Post by
lakeside03 on Nov 13, 2014 8:17pm
Look Like the Race
....to zero. Just another pump and dump I guess.....should have known.
Comment by
Stockinvestor49 on Nov 14, 2014 12:34pm
This company has close to 4 cents a share in cash. I don't think it will go below that.
Comment by
lakeside03 on Nov 18, 2014 10:35am
So the pump and dump took it up to 0.10 cents.....a 100% premium as to what the stock was and is worth.
Comment by
moneymaker75 on Nov 18, 2014 11:29am
Ummm, no. Companies are valued at more than just their cash balances. GPW is 10x below where it should be.
Comment by
lakeside03 on Nov 19, 2014 10:17am
Doesn't really matter where it "should" be ....as the SP continues to fall. Currently 0.04 and it looks like it will settle out at 0.025 ....and there it will sit.
Comment by
lakeside03 on Nov 19, 2014 7:39pm
But if the market feels it is valued at 0.025....then it is the market that will take it there and it will not be until all the old buyers are gone and new ones step in at that level that things will change. The trend is down and that is where it is headed.....down. So I`ll repeat, it doesn`t matter where it is valued at at this point.
Comment by
moneymaker75 on Nov 20, 2014 10:32am
These issues would be solved with a simple stock buy back program. Come on GPW you have the cash. Either tell us your plans with it or use it to buy back shares! The company could easily buy up $10M shares up to 10 cents and use only $1M of their cash to do it.
Comment by
lakeside03 on Nov 20, 2014 11:33am
And there in lies another problem when it comes to shareholders....we don't like to be kept in the dark....again it's a confidence losser and the end result is simple....shareholders end up selling. This company has very poor PR and NR skills....and shareholders don't stand for that.
Comment by
lakeside03 on Nov 19, 2014 8:53pm
Also it wasn`t me that took it from 0.011 to 0.04.....now was it? It was the market.