Most reverse merger OTC stocks are grounds for pump and dump schemes
The chart will only show a picture of what destruction happened the day before. How does a chart tell what will happen when there are paid stock promotions going on?
Did your chart tell you that the stock would lose over 20% during the last 45 miniutes of trading on Friday?
No.
Fact of the matter is that these reverse merger shell company stocks all do the same thing. People accumulate millions of shares, pump up the stock price, then reverse merge. They then have the stock price at a 400% premium to their cost. A wave of advertisements and stock promotions help drive buyers into the security (GCHT in this case) to buy those shares from them which is called the "Pump and Dump".
You may want to read about these Reverse Mergers here:
Seems as if GCHT fits the exact bill seeing as how over 80,000,000 shares were just purchased under $1.00 .. and some for even $.80. I am expecting a wave of stock promotions to get buyers so they can start dumping their shares. Those $80M worth of shares are worth almost a quarter of a BILLION dollars at the current market price.
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