This is topic GLCO I bought some in forum Hot Stocks Free for All ! at Allstocks.com's Bulletin Board.


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Posted by keithsan on :
 
I bought 100 shares for .45 cents [Smile]

"1-750 R/S; No Shareholder Reduced to Less Than 100 Shares"

worth a shot, probably R/S then merger
 
Posted by glassman on :
 
why not 7000 shares?
 
Posted by Dustoff101 on :
 
Keithsan, LOL, thats kinda cleaver.
 
Posted by keithsan on :
 
thanks i like being cleaver i home i'm wally.

Glass, what kind of question is that?

i didnt want to spend more than .45
 
Posted by glassman on :
 
LOL, i got mine for 40 [Razz]

i can't believe i'm doing this [Big Grin]
 
Posted by keithsan on :
 
damn ask dropped, coulda saved a nickel
 
Posted by glassman on :
 
yeah , but i'm just wondering? would they leave the 7000 as is or would they cut it to 100????

i only got 100 i guess i can take the "profits" and go out on the town LOL oops i forgot, there's no place to go dayown hyar...
 
Posted by keithsan on :
 
quote:
Originally posted by glassman:
LOL, i got mine for 40 [Razz]

i can't believe i'm doing this [Big Grin]

only you would buy between bid and ask to save a nickel cheap bastage.
 
Posted by glassman on :
 
no doubt my broker will take them and i'll have to wait a year to get 'em back..LOL
 
Posted by keithsan on :
 
some of these brokers are brutal. just show them the facts.
 
Posted by glassman on :
 
facts? nobody cares about facts anymore keith LOL
 
Posted by BuyTex on :
 
ya, funny...

pulled the trigger, but they ain't filling none too quick...

lol, when's the r/s?
 
Posted by keithsan on :
 
ya i'm hearing they will bust my HVST trades today dammit, mm's forgot to do the RS shoulda been worth 2 bucks [Smile]
 
Posted by tupac on :
 
lol, Im in, tryin to make a dolla outa fifteen cents
 
Posted by keithsan on :
 
be patient [Wink]
 
Posted by tupac on :
 
why are some people buying 750 shares?
 
Posted by BuyTex on :
 
hoop, dey it is...

filled

Bet Scottie loves that one...they're gonna close my account for "pattern nuts trading," lol
 
Posted by keithsan on :
 
Tupac some people are stupid. you know, like that tattoo on your belly.

go TEX big spender. GLCO has a merger upcomin.
 
Posted by Thorn on :
 
So, is this the one to retire on? [Big Grin]
 
Posted by keithsan on :
 
its .45 cents, just building up your account, some group may run it in the future.
 
Posted by tupac on :
 
alright, well I put my .40 in. I interested to see if for once one of these stocks that seem to good to be true can pan out. This time its with a small investment.
 
Posted by Dustoff101 on :
 
Group? do ya meeen the Wally and Beaver clever group?
 
Posted by glassman on :
 
i think we are more like:

 -
 
Posted by BuyTex on :
 
ooooooooooooooooo-TAY
 
Posted by glassman on :
 
dardadog is even there [Big Grin]

keith is the one with the lunch-pail [Razz]
 
Posted by BuyTex on :
 
Where's Darla Gurl?
 
Posted by JHenry on :
 
Where is the split information listed?
Thanks,
Jim
 
Posted by BuyTex on :
 
ex-date manana:

http://www.otcbb.com/asp/dividend.asp?sym_id=GLCO&sDateType=ex_date
 
Posted by JHenry on :
 
Thanks BuyTex
 
Posted by BuyTex on :
 
I think they picked up on the strategy and walked it down...
 
Posted by keithsan on :
 
lots of sellers didn't want to get with a bunch of shares worth .45
 
Posted by Dustoff101 on :
 
check PVLS out
Nasdaq, today low of $3.00
High $14.39 up about 350% on 932,278 vol.
Close $8.50

Thats why I work these cheap low vol nasdaqers!

Av vol was about 1000 shrs a day.
 
Posted by keithsan on :
 
quote:
Originally posted by BuyTex:
I think they picked up on the strategy and walked it down...

Tex, think about it,

if you owned it pre RS announcement say 75,000 shares they would be split into 100 shares come tomorrow. you could sell 74,900 at bid for 182.75 and still have your hundred shares...

so of course there was a lot of selling.

