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Ok.... Purl is not considered opposition... you have to be joking me. Your assumption that Purl is some type of opposition is not even worth an intelligent response.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
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Rebel Yell, do not think I am ignoring you.
Rebel adds value,
"Jim Dial has had a lot of chances to make this company more transparent but has failed to do so. This company may be the best thing since sliced bread, but I no longer have any confidence in the management."
I agree.
This Libya deal has potential to pan out very well. My estimate is Libya is about thirty years behind on oil extraction technology and Libya drilling rigs are certainly to be sandblasted and falling apart after so many years of trade sanctions.
Jim Dial, pfftt.. the man is a bozo.
GFCI has the manpower, equipment and connections to be a real winner, especially with Mid East companies which have fallen to disrepair because of sanctions or psuedo sanctions because none want to deal with the Islamic over there.
I hold an opinion if this other player, Lyamec, can muscle in then establish beneficial trading conditions with Khadafi, reliable trustworthy trading conditions, then the "new" GFCI should enjoy steady and profitable business.
Libya alone could support GFCI for a decade.
Be sure I am keeping an eye on events as they develop for GFCI. Lyamec seems to be telling the truth on all this evidenced by warnings.
quote:Originally posted by Purl Gurl: Libya alone could support GFCI for a decade.
i agree, i think the potential in libya has somewhat been missed - strikes me as a huge market. this is part of why i'm willing to hold a small portion of GFCI long, even with the pigpen-cloud of questions and problems always hovering around them. GFCI is of course "not my kind of stock", is pretty rare that i'll take a speculation in a stock like GFCI. generally i prefer boring/safe stocks. but - am curious enough to see how things might work out to stay in GFCI.
is too bad grifco took the pictures down from the link in a recent PR, of Dial sitting under the giant picture of Qaddafi (or however you choose to spell his name) when they were out in libya for the groundbreaking. quite a humorous "odd couple" - Jim Dial, and Mu'ammar. had to snicker.
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GFIC has moved into fractional cent trading, for a long period of time.
No run today!
Placing orders pre-market has both benefits and detriments.
These types of orders should only be used when you absolutely know which direction a stock will take upon market open. Prediction of such an absolute nature is very difficult and usually proves wrong.
A rare example of a safe prediction is found in my TCLL thread. Dusty and others made very good profits, I am down fifty bucks!
Clearly I am the scam artist many claim evidenced by others making money, at my urging, and my taking a silly loss!
Be very careful about pre-market orders. My opinion is pre-market orders should never be used. This is an activity for those with decades of experience.
GFCI well exhibits detriments. Many placed orders last night, this morning, before market. Those orders were gobbled up by market makers. Ten minutes or so into market, those people lost money on this, or made a profit if a seller who bought yesterday. A majority of pre-market buys this morning appear to be loss buys executed by market makers holding shares at low prices.
Front Running is a common and daily activity by market makers, although unlawful. Front Running is market makers either selling to or buying from customer orders which are not presented to the markets, until a transaction is complete. Market makers grab the profits, on their desks, before ever publishing those customer orders.
Use of pre-market orders afford market makers and brokers time to examine orders, then sit on those which afford profit. Market makers will execute your orders "in house" not on the open markets.
There are many articles available on the net about Front Running. Look for Knight (NITE) articles and how they were sanctioned by the SEC. Although they paid huge fines, those fines were less than the profits they made. All market makers engage in Front Running on a daily basis.
A good guideline is do not place pre-market orders.
Readers can see the value of good discussion here at Allstocks, as opposed to bashing and pumping.
My news source on GFCI came out late day. Others found this news early in the day. This half day time difference is critically important. This led me to a change of opinion; run yesterday defeats a run today.
Had others not alerted me to earlier news, I may have bought GFCI this morning and lost money.
Intelligent and sincere discussion of stocks is very important and is the strength of our Allstocks' discussion board. Here, we play it straight, we help each other and we are quite comfortable with both changing our opinion, as with being comfortable with being wrong.
We look out for each other and we work at sharing chances for all to profit.
You readers be careful. There are a lot of pump and dump scam artists here. This is just a part of daily business.
Pay attention and you will learn who can be trusted here, and who cannot.
figured GFCI would dip today, but - i'm surprised it dipped all the way back to .156. risky, but - just added, hoping for at least a mild afternoon bounce. we'll see.
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To much buzz about Divys, buybacks, mergers, screwy forawrd splits etc. in the Pinks and OTCBB'S...Soup of the day the way I see it..They always seem to turn out differantly than expected......But the Pumpers and front loaders seem to do OK in um.
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i figure: 70% chance any kind of buyout/deal falls through. despite that being not so hot odds, upside potential in % strikes me as being quite a bit more than the downside risk (ie: 100%). at this point, we're only two cents above GFCI's trading point before the PR ever came out at all. so all in all i can live with the odds and risk/reward curve from here for a small speculation, especially because the other 99% of my holdings are conservative and boring. but - who knows, i freely admit GFCI is a speculation rather than a true investment.
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don't do it then, resist: otherwise if it tanks you'll be ribbing me for years about it!!
my twin brother (wall-street guy) had my dad buy $15K of entremed years and years ago, now has a value of: $386 as of last week. every time our family gets together, we give him major crap about it, is quite amusing. all in good-natured fun of course. i like to pull out the calculator and calculate the % return on his helpful entremed "tip", last i checked it was -98.67% or some such, heh.
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quote:Originally posted by Dustoff101: To much buzz about Divys, buybacks, mergers, screwy forawrd splits etc. in the Pinks and OTCBB'S...Soup of the day the way I see it..They always seem to turn out differantly than expected......But the Pumpers and front loaders seem to do OK in um.
oh they are going on everywhere dustoff.. WSJ has been frequenting atleast one merger post a day, and its not like small unknown companies, its like big ones.. probably future atleast for next two-three eyars shall be big giant corporations taking monopoly over the markets.. and consolidating their clients.. only problem is.. corporations profits will increase and quality of services to general public would decline! on similar lines, stocksplits.net sends me atleast 3 alerts a day regarding splits.. especially forward splits..but i guess after this crash, that shall take backseat for a while!!
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations.
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Yep. Sharks are feeding.Big Bank Interest rates may dampen current trend for the run of the mill companys a bit..But preferred customers will take the largest part of the marbles.
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purl, with your permission, can I open another gfci thread? i want to put in some genuine DD in the thread rather than simple discussions! since i have read DD elsewhere in ihub, rb and hsm and find it exciting, i would want to share some with this message board too for members who are looking for some DD, but both your headline and your discussions are not too much to the point.
thanks!
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations.
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