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Bid and the Ask on the rise...some people who bought in at .002 are gonna be making some pretty nice profits off this one when it takes off.
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I sold most at the open the today. I am expecting the price to drop over the next few weeks assuming-Key word assuming they increased the shares to sell them. Possibly for acquisitions, probably legit. But that is an awful lot of shares in a short while. It is hard for any company to get a handle on that kind of growth. Last time it tanked over time to .0006 (bid?)as the dilutive shares were sold into the market and then the spike. I kept 1000 shares just to have it on my screen so when it finally gets down to .0009 or less I will be buying. I don't want to sound like a basher. I don't know enough about this company to bash it. I am just going on my limited experience and having rode PAVP all the way down (and a few others) I am going with my gut. DD-IMO GLTA-Debi
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I originally bought at .0015, sold at .0019. for 26%. Got p*ssed when it went to .005, got back in at .0025, sell order in at .004 after Mr Schwab pulled his 4 billion shares stunt. I hope it sees .004 before it see the teens.
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Did they issue more shares? I thought I read authorized not outstanding. If the have more O/S shares it will dilute the stock and put downward presure on the price.
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I will unload at .01 (today I may lower my limit to .008) but I will buy back.
I think many are going to do the same. If I had some extra cash (not tied up in Qbid) I would buy some more GFYF at its low. This may not go as high as I once thought but it is still fun to swing.
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Glad to see you all feeling better right now. And do not tell me you were not worried. I have done this for a while and I was worried. Still am. This thing could hit .007 today or .001. The least little PR could get this thing really moving either up or down. Hopefully UP UP and away. I feel most people who invest read the 8K like I did. It was old news and did not have anything to do with the here and now. The 8B shares is of no real concern at these prices. Later down the road they might but not now. The main thing that I was worried about was how people would take the news. Is the glass half full or half empty. I guess they thing so far today half full. .003 seems to be a problem. Get thru that and we could climb very nicely. Talk to you all later Back to the L-11 and streamer.
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I agree with both of you, Bart & Gregg. However, it was a bonehead move authorizing an additional 4 billion shares in the middle of the run. It is probably of little consequence in the short term, which is what I am interested in, but it sure did put a halt to things. I'll be gone at .004, and look to get back in on a pullback.
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Don't get excited, Cry. Someone just missed a 0 after the decimal. Either a mistake when they put the order in, or a reporting typo. You see them several times a day on different stocks.
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To heck with those other stocks. What is GFYF going to do tomorrow. Lets see as a group we thought wed would be big up. We missed it. Thurday big down. We missed it. We are now 0 fo 2. 3rd Time charm. BIG UP ON FRIDAY. yes. Signed 007, Bond, James Bond.
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Bart thanks for your moral guidance... my experiences have told me not to have faith in the comradery of fellow share holders when skeptisism reaks in the air.... but it seems like it held out for today...
Heavy buying between .002 and .003??? I'll bet it was the MM's stocking up from any shorts they had.