Global Education Communities Corp T.GEC

Buzz on the Bullboards: TSX hits new high amid holiday optimism and sector disparities

[Jonathon Brown]

This past week, the TSX reached a new intraday high, reflecting a buoyant market sentiment as investors gear up for the holiday season. read article.

[lamton]

Your link to that article was dated Jan 2023. I'm not sure you're aware of the lawsuit?

[uudamann]

stop dreaming.... Atmosphere is going nowhere except a brass knuckle liquidation GEC will be out 94 million. Did Gec borrow the 94 million? It certainly never had the retained earnings anywhere

[lamton]

Agreed, I'm not defending the management, but Atmosphere project did set them back. I'm waiting for that lawsuit to settle then maybe a couple more quarters to see how things are shaping up

[Staghorn69]

Guess they can use that to explain sitting on their hands for years and accomplishing absolutely nothing for shareholders....  good reason... what about the rest of the business, assets and so on

[lamton]

I suppose waiting for the Atmosphere verdict has something to do with that.

[Staghorn69]

The answer to that is NOTHING.  Management team extraordinare has gone silent the last year plus, and now the stock is 25 cents.  Terrible job managing these assets. Completely terrible

[Dibah420]

https://renx.ca/forum-has-become-the-biggest-player-in-canadian-student-housing

[lamton]

Covered after one month, profit zero. That's my point. 

[Staghorn69]

Great three year chart here management team!!  Give yourselves a pat on the back.  Holy smokes, Vancouver real estate and That is what you come up with???  Wizards, all of you.

[salzburg1]

That short is looking good, as of now.

[lamton]

How much money was expected to gain shorting a 30 cents stock?

[PressRelease]

VANCOUVER, BC / ACCESSWIRE / September 27, 2024 / Global Education Communities Corp ("GECC" or the "Company") (TSX:GEC)(OTCQX International:GECSF) is pleased to report that it has today closed the second and final tranche of the non-brokered private placement of convertible debentures announced...read article.

[uudamann]

There should have been a forsensic audit on the finanacials a long time ago. The declared net rental income does not make sense. Never did. A bit late now. Who, or what, is riding shotgun on this

[Staghorn69]

Wow rocketing at the end of the day up 2 cents on that big 38 share trade!!!!  Where's the buyback???  Why bother announcing that management!???  I have some theories....  as

[bluebird123]

'The proof is in the pudding"