There was nothing to catch on to. We got the best deal possible on our shares and we'll see what happens.
 
Posted by keithsan on :
 
quote:
Originally posted by glassman:
dardadog is even there [Big Grin]

keith is the one with the lunch-pail [Razz]

Glass, your not in that picture, i can't find froggy anywhere.
 
Posted by glassman on :
 
i took the picture silly [Big Grin]
 
Posted by BuyTex on :
 
keith: agreed
 
Posted by cruz on :
 
i guess i could buy a 100 shares tomorrow for 25 cents [Smile]
 
Posted by BuyTex on :
 
cruz, ex-date is tomorrow...
 
Posted by keithsan on :
 
quote:
Originally posted by glassman:
i took the picture silly [Big Grin]

excellent retort
 
Posted by keithsan on :
 
Cruz, your still lost in space.

cant believe we have a 2 page thread on a POS .45 cent play LOL
 
Posted by cruz on :
 
LOL keithsan! I was out all day yesterday. Missed this one I guess. I couldn't find the r/s info on this. Didn't know what the ex-date was.
 
Posted by tupac on :
 
scottrade says my 100shares are worth 0, does this mean that the transaction is going through now?
 
Posted by Thorn on :
 
Probably means you need to find a new broker [Razz]

No problems with the display at Ameritrade. [Wink]
 
Posted by BuyTex on :
 
Scottie shows nothing on mine...what do you see, Thorn?
 
Posted by TampaInvester on :
 
as usual scottie is late because the go by the "rules" or whatever
 
Posted by tupac on :
 
i am thinking about switching to forex, any opinions?
 
Posted by Thorn on :
 
Ameritrade still shows .0025 with vol of 144,131 today.
 
Posted by keithsan on :
 
accounts should be updated by the 9th or 10th
 
Posted by Thorn on :
 
According to the pink sheets, the new symbol is CTHG (though I have nothing showing on it yet).

Last Sale: 1.8750 (of course, that's just .0025x750 [Razz] )

http://www.pinksheets.com/quote/quote.jsp?symbol=glco
http://www.pinksheets.com/quote/quote.jsp?symbol=CTHG
 
Posted by keithsan on :
 
CTHG bid was 1.05 ask 5.+ in the early going today, no trades.
 
Posted by keithsan on :
 
quote:
Originally posted by keithsan:
accounts should be updated by the 9th or 10th

they were gun shy today, said it was policy, i brought up forward splits etc...

he said this RS is different, since we will be rs'd out, but "rolled back" could take until the 10th.

then he asked, did you know about the RS when you bought? I told him that was why I bought, he was kind of dumb founded.

Wasn't the brightest guy I ever spoke with there but I'm not stressing about these shares.
 
Posted by BuyTex on :
 
"rolled back"?

meaning r/s'd out, then rolled back to 100 cuz of the stipulated minimum?
 
Posted by keithsan on :
 
yep

I laughed but didn't feel like speaking with a manager, the kid wasn't there for his knowledge of rules. i'll be gone all week so the 10th was fine.
 
Posted by BuyTex on :
 
well, it'll prolly be closer to the Ask by then, anyway, lol

again, fun play
 
Posted by Thorn on :
 
Heh. Well, now Ameritrade shows a blank in the place where the symbol should be...and still no info for the stock symbol "CTHG".

I wonder what broker Keithsan uses....

I don't know what I'll do if I lose my $.40 investment in this stock!! [Big Grin]
 
Posted by Thorn on :
 
Today I have zero shares of stock, and my account history records a mandatory reverse split event.

Maybe by tomorrow I'll have 100 shares; right now, the stock doesn't even show up in my portfolio. [Smile]
 
Posted by Thorn on :
 
CTHG is on the board today. I still have no stock in my portfolio. Time to contact Ameritrade...
 
Posted by Thorn on :
 
Thank you for contacting us today regarding your account.

On 8-5-05, Global Connections had a 1 for 750 reverse split. On
8-10-05, your 100 shares were removed. At this time, Ameritrade is awaiting
information regarding the round up shares.

[Smile]
 
Posted by BuyTex on :
 
My GLCO shares? gone, too

No CTHG, yet
 
Posted by keithsan on :
 
I hear othe brokerages besides ameritrade have theirs.
 
Posted by Thorn on :
 
Woot! What broker do you use, Keithsan? Still no word from Ameritrade, but they have a "specialist" looking into it.
 
