by means of strong slapping-at-the-ask actions the two peers with much larger OS (1B+/600M+ shares) already surged to 0.0018/0.0007 yesterday from the same bottom 0.0002 without any news! To match the MV ($420K+ and $1.8M+ respectively), GLDG can hit up to 0.02023 or 0.00472 based on the 89M shares OS from the latest 10-Q!

[Value_Investor]

5M-0.0002 x 10M-0.0003 now. Just $3K worth of slapping-at-ask will lift the price to 0.0004 (Only 1M shares from the Level2)! The first time to see such thin ask since GLDG hit the all time low 0.0002! I'm glad to see those recent bottom shares (0.0002s) buyers did not put any single share at 0.0003 to sell! Among all the 0.0003s sellers over 80% of them bought those 8M+ shares at 0.0003 or higher (which means a loss or even sale) v.s. only 2M shares are from the one-tick flippers who bought the shares at 0.0002. Also no more sell-off over three days already and hope this continue until the catalyst 10-K kicks in... Anyway easy 10-bagger based on the joke low MV ($26K)!