Replies to post #22047 on GDT Tek Inc. (fka GDTK)

[cableguy]

why hasnt the price moved in any direction? what needs to happen in order for the price of the share, .0001 to move?

It won't move, the O/S is bloated to nearly 40 Billion, as I stated before, that is enough to give EVERY MAN WOMAN AND CHILD 4.8 shares a piece, the company does a R/S every 2-3 years, and they are due for another one this year.

are there too many outstanding shares?

HELL YES...way too many.

are people just still buying shared that are from the company?

No one knows for sure if they are still dumping shares, except for the company, but from their past experience I would venture to say YES...

just wonering and looking for answers, like i said i am relatively new to the stock "game"

Hope this answers your questions,

I was new once and I bought into a diluting PIG CMKX, a diamond mining company, the had like 750 million shares O/S.

P.S. Don't buy anymore...

[04chargers]

answer to your first question is .0001 cant go any lower answer two- do some due diligence on al reda you will understand why this wont go up (40 billion shares) first he will have to r/s probably 1/15,000 the shares being sold has the money going into his pocket his salary is 300k a year so 25k a month equates to 250,000,000 shares a month that have to be sold than you still have to pay the other salarys and office rent, it adds up quick. pink stocks have to be played on runs and not fundamentals (cause their shells) Reda has played this game for many years this stock has been his familys personal money tree since the eighties, if your going to play stinky pinkys than you really need to learn the game first