Replies to post #20707 on GBT Technologies Inc (GTCH)

[marylandstockguy]

I actually did a similar move - I'm a bit player but freed up a few hundred bucks just in case...

I'm getting very encouraged. All opinion here - but the fact that volume was so low might be telling us that 1s were loaded to the gills over the past couple of weeks, and people are refusing to sell at 2. Porch brought up that point earlier and it may be a really good one, because the ask isn't gigantic.

In the end, your point about Friday is the bigger deal. I don't THINK they would announce anything - but who knows?? If that happens, I would think we might see the bid go to at least 2 right? 42.5 mil bucks in preferred shares - and a $3 million market cap? That wouldn't make any sense IMO.