Just think about how much you can buy when the stock gets to .001 cents! You guys can really average down then!! I say this kind of tongue in cheek - so don't kill me. I do feel bad for alot of the people still holding their shares. I think GTE is heading south, way south!
But the positives are :
AP News Featuring Bob shows a legitimate operation in Sanswire,
10Q was not totally a bust - it has enough to keep anyone "intrigued" - I don't know how Mr. Huff does it!
The odds of this company making money is good, but the odds of them getting money from the Market doesn't look very good. That means the dilution "effect" will continue.
The effect includes -
15:1 reverse split,
2 years in a row of Authorized Share Increase
Doubling the amount of Outstanding shares in a year -
Forward looking - the ability for the company to finance operations with additional share sales creating additional dilution.
But, you never know...this one may turn around and rocket back to 4 bucks...! Just probably not soon.
GLTY
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