posted
Oh now I know why there is not a GTEC listing, yaw got to make one, ha.
October 1, 2007
Dear Fellow Shareholders:
This will be the final letter that I, as your CEO, write to our Shareholders. After five years of serving in that role, I am honored to turn over this position to Mr. Wubo Cao, founder of Laiyang Jiangbo Pharmaceuticals Co., Ltd. ("LJPC"), Bla, bla, bla....
Structure of the Merger
Upon final completion of the merger, signified by the upcoming filing of the commonly called "Super 8K", present GTEC shareholders will own 25% and LJPC will own 75% of the merged entity to be known as Genesis Pharmaceutical Enterprises, Inc. For the time being, the stock symbol (GTEC) shall remain the same. Bla, bla bla,
Link to full letter: http: //www.genesis-china.net/
THE GOOD STUFF Barrowed from a wiser fellow than me. :
Oh hell, never mind, I am not going to copy a bunch of peoples information..
Just start looking around. Bottom line here, GTEC has 77 million in revenues, tons of profits to go with it. Holding 17 mil in the bank, holding another 55 mil in assists and their past two years growth was 197%.
The merger is completed, all moneys accounted for, SEC filings are in.. this merger is a done deal..
At the current price of .27 cents IT IS A GIVE AWAY!!
Gobble em up, will be a nice turkeyday present..
If it don't turn into a ten banger by then we'll have a sweet xmas anyways!
I never seen a win, win stock before but, HERE IT IS!
DO your DD, quick! This stock has no business selling for less than a buck and a half RIGHT THIS MINUTE!
I have my cart fully loaded… GooD LuCk,, no, forget luck, happy spending!
Posts: 42 | Registered: Sep 2007
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The new CEO has plans to do a 1-7 reverse split. I am guessing it will occure around .90 cents. It will ride from 5-7 bucks for a month or so and then i expect his plans, due to the reverse split, is to take it to the real market.. There it will jump to 12.50 and take off from there. In MY un-humble opinion.
Just in time for xmas shopping.
Posts: 42 | Registered: Sep 2007
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posted
GTEC after a nice little sleep, a run up to .49 cents since I posted this here.. IT'S BACK!!!
Little up-date,, ran up to .49 cents, and was doing great, and then; un-known to stock holders the subway dot com dumped into it,, while investor's were not to pleased with the companies loan agrement, and then financials were released, with ONLY 17 million in Revinues.. the sub way dot com had been given shares by the old company which became unrestricted,, and boy did they dump into news.. they aint got no more to do this and nobody else does either. ha..
Investors were 'like' WTH? we just bought into a company with 77 million in REV.s and it makes a lousy 17 million, quarter ending Setp 31 2007, after merger and contracts complet??
But the company tries to explain that they had to shut down the whole plant for a five year type of inspection, which took six weeks.. investors were like,, what?? how come ya'll didn't mention this before/ eh?
Anyways GTEC reported to investors 8 million earnins happened in October, so, don't sweat it.. And they expect 100 million in Rev.s this year. GTEC year ends june 30, 2008.
Do investors believe this from a brand new reverse meger in china?? not exactly, so it slumped..
So,, GTEC went to sleep for three months.. And yesterday released the Dec 31 2007 quartery financials..
What GTEC needed was conformation it wasn't jokeing, ha ha.. here's hghlights of today's PR.. and GTEC only got limited exposure,, expect more PR's on Tuesday..
Regardless, conformation, is now confermed. 100 million in rev.s are very, possible, moreover right on track of CEO's forcast..
EPS .06 and seriously undervalued right now..
Public float is around 55 million..
with another PR expect a gap and run tuesday..
News highlights
Second quarter revenue totaled $26.5 million, up 40.4% from the three months ended December 31, 2006
o Gross profit totaled $19.7 million, up 44.6% from the three months ended December 31, 2006; gross profit margin was 74.3%
o Net income totaled $5.2 million, up 154.5% from the three months ended December 31, 2006Posts: 42 | Registered: Sep 2007
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posted
Oh i forgot to mention,, GTEC is not just a good short play but long too..
