At we seeing a reversal here? At 11.60, it's close to 2011?This stock price is close to it's year end 2011 trading levels. I have not done any DD on it (nor do I like gambling, except on good companies). It seems Shareholders have been underwater for a long time on a slow, long, painful stock decline. Don't you hate those? I finally figured out it's easier to bay out and catch the bottom of a new curve, Any curve.
Questions is for you GH longs: With all recent events, would your existing shareholders be willing to average down and buy more stock? Why or why not?
I ask because it would take a whole lot of new buyers and less sellers to turn this little stock around, the tread down has been confirmed for a while even if you are a complete TA novice...
I'm a little scared of stock these days. the Ventures exchange is in a different planet FULL of scams. I'm sure the venture has ties to the Cocos Island or something. I'd say the odds aren't good on this one just because the business stinks (they do allow smoking in these places right? :-),
Somehow, the "You never win against the house" common saying is telling me to go elsewhere.. Probably better than a lot of stinky small and mid cap tech stocks these days. On some of these you can put "wifi" on anything and propel a10M garbage company with no revenes to 50M in a few months with just a few press releases, misleading pruoduct sheets and garbage "partnerships". GH looks like a much better play maybe?
So longs, why should I buy? This stock has come on my radar and I'm happy to diversify but the company has to be good, honest and have good, solid growth.... This can replace my chemical co holding or my really smelly sleeping patent troll holding. Have a few more junk stock to get rid of and I'll have some coins I need to park.
Please put details that are verifiable. Opinions on these boards are worthless unless they can be checked out. Sorry. Too much BS.