GREY:FGBDF - Post by User
Post by
marvelmakeron Feb 23, 2017 5:23pm
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Post# 25885701
Here's hoping
Here's hopingI sure hope this retraces, even back to the $.30s - I got in around $.75. I am only holding because I think this will halt on big news possibly and so far volume has carried this higher. This has had quite the runup in a short time. I am sure they will post January revenue numbers and also quarterly soon. They can't help but have record revenues, they had none before. I am more worried about dilution than anything. I watched INT.V run from under $1 up to $3.20 in 3 days on hype back in 2011. I am long on this stock though I wonder about the CEO in his video at the Franfurt exchange interview advertised on their website talking about reaching out to institutional investors. Not clear to me how much money they need, and how much they will dilute this stock and give away cheap shares like the 10 million at $.50. If this stock is worth what they are touting they shouldn't be giving away the shares, they should adopt a shareholders rights plan but retailers are usually the last ones they think or care about. Technically this stock could retrace easily IMO, market makers are here and large. So I will buy on the dips and hold my position. Good luck to everyone! Rob