It is already in the process of ensuring all that matters is togeather, completed, filed and processed, because, within the first half of 2008,, acording to the Investor Relation firm, who's handled several companies like this, it will be up-listed to the nasdaq. Repeting as was a direct quote from IR firm,, "first half of 2008"... ....
Expect to see a public exposure campaign which will increse the share price, because exposure is all GTEC needs right now with confermed strenth and growth.. with expections to become up-listed.
Estimated value of GTEC currently is $1.05
Posts: 42 | Registered: Sep 2007
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posted
Companies and investors always love to forget to highlight the most important part. How about an increase in O/S from 06-07 from like 70mill O/S to over 300mill O/S and besides all this record revenue and earnings crap they only posted a .02 EPS...less than their 06 4th quarter of .04
lets get real here, they are expanding the business but diluting way too much at the same time.
Posts: 6266 | Registered: Jun 2004
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posted
Yeah, It was a lousy xmas for me, cause after i originaly posted this, I sold for .455 cents, and the $10,000 dollar profit I made really sucked, Ha, ha..
Now during the time it settled down from there, I've bought back in and doubled up on the low sweet prices,.
And when it goes back to .45 cents again,, ya'll genius's will be eating crow, while I am partying down.. And then after it goes to the NASDEQ,, I'll be doubled down for the fourth time for another double. Having made this stock a double, double, double, double, double.
But here's a simple double, double, double,, 3 times.
let me spell that out for you. .20 x 2 = .40, 40 x 2 = .80 80 x 2 = 1.60 100k shares x 1.60 = 160 thousand dollars. . from 20-30 cents in less than a year is 8 times more then most of you 'winner pickers' chasing daily pop-up stocks win and loose. or when I am done here 16x's is just slightly MORE than a 10 bagger..
How do you get 100k shares? buy in with what you can, sell at a high, wait for a low,, buy all in again, sell at the next high, wait for a low, buy all in again.. etc.. before you know it your initial investment averages; a share cost so low you'll never loose this, and you continue to acquire more and more shares. As it continues to rise,, because you are a smart trader, you turned it into a ten bagger.. You do not need to run around hunting for the great and glorious ten bagger, like a slot machine player running around chasing the ringing bell, you MAKE it happen.. double, double, double, is a 8 bagger..
1 x 2 = 2, 2 x 2=4, 4 x 2= 8 bagger. I know tough math, Ha, ha.. add one more and you've got 16
Sorry you guys or gals, do not know how to make the money, but,, there's the simple 3rd grade math formula for yaw..
Here's the little highlight, you assumed I missed..
Note: 2007 year ending .06 EPS
Share structure and 2007 EPS.
_Current known Public Float: 53,544,224 +/- (tradable shares within market)
Current known approximate outstanding share structure .....7,777,343...warrant/reserve/options to buy ..20,000,000...reserved loans: Pope Investments ..10,000,000...restricted sold: Pope Investments ..22,384,290...10% private owner .......399,719...Director .........20,000...CFO 194,263,611...CEO
254,844,963 Total
...308,389,187 12/31/2007 total outstanding diluted ..-254,844,963 .....53,544,224 (float)
Total authorized or maximum shares allowable 600,000,000
194,263,611 Restricted, Chinese Corp. Verda.
...97,347,202 Unissued ____________________________________________ Year ending 2007 diluted: 199,524,608
Year ending 2006 diluted: 88,418,786 _____________________________________________ Three months ending 2007 diluted: 308,389,187
The key is: when you find a seriously undervalued stock like this? You stick with it for a year, during this period you learn as much about the stock as possible.. It becomes predictible to some degree, especially if you know, the market sediment, the companies worth and performance, and how to understand a chart..
8 bagger good,, however, by or before next fall, it will have become a 16 bagger for me..
So, go ahead pick at it,, but just watch, cause as we move along in time,, I'll be laughing all the way to the bank.. Oh wait, I am already bank, ha ha.. See yaw in Hawaii..
Don't say i didn't give yaw an opertunity to buy a seriously under valued stock.. cause it's last chance for romace kiddies.. ..