Posted by keithsan on :
 
i'm with ameritrade. they used to be good but since GVRP life has been rougher.
 
Posted by Thorn on :
 
What brokerages are they that have the shares, Keithsan? No word yet from the "specialist."
 
Posted by keithsan on :
 
E trade.
 
Posted by dsi on :
 
you guys are funny---
 
Posted by dsi on :
 
remember I said buy GNBA now it is worthless
 
Posted by BuyTex on :
 
HEY--

lol,

I forgot my hunnerd bucks...where's my pals when I need em? Gotta set my alarm...
 
Posted by keithsan on :
 
whats GNBA?

GLCO is now CTHG

I just wrote to my broker who tolde me to ask the company for my shares.

I will have to read my broker agreement with them in the am. They took my money on a legal trade then took my shares, hell their probably shorting my CTHG shares and they will hand them out when they are ready.
 
Posted by BuyTex on :
 
YOU sold them to ME--

you're short...
 
Posted by keithsan on :
 
? do you drink before or while your posting?
 
Posted by BuyTex on :
 
depends...
 
Posted by keithsan on :
 
wow,

i knew you were screwed up, but I didn't know you had to wear those.
 
Posted by BuyTex on :
 
lol,

OK, WHEN do you start?

btw, I'm about to have o-n-e more, then I'm done. four-thirty comes early, got a job an hour and 15 minutes away in the am--daily temp avg 99-100 lately...
 
Posted by Thorn on :
 
Let me know if you find out anything Keithsan. I'll bug Ameritrade/CTHG as well.

What became of that guy with ETrade? Does he have shares?
 
Posted by Thorn on :
 
Thank you for contacting us today concerning Global Connections.

At this time, the transfer agent for Global Connections is processing the "round up shares" request from Ameritrade. A time frame is unknown.

If you have further concerns or inquiries, please reply to this message.

Sincerely,

Joy Busse
Apex Reorganization and Safekeeping, Ameritrade
Division of Ameritrade, Inc.
 
Posted by keithsan on :
 
quote:
Originally posted by Thorn:
Let me know if you find out anything Keithsan. I'll bug Ameritrade/CTHG as well.

What became of that guy with ETrade? Does he have shares?

not sure, haven't been flipping pennies most of august.

switching homes now, moving sux. will write TA and company next.
 
Posted by keithsan on :
 
by the way, not happy with the way penny market has been cheating lately. GVRP I understand and new it was lottery, but I've done these GLCO type plays in the past and never had an issue, same with spinoffs, it took me months to get a recent spinoff from some POS company.
 
Posted by BuyTex on :
 
heard that--it's the new Pearce virus that escaped SEC containment...infecting the market
 
Posted by Thorn on :
 
TODAY

I have a new line in my portfolio. It lists 100 shares priced at 1.10 each, but has no stock symbol. [Smile]
 
Posted by keithsan on :
 
mee too [Smile] I will hold but selling at 1.00 on a .20 play not bad [Smile]
 
Posted by Thorn on :
 
yeah. free shares pretty much. I'm in no hurry to sell, but let me know if something bad comes out in the news!

So...how long before the reverse merger? [Wink]
 
Posted by keithsan on :
 
being they just RS'd for no reason I'm expecting a FS or an aquisition...

not enought shares to RS yet, they gotta be able to dumps some first, trying to hunt down their share structure
 
Posted by Thorn on :
 
A FS following a RS?? FS is forward split right? Am I missing something?
 
Posted by keithsan on :
 
happens all the time, company RS's to get shares down, start a new company and sometimes they FS to get shares out to shareholders. Sometimes they just dump but I try and avoid those companies.
 
Posted by BuyTex on :
 
I finally e-mailed Scottie today about mine; still showing zip.

Of course, I don't show ANY gvrp/mamg at all...I think they wear big shoes and funny makeup, those Scottie boys
 
Posted by TampaInvester on :
 
I spoke to the rep at scott. Like always they said since this is a special situation they have to wait for the dertficates to be delivered before showing in my account and may take 4-6 weeks. The same situation like GVRP/MAMG
 
Posted by Thorn on :
 
So, Keithsan...how did you get the stock without paying a broker fee?
 
Posted by keithsan on :
 
I dont use that in my addition. I take an automatic 20 off for both ways. so it was a 22.00 play or something, currently worth 100 if I'm a bidwhacker. not bad bank [Smile]
 


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