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nobody12378

06/22/11 2:31 PM

#14557 RE: jimmowrey #14555

Only if there is enough investor confidence in GERS so that it doesn't plummet from the split value. With the history here the confidence does not exist and the exhaulted heights of the new PPS will likely become a diving board from which new (relative) lows will be achieved. That is why IF you truly believe in the long term prospects of this company you need to save your money now so that you can average down after the R/S.
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nobody12378

06/22/11 2:36 PM

#14558 RE: jimmowrey #14555

My Level II from OTCMarkets shows no MM with a non zero BID.
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MadDog08

06/22/11 3:46 PM

#14563 RE: jimmowrey #14555

Saying it doesn't make it so. There is no Bid. And in a perfect world a R/S doesn't impact share price. But if you go by past experience, and not a "perfect world" scenario, the share price for this stock may very well go back down to .0001. Like what happened to me last year, my investment lost value by the proportion of the reverse split...
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Skribe

06/22/11 4:22 PM

#14572 RE: jimmowrey #14555

No reverse split, .0001 is bottom to me, a split would increase the pps, thus allowing room for it to fall further, just opening the door to the next level down, to investment depreciation. These bashers and shorts are waiting below like devils. Would feel sorry for any who has long holdings from prior to the last 2 splits. I don't think the company would do another r/s to the shareholders now that they have all those systems online and all those revenues coming in. Why damage their loyal shareholders now that the business plan which these valuable shareholders helped finance has successfully started up? Think if .0002 fell back to .0001 then after a split the down trend would continue and fall further as these bashers and shorts want. The Market cap would fall below $1 million, which is nonsense as qtr 1 had a Positive Net Income of $10.1 million. I don't care to sell right now, only accumulate as fundamentally the financials of the company are improving, increasing the equitable value. This is like before at .0001 a second dip and buying opportunity. I got more a .0001 today! GLTA!