Posts: 42 | Registered: Sep 2007
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posted
So you bought $15,000 worth of a stock that was trading at .27? Because that's what you would have had to have bought at .27 to have made $10,000 profit at .455.
And color me impressed if you happened to buy $15,000 worth at .27, not take any profits off the table on the way up, and sell all of your holdings on one of the only two days that it went over .45, right before it started a rapid decline.
Not saying you didn't make money on it, or that you won't this time, but your "know-it-all" atitude, and unbelievably good entry and exit points make it a bit easy to dismiss your posts as BS.
quote:Originally posted by JH: Yeah, It was a lousy xmas for me, cause after i originaly posted this, I sold for .455 cents, and the $10,000 dollar profit I made really sucked, Ha, ha..
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
PCola77 I am sorry i seem to appear as a bit of a S/A however, I am responding to like kind.. I generally play to the rules set by the respondents. As of yet, except youself, nobody except like kind has posted.
And yeah my exit at .455 was nice, lucky perhaps but expected the momentum..
Currently i am expecting GTEC will return those prices and due to the performance of it this past quarter, much more.
Radar, gap-up open at .33 in 20 minutes from now.
Euro closed at .3303 USD
Posts: 42 | Registered: Sep 2007
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posted
Conferance call on going at this moment, details for listening after call in PR below:
Genesis Pharmaceuticals Announces Conference Call to Discuss Results for Second Quarter of FY 2008 Thursday February 14, 10:12 am ET
LAIYANG CITY, China, Feb. 14, 2008 (PRIME NEWSWIRE) -- Genesis Pharmaceuticals Enterprises, Inc. (OTC BB:GTEC.OB - News) (``Genesis'' or the ``Company''), a U.S. pharmaceutical company with its principal operations in the People's Republic of China, today announced that the Company will host a conference call at 10:00 a.m. EST on Tuesday, February 19, 2008 to discuss results for its second quarter ending December 31, 2007 of its Fiscal Year 2008. ADVERTISEMENT
Conference Call
Genesis Pharmaceuticals management will host a conference call at 10:00 a.m. Eastern Time on Tuesday, February 19, 2008 to discuss financial results for the second quarter of its Fiscal Year 2008. The conference call will include Mr. Cao Wubo, Chairman and CEO, and Ms Elsa Sung, CFO. To participate in this live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: (800) 688-0796. International callers should call (617) 614-4070. The Conference Pass Code is 21423939. If you are unable to participate in the call at that time, replay of the conference call will be available from Tuesday, February 19 at 12:00 p.m. EST to Tuesday, March 4 at 12:00 p.m. EST.
To access the replay, call (888) 286-8010. International callers should call (617) 801-6888. The Conference Pass Code is 53670554.
Posts: 42 | Registered: Sep 2007
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posted
Hopefully you at least can see where they are coming from. People who have been here for many years have seen hundreds or thousands of people sign up, post about some great opportunity, trick new people into buying, and dump their shares never to be heard from again. As Tex said, the way you posted sounds a lot like that type. If you're not that type, then fine, but people can't really be given the benefit of the doubt in this arena. Best of luck to you though.
quote:Originally posted by JH: PCola77 I am sorry i seem to appear as a bit of a S/A however, I am responding to like kind.. I generally play to the rules set by the respondents. As of yet, except youself, nobody except like kind has posted.
And yeah my exit at .455 was nice, lucky perhaps but expected the momentum..
Currently i am expecting GTEC will return those prices and due to the performance of it this past quarter, much more.
Radar, gap-up open at .33 in 20 minutes from now.
Euro closed at .3303 USD
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Regardless of the style of the information, I have provided facts for your review and as my first post an opportunity.
Pump and dump assumption where as i show a lengthily support of GTEC, seems to me, a bit rude.
Geez with my first post here, an excellent buy and time, I was instantly bashed and continue to be bashed by people who fail to do their home work..
Whereas i may sound like a know it all I've completed extensive research.
You can either read through the lines here, or whatever,, as this site seems very unfriendly..
Personally unless you are just jumping in and out of stocks every other day, I would never follow this likes of people who instantly bash, that have no idea of the company they recommend, bash or disapprove.. ..
