Replies to post #1714 on Globus Maritime Limited (GLBS)

[macdwatcher1]

Hello slam dunk. I am long glbs. Because of technical chart alerted me. The glbs was oversold about 8 or 10 days ago. The tsk was below 30 and the MACD was at negative -.08. So I jumped in. I expected some kinda of spike upwards. But it never really happened. You can look at the one month chart of glbs. The volume has been huge and heavy almost everyday. I have no idea where all the shares came from. Glbs also had two recent stock offerings. One at 35 cents? And one at 27 crnts? Who ever bit on those two offering are currently underwater with glbs. I’d be cautious with GZlBS. Look at other Greece based shipping companies. All basically pulled some fuzzy accounting move. Examples of Greek shipping companies listed on ZNASDAQ. Are SH I P. Tops. And FREED. They all follow and use the same dirty tricky play book. Shipping is shipping. Shipping and trucking goes on regardless of slowdowns or lockdowns. Glbs could PR some good news and you could see a 100 percent gain in one day with this glbs stock. But I think the share structure for glbs is messed up. I’m remaining positive. But this company glbs could announce a 1 for 16 stock split at any time. I don’t trust the Greek management. Look at the above stocks I listed above

[macdwatcher1]

See? I warned u about this company GLBS. All the Greek shipping companies listed on the NASDAQ exchange are all corrupt with their foreign accounting methods