imo it was perfect timing.
up to this point GLCC has been under the radar. before yesterday, a quick glance on the board and you would have left with a feeling that the stock was full of disgruntled shareholders.
now that the cat is out of the bag, i think it's essential for those with a buy and hold philosophy to know what will be going on.
divi holders shouldn't be too concerned as there has already been clarification to maintain at least a .70 value.
buying on the dips and selling on the peaks can build your portfolio nicely.
selling on the ask and holding both long term and flipping shares is the work of a smart trader and why some on this board have been able to pick up some nice chunks at such a discount.
if this trading style was applied back in early 2007 some of the current people's share count would be much higher and their unrealized losses would be much smaller.
all stocks will go in both directions, whether you hold all or not. imo, if you accumulate on the dips and sell some on the peaks it will create more liquidity and ultimately help maintain a better pps since the shares are held by friendly hands.
i believe the chart was an excelent mentoring tool for long term shareholders of GLCC as well as everyone else.
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