Lots of funnier people around here, all who have not performed their DD.. bash first ask questions later, results in lost information..
Also seems for the attitude of the replies, it might be a no brainier as to why people pop-up a stranger, and fail to return.. Pump and dumper? or just plain do not like to party with rude people? do the math..
Posts: 42 | Registered: Sep 2007
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Company plans increased exposure which will increase the share price, and lower the possibility of a reverse split to up-list.. There are multible campaigns in the works and on going.
The company has not made a decision as to exactly which market to up-list into.. AMEX is a likely candidate, although all markets are within consideration..
The float is estimated to be 1/4 the outstanding shares, but will provide a detailed share structure soon..
The Revenues expected this year ending June 2008 are over 100 million and 26 million in operating expenses.
Next years forecast of Baobaole Chewable Tablets revenues are in the range of 26 million. This past quarters sales of this were in the range of 15 million. Future 2009 etc. sales are expected to rise well above estamated 2008's projected 26 million. .
There are a few new products expected to be approved soon and released in 2008..
Did not have to much chance to take notes so mostly information from memory.. Please to add or correct any mistakes I may or may not have made. tks
Posts: 42 | Registered: Sep 2007
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posted
I mean no direspect to you, but I think most here would rather occassionally miss out on the postings of a truly knowledgeable poster and have fewer P&D posters than give everyone the benefit of the doubt and have taht result in many peopel taking big losses on a regular basis. It's just the nature of teh beast that is an internet message board. You have to take the bad with the good, I guess.
quote:Originally posted by JH: Regardless of the style of the information, I have provided facts for your review and as my first post an opportunity.
Pump and dump assumption where as i show a lengthily support of GTEC, seems to me, a bit rude.
Geez with my first post here, an excellent buy and time, I was instantly bashed and continue to be bashed by people who fail to do their home work..
Whereas i may sound like a know it all I've completed extensive research.
You can either read through the lines here, or whatever,, as this site seems very unfriendly..
Personally unless you are just jumping in and out of stocks every other day, I would never follow this likes of people who instantly bash, that have no idea of the company they recommend, bash or disapprove.. ..
Lots of funnier people around here, all who have not performed their DD.. bash first ask questions later, results in lost information..
Also seems for the attitude of the replies, it might be a no brainier as to why people pop-up a stranger, and fail to return.. Pump and dumper? or just plain do not like to party with rude people? do the math..
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
perhaps, at least once you showed up, i could clearly see your interest in a friendlier tone, whether pro or con. And as i said, i respond in like kind..
Gee, GTEC did not perform as well as i expected today, however, in a careful chart analysis, it has very good, excellent potential.. Tech figures, or several studies in a chart analysis show GTEC in a very positive position..
Even the red candle formed today, exhibits direction which is absolutely no different than the white candle last Friday.. Both candles represented indecision of the market.. today’s Red meant selling pressure but left a taller shadow above it, showing support for higher price.. The positioning, height and extensions of those two candles, show indecision .. Tech studies are not perfect though, other wise we’d all be rich..
Company performance is excellent at this point,, the only fault seems to be market sediment, and or the exposure to the market.
It seems the major reasoning for today's action is due to the lack of exposure the recent press released received..
Both Google and yahoo return no recent news results when searching GTEC or Genesis Pharmaceuticals. A undervalued stock, going unnoticed can be a good or bad thing. However all good for the long run..
Indicators suggest a 'hold' from today's action. as i mentioned .33 will be a strong buy signal..
Posts: 42 | Registered: Sep 2007
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quote:Pump and dump assumption where as i show a lengthily support of GTEC, seems to me, a bit rude.
Geez with my first post here, an excellent buy and time, I was instantly bashed and continue to be bashed by people who fail to do their home work..
Geez, JH? You *sure* you wanna do this?
lol, am guessing your reply--so tell me later if I was wrong
First, nobody yet has called you out as PnD guy...
