Why do you think the NY pumpers have been so quiet (gagged?)? Does it have something to do with their leader being hired?
Cant ya just smell the paid promotions coming?... might be worth a quick trade in the near future, unless the bottom falls out of the chart, then they'll have a harder time moving it imo.
Chart: A stock like this is more news/event/dilution driven, so you cant rely on the chart MOST of the time, but when they wake up and start drawing interest, the chart matters because its the first thing a momentum trader will look at... Momo traders = volume/awareness... and when you get high volume a stock can garner more and more interest/discussion as they spread the word, as long as the company is feeding the market news that keeps their interest. Once a penny goes silent and/or has no MEAT to feed the market, the price moves back to reality (drops).
Right now GHDC is sitting on a rising support line (bullish/higher lows), with L2 showing higher than normal Bid support from .02-.025. The support is still weak, but its RELATIVELY strong to what we have witnessed at higher levels...
The people invested in this should have a strong interest in holding above this trend line (closing prices). If it breaks, it could get very ugly fast and dampen future efforts to move it... If it continues to hold, it sets the stock up for news, promo, etc... Theres no use trying to attract interest if you aren't already on the launching pad, fueled and ready to go.