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breezin_chs

06/06/08 8:51 AM

#11429 RE: Bigdogs #11428

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tryintoclimb

06/06/08 8:58 AM

#11431 RE: Bigdogs #11428

Bigdogs, why was this at .70 if it is only valued at .12? I got in a couple of weeks ago at .05 and feel comfortable with that(although .03 I would feel more comfortable;) I ask only because some say they are going to sue for the lost market cap, but it sounds like it may have been overpriced. I have also never seen a stock drop so fast on such little volume. I may buy more, just observing everything.
P.S. Thanks to all for the great dd, this is an exceptional board.
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Captskip

06/06/08 12:40 PM

#11573 RE: Bigdogs #11428

For sure! "GLCC currently has cash about equal to what the stock is trading at.

20 plus million in Assets put this at .12 now.

Also they have 4-5 distribution centers valued at 4-5 million dollars each. This is one huge company and these prices are a gift for those that realize what they own."