However, "i show a lengthily support" is actually quite typical diction--and you've got a bunch of "matches." Obviously, am not gonna lay out everything that matches...I trust that makes sense, eh? In case it's not obvious, we've busted hundreds of frontloaded plays, here...
quote:Geez with my first post here, an excellent buy and time,
Not hardly. An *excellent" buy/time pic would've been a few days earlier. Hang on--this works in your favor... PnD-wise.
quote:I was instantly bashed
lol, IMAKE says NO, NO, NO then adds JMHO...
But, you, young man, you react not by engaging or, apparently, doing board DD to see whether he posts one way or another, or is respected one way or another--instead you smart-off with a puerile comment on his nick, something to the effect of, 'Ok, change your name to . . .'
quote:IMISSEDTHEMONEY
So--who's being "rude"?
Then you posted a bunch of ifs, ands and buts about the price-expectations during the holidays, while practically promising a big multi-bag gain for "longs."
To top it off, you post about TA/charts without making too much sense: Williams% has turned south, as has slostoch, and even CMF--which is usually kind to this issue, since the merger. Worse, even RSI is looking for a place to lay down. Add in Aroon and ADX?
No way this is a chart play...
Sure, we all know pennies can a turn a chart on its head. Any POS can run...
But the chart's also showing this play needs PRs.
Bottom line? I think you're a stuck-holder, not a big winner. Might I be wrong? sure...been wrong before, and will be again.
Anyway...you succeeded in at least one aspect: several eyes are on this, now
posted
stock trader, you have not spent the ten minutes you said looking up GTEC.. SEC files are a click away. and it seems not completely read the information here.. It's a reverse merger and to insure the company contained or retains the greater portion of its share structure, adequate amount of share stock for loans it converted Class C and increased it's allowable shares to 600,000,000. To date the company has not increased the float,, But you knew that eh? not.. It's is clearly written in the SEC files.. And the share structure. The only increase in the float was a PR firm that had it's reserve lifted.. The subway dot, dump a year later for a pump, paid for by the old company, Genesis Tech. But you knew this too, eh? You went straight to the SEC files and read the last quarterly report, right? A 10 minute review..
Any other increase in the float or actually outstanding shares is reserved options to buy of the old company as well which were exercised the last quarter.. This was insider buying... However, i am sure you looked up the share structure on your own too eh? The SEC files are just a click away, and last filing accounts for your answer.. Unless you are just assuming? Or putting a short on it..
No dilution.. No share dump..
Tex you are such a basher I aint even gonna respond to your targeted attempts to create a short position here..
shorts are not likly to win in a company that's seriously undervalued, although there is a lack of investor support in the news wire. Depending on how you look at this,, depressed pricing due to low exposure?? When it increses, these cheap prices will be long gone.
The share structure I poste earlier, above is in error, recently the CFO said that, Pope's shares are unissued convertibles warrents, and not part of the oustanding shares..
Some 30 million,, which leaves the float at or near where it was last year.. 83-5 million.
here's a corrected ajustment.. No delution..
Current known Public Float: 83,544,224 +/- (tradable shares within market)
Current known approximate outstanding share structure .....7,777,343...warrant/reserve/options to buy
posted
I forgot to mention,, Pope's 10 million buy.. it's not clear how these are not in the outstanding shares, and if so, the point is, there's been no distribution within the float, these shares are restricted though..
Plus, Pope's loaned amount of 20 million, IF they are exercised AND the company allows Pope to obtain these, at .25 cents per share after five years plus the collectible interest, it's a major score for, them.. With GTEC's continued growth, it’s not likely GTEC will or has to give away these shares in five years, just pay back the loaned amount. Or aquirer another loan using these shares at a higher multiple as the security for such.. I.E. if the PPS is only $1 in five years, the value of the shares are no longer 5 million they are 20.. you can barrow at least 20 million, pay off the 5 and obtain 15 million dollars more. Or, aquire a loan for 25% of these shares and pay it off too, thereby adding back into the un-issued or restricted share bank.. In most loans pope could be paid off five years later, or next.. The company has not lost share value nor shares it's just reserved it and useing what's availble to its advantage. .
And what they bought at .32 cents when these are unreserved, is another bargain. Institutional ownership is designed to be an investment in a company that will prove to be an excellent asset.. .32 cents for GTEC is a no brainier, Pope investments jumped on this ship well before it sailed. ..
