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about 4.5b o/s and I have no idea what the float is! I would say that the o/s was used to get manufactering up and running and a product line ready for market. Now they have that product line and its said to be some of the best guitars ever produced! I would expect a major PR campain coming into this Christmas season! This is just the beginning of what you will see here!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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I'm reading it too Ric and I'm salivating at the prospect of how much this can go up with such a low float. BTW Johnwayne its at .0009. Try again to get filled if you like.
-------------------- Best Regards and Good Trading Posts: 239 | From: Florida City, FL | Registered: Jul 2006
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The best move this company could make on top of a buyback, is to retire a huge chunk of that restricted stock and bring down the A/S. I bet thats the next step in correcting the share value!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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Both ARCA and ETRD sitting on top of the bid with double the normal size bid blocks tells me they want these shares!
Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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Ed Miers owns 3 Billion of that 4,787,821,621 of which all are Restricted. Another 300 million is tied into the building loan that GREM ownes. Another 197,000,000 is privately held by a husband and wife in Florida per the filings.
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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That volume at the close was a major JOKE! 100% MM manipulation designed to make something look weak! This friggen market is so bogus its funny sometimes!
-------------------- Nothing moves a sub like news!!! Posts: 3346 | From: Leominster,MA,US | Registered: Jul 2003
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GRMU agree rick MMs being manipulating all day. Im sure they are short so this stock is going higher imo. Hold on strong guys this could be a multiple day runner.
Posts: 50 | Registered: Mar 2006
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Once again based on the trading pattern today and the days volume, the MMs definite appear to be short on GRMU. We have a low float and thats making them cringe in their pants. They can't hold this down for too long especially with the attention this stock is getting right now.
-------------------- Best Regards and Good Trading Posts: 239 | From: Florida City, FL | Registered: Jul 2006
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Don't know if you guys saw this but according to Pinksheets Short Interest list. Grem USA has approximately 1,165,052 shares shorted as of July 2006. Short sellers had one day to cover so I'm assuming they've already covered.
The buyback has already started and as we saw yesterday the MMs accumulated shares bigtime.
Average daily volume is 21.5 million shares but yesterdays volume spiked at 366.4 million shares. Thats 1700% increase. WOW!!!
Look for this to explode this week. I wouldn't be surprised to this in the .005 ranges by Friday. IMO
-------------------- Now We Movin On Up!! Posts: 211 | From: Los Angelos | Registered: Oct 2004
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The MMs will definitely let this go. .0008 and 9's will be gone soon so get in low while you can. With share buybacks a guarantee the MMs will let this run like crazy now that they bought a ton of cheap shares.
Hey RicPic do you have any new info on this?? Just curious
-------------------- Best Regards and Good Trading Posts: 239 | From: Florida City, FL | Registered: Jul 2006
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Its gonna be one hell of a ride when this takes off. This came to a lot of peoples attention today. They even were talking about it on *** radio and some folks were pumping it over at IHUB. First PAIV, then FHAL, then PAIM and now GRMU. This has all the signs for a huge breakout upwards tomorrow and beyond.
-------------------- Now We Movin On Up!! Posts: 211 | From: Los Angelos | Registered: Oct 2004
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Yesterday I put in an order for 3 million shares at .0008 but it never got filled and the MMs were stacked on the Bid at .0008. If I remember the Level2 showed about 9 of them holding strong at closing. I got it set for Good Til Cancelled so Hopefully the MMs will stop being greedy and give me some shares. I think I deserve that. LOL
-------------------- Rule 1: Always Protect Your Capital Rule 2: Earn slow, Don't lose fast Posts: 457 | From: Miami, Florida | Registered: May 2006
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Well my order was finally filled yesterday at .0009 and I'm holding on tight for the ride when the MMs decide to put pedal to the metal. I thought I remember reading somewhere else that Shakerzz might be pushing this stock tomorrow too. Might be wrong but maybe someone could back me up on this.
-------------------- Now We Movin On Up!! Posts: 211 | From: Los Angelos | Registered: Oct 2004
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