Allstocks.com's Bulletin Board: GTRD split to GBTD. Need info please.

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Topic: GTRD split to GBTD. Need info please.

beedub
New Member

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posted

What's up with Global Triad (GBTD) since the split on 12/27? I can't find any Bulletin Board discussion about this since 12/23 (before split and change from GTRD to GBTD). Anyone know why the 50 to 1 split created the new price at .65 and yet it only opened after the split at .25? Where'd the other .40 go? I can't seem to get any info or explanation for the missing 40 cents.

Posts: 4 | Registered: Jan 2006 | IP: Logged |

*Mag*
Member

posted

beedub you should enable your Private Messaging... This happens all the time. Let's look at what happened here... GTRD R/S 1:50 posted an hour before close for Christmas weekend... intentional hmmmmm...
Many traders were already away from their computers done for the holiday. People get back on Tuesday and find that a reverse split occured let the selling begin...New Symbol GBTD and the MM's set up their bid .25 and ask .65 a couple sells go through at .25 and the ask comes down to .45 because there are no buyers some more sells go through and ask comes down again.. get the picture.
IMO the company pulled a fast one on it's investors They promised News and instead R/S when nobody was looking. If you have any other questions PM me I'll be glad to try and answer any questions you might have. Welcome to Allstocks

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Posts: 3897 | From: New York | Registered: Jan 2004 | IP: Logged |

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