Posts: 42 | Registered: Sep 2007
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quote:Tex you are such a basher I aint even gonna respond to your targeted attempts to create a short position here..
lol...short? moi?
nah...I trade only cash. You're right to be concerned, though--looks like short interest has been doubling every coupla months or so since that big day in October... But with the high price of shorting a penny stock, I doubt it's Joe Retail.
Hey, one good thing--your RSI and Willy% are trying to turn...
posted
Yup GTEC is obviously on several peoples radar and only looking for a small amount of positive direction.., any buy-ins at this point can become the support it's looking for,, Bulls are having cold feet out there and hungry shorts, or wolves and bears, both the bulls and bears are waiting to pounce on it..
GTEC last report leaves hardly any if at all, advantages for the bears.
Posts: 42 | Registered: Sep 2007
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posted
JH, "bashers" don't post 17,000+ times (Damn Tex, get a life...). Bashers bash, then move on to a new username Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Ha,, PC, not in yahoo!! anyways, Tex figured out how's come I thought he might be bashing.. it's all good..
I am expecting a push today,, Bears, aint liking the bullish trend..
yesterday near end it looked like a bear might have tried to push it down, when there were a couple of small sells 1000 and 1300. sold well under ask. However bulls didn't bite and dump.. This signals a bull run soon enough, and bulls are in control, just looking for a reason to jump in, follow the pack.. ..
I am telling yaw, do your homework on this, it's way undervalued.
I did my CYBL homework 6 months ago, MY ONMC home work 6 too..
And GTEC makes these companies look puny.. Not that ONMC does not have great potential and CYBL some day too.. BUT GTEC HAS THE INCOME, PROFITS ETC, long before and well into the future..
Posts: 42 | Registered: Sep 2007
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posted
Whelp, here it comes today.. Probable entry of .27 cents again.. Jeez, man.. the numbers with 60% discount call this about .57 cents stock.. Without, it's around $1.17. It's a shame for those who are in it, early, that the news never made it to Dow Jones and many other popular news sites.. However, here it is, opportunity to grab some super, cheap shares..
Now, maybe it's not going to make you rich overnight,, or not tonight,, but once this train gets rolling properly and its actual worth begins to become realized?? Whelp,, here's your chance...
Resistance is at .33 when that mark hits,, yaw don't want to be on the sidelines asking your self,, "heck, how come i didn't grab those .27's28.29.30s " But knowing it's real worth,, and as it starts growing,, even buck is cheap..
There’s a heck of a lot of people watching this stock, cause everybody knows it’s a bargain, a steal at these prices.. carrying a low volume and last week trading 2-3 million in one day.. Everybody’s watching for the pop, as the bulls begin running.. All I can say,, is: why wait and take a chance of standing in line, when here’s an opportunity to be ahead of the pack?
Soon enough the company will be releasing news of two more drugs they’ll be selling,,… And this time,, either the IR firm WILL ensure it gets broadcasted properly,, or,, or well, I’ll murderize the guy!
Posts: 42 | Registered: Sep 2007
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posted
Actually looks like this thing may break out and soon. Real soon I am in on any pullback to .29. If it gaps it may be a good buy as well. Keeping a close eye on this
Posts: 1104 | Registered: Dec 2005
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posted
The thing About GTEC is hidden value.. Ditton Associates ran the numbers on GTEC last Jan. They reported a target WITH a 60% discount at .42 cents.. Discount was added because the company, GTEC Parma was new to the market.
Now the GTEC semi annuals are out, WITH a 60% discount it's .57 CENTS.
Run the numbers WITHOUT the 60% discount.
Reuters and Thompson's have it over a buck and as strong buy, and out perform as of 2/24/08..
So, where can you buy a dollar stock,, not a hyped up buck stock, but genuine valued, at today's PPS??
You tell me and I am in!
OPPS wait a second,, I am in.. over 100K shares and adding as we go..
Do the math run the numbers for your self..
SEC files has all the numbers.
Posts: 42 | Registered: Sep 2007
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