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conix

05/01/15 11:41 AM

#976 RE: pilgrim58 #975

JMO, but there obviously has been a seller here, selling for whatever reason. That volume, imo, is not coming from a lot of shareholders. Hell, the public float is very low.

I am shocked that I got shares yesterday at .60. But, for now, I am going to wait to see if there is more high volume selling before I try to put in a REALLY LOW BALL buy order.

You want to sell? How about this price? How about .55? Hotw about .50?

Want to get out? Give ya .40. LOL

But this concentrated selling will eventually be over and we will be back up to .80 in a NY minute. JMO
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conix

05/04/15 9:16 AM

#980 RE: pilgrim58 #975

The next few days of trading will tell the tale, imo. Whoever is selling for whatever reason, it is clear that he is hurting himself by selling more than what the daily trading volume will bear without the price going down.

And the obvious reverse of that is --when the seller is through selling, normal buying will bring the price back up with the selling supply gone. I would expect .90 after the selling is gone. The market cap is too low even at that price, imo, but I can understand the market wants to see more from the company.

Now is the time for the company to come out with some news. They are due to file their 10-Q by May 15, so that should be at least some news to expect.

But my experience is that the "unexpected news" is what moves stocks.

GLTU, pilgrim.