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Give it 3 weeks, and I am 80% confident there will be another run so the MMs get to do the short selling.
My qualification to make the above statement: I have correctly predicted the bouncings of 5 major gainers in the past 3 weeks: BANY: up 148% SYCI: up 420%; USXP: up 50%; GLIF: up 92%; GMTH: up 59%; All based on the MMs' accumulation and level 2 data. Now with Will's vomlume report. Do your DD -- each trade is a gamble.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
This week is for year-end tax sales -- it's not a good time to make a run. Remember that the MMs got a lot of inventory to clear, they are under great pressure to make a run. So give them a few days after the new year. You can call GLIF about the pr if that will make you more confortable.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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I think we are now moving towards finding out the chances of this company succeeding. Another few weeks and we will see how much money was generated from sales of malaria and dengue fever test strips and if this enough to carry the company through reguaatory approval of the cervical cancer tests. I cant see how this stock will remain stationary, it seems to me it will either fold if the money is not there or move up quickly as they tick the boxes and release subsequent PRs for their product. Nice 16% increase on reasonable volume in the last 45 minutes today. Is there information on the horizon...?
-------------------- If it walks, talks and look a like a duck, it is probably nothing like a duck at all. Posts: 41 | From: Houston | Registered: Nov 2005
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There definately is information on the horizon as GLIF are exhibiting at the WeathExpo forum Jan 12 - 14 in Houston, Texas, which is co-incidentally not even 5 minutes from my office...! I am registered and will attend on Thursday and give you guys feedback Thursday evening. I wanted info and now I get a three day audience with the company. Take em out for beers and get the scoop
-------------------- If it walks, talks and look a like a duck, it is probably nothing like a duck at all. Posts: 41 | From: Houston | Registered: Nov 2005
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Seems like there is push by Grant life sciences to raise awareness of their potential to investors.....5 days later company reps travel from Houston to New York to present Again....
December 27, 2005 - We are proud to announce Grant Life Sciences (OTCBB:GLIF) will be presenting at the Arch January 19, 2006 Conference
Love em or hate them, they are obviously trying to raise their profile, they are either short of cash or have something to shout about.....
-------------------- If it walks, talks and look a like a duck, it is probably nothing like a duck at all. Posts: 41 | From: Houston | Registered: Nov 2005
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My guess is the activity in the last two days is investors making sure they are invested prior to the company presenting this info tomorrow. Of course co-incidentally the presentation finishes exactly as the market opens at 9:30am....
I went to the exhibition that GLIF were due to present at in Houston on Jan 12th and GLIF were not there nor had the exhibtion organizers ever heard of them.
One thing is for sure, if GLIF pull out of the presentation tomorrow morning, I am getting out of the stock as that would be very suspicious to me after last week.
-------------------- If it walks, talks and look a like a duck, it is probably nothing like a duck at all. Posts: 41 | From: Houston | Registered: Nov 2005
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Did anyone see the webcast? Interesting stuff. I am surprised no-one is talking about it here. The company have moved to california and are hiring people to execute their 06 plan. They have a bunch of PR planned with regulatory submissions in China, India, Mexico and Canada and have 8 patents pending, due to be approved in the next 6 months. Their CEO says earnings will be $500K next year and $10 Million in 24 months. First PR is due out Monday with news on a newly hired director of marketing.
I think this has seen the bottom a few weeks ago and will steadily increase as this company moves forward. I own 600,000 shares so I hope so!
-------------------- If it walks, talks and look a like a duck, it is probably nothing like a duck at all. Posts: 41 | From: Houston | Registered: Nov 2005
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