Replies to post #49447 on Greenshift Corporation (GERS)

[ice_n_ak]

If the stock price keeps slowly dropping to, oh, lets say, .01... Would you buy more?

I will! But add the disclaimer that if no SEC filings are made during the drop, no further news good or bad on the court case, no
'nothing' except the stock price dropping slowly...

I hope it does drop on this boredom and then hope it shoots to the top of the fridge once some good filings come out.

[Dutch1]

The sharp downward price trend in GERS stock from closes above 9¢ to the current closes at 6¢ is important because it's so rare to see more than 10,000 shares traded during any trading session.

You wrote this after you wrote:

The price has been trending down for the past two weeks.

Let me break this down: "The sharp downward price trend"
When I look at the historical quotes

Over the last two weeks (from July 22nd to August 2nd, because of the date you stated this first), I see there are 5 days GERS closed below the previous close, and two when GERS closed higher.

You also say:

is important because it's so rare to see more than 10,000 shares traded during any trading session

So let's narrow this down to trading days of more then 10.000 shares in these these two weeks. Then I see three trading days where GERS closed below the previous close, an no closes that where higher.

Now let's focus on these three trading day's:

July 26, 2019 GERS closed at 0.0634 The previous close was at 0.0786
This close is 0.0152 lower then the previous close

July 23, 2019 GERS closed at 0.0786 The previous close was at 0.0787
This close is 0.0001 lower then the previous close

July 22, 2019 GERS closed at 0.0787 The previous close was at 0.0935
This close is 0.0148 lower then the previous close

I think you will agree that the one from July 23 is so little lower that it can't really be called a serious price drop.

That leaves us with two price drops in the past two weeks, from which the most recent (at the time you made your statement, was 10 ago. Remember that your statement was over the past two weeks.

These "important trades" from over 10.000 shares showing you the downward trend, have been on two trading days, 10 days ago and you use them to show that GERS has been trending down for two weeks.
8 of these trading days haven't been of any significance to your claim.

No let's go to a definition of of what we can call a price trend:

The direction and momentum of the price of a security or other asset. For example, if the price of a security is going mainly downward with only a few inconsistent gains

So you say that 2 days (10 days ago) of GERS moving down, and 8 trading days that aren't of any importance, can be defined as "going mainly downward" at this time???