RE:RE:RE:RE:RE:RE:Bids are strongSmokey1958 wrote: "In the past" is a rather vague timeline but your point is taken.
Sure there were millions of shares held by individuals who wanted a deal and appeared to be flipping between $.01 and $.02. But instead and considering the actual timeframe starting at February 26th which includes this current run up, over 15 million shares have traded hands ....and still the Bids at $.035 completely shadow the Asks. Could it fall, absolutely, but at this stage the crystal ball suggests a shift down is technically no more likely than it stabilizing around this point.
DM had a busy December, a January with new and a recurring contracts. Much to the surprise of a few here they completed a PP in February and have now recently shed some shares for capital and it's not yet the middle of March. The sky is not yet falling and Chicken Little is instead enjoying this hint of Spring.
GLTY ...and GLTE holding patiently!!!
It definately looks like shareholders are thinking twice about selling thier shares. Nobody wants to sell after all this pain only to see SP rising again to ? I have certainly gone through this with a few stocks over the years and it sucks. As I have said before, I am cautiously optimistic and in fact buying again. Cautiously buying.
I'm willing to wait, new CEO Park has his hands full steering this ship
into profitability. And I think he just might do it.
I have seen companies in far worse shape turn things around.
All comes to those who wait, frustrating as that may be.