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Well I have been holding GWDL since 0.0018 for the sole reason of there current events. You can read them at Yahoo: http://finance.yahoo.com/q?s=GWDL.OB
According to their last 10QSB they have negative cash flow.
The current price is support by 5 & 10 DMA & the OBV breakout. It too soon to say whether it has a resistance breakout in the OBV (Starting today). The pps is slowly crawling towards 200 DMA which is a good sign also.
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This is a wanna-be MLM company with virtually no distributor base. I wouldn't play this stock for more than a few days at a time, on TA only. The CEO is a liar, and will do a RS at the drop of a dime, even after promising shareholders he won't. He's done it. This is DEFINITELY NOT a HOLD.
If I were you I would take my $2900 or by now probably $2500 and run...It may spike up for an hour and then it goes down faster than it goes up....Take the money and if you like pinks put it in CTKH... LBTT...GMED...if not pinks...PGHI...AGRD Just my opinion..
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Thanks for the heads up everybody .... I'm gonna reconsider my position. I am in pretty heavily on CTKH and BLYC, what do you guys think about those? I'm fairly new to the board and to the OTC stocks but I'm a young guy who's been day trading awhile and I've made some pretty good moves with ICGE and ISO (I had 10,000 shares of each @ .31 and 24 respectively) selling well and returning nice gains ... but I'd love any info on where to get thorough and reliable charts for the OTC stocks. I use Ameritrade and many of the stocks do not give charts, and I know this is incredibly detrimental. Any recommendations?
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gmoney, I use Ameritrade as well and like their charting tool as a second check. I have always been able to pull an .ob or .pk with it. As for CTKH and BLYC I have heard rumor of news out next week on CTKH but pinks are a hard read (check out the 8+ page CTKH thread for all the dd). CTKH in particular goes up and down a lot during the week. Seems you can make some quick cash but I wouldn't hold it for long. BLYC, who knows, I have shares in both and will hold on BLYC because the online barter industry is in the infant stages. Sucks because for the past few weeks I've watched my BLYC value drop and drop and drop. The only way to be sure is to do good dd and trust your picks.