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Bullboard - Stock Discussion Forum GRAND POWER LOGISTICS GROUP INC. V.GPW

"Grand Power Logistics Group Inc through its subsidiary provides air-freight forwarding and sea-freight services, customs brokerage, logistics, warehousing and distribution, as well as other value added services."

TSXV:GPW - Post Discussion

GRAND POWER LOGISTICS GROUP INC. > Look Like the Race
View:
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 XTCXTC on Nov 19, 2014 6:12pm
Yes, it does matter.  It's call value and share prices can fluctuate in any direction, but it doesn't always reflect value especially with penny stocks.  The value and price can be displaced more easily than say a blue chip.  Shares are still very undervalued and unless some catalyst helps boosts up the shares it looks like right now is a good opportunity to buy in.   ...more  
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 XTCXTC on Nov 19, 2014 11:51pm
It can go either way, but no, I don't think it's going down and you don't know that for sure.  Even if it was I doubt you'd be here wasting your time "warning" people it's going down, like who does that besides people with some hidden agenda.  If you think the trend is down why are you here? Are you shorting it? Are you trying to manipulate people into ...more  
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 20, 2014 11:30am
Unfortunately at the present it is the sellers creating the market value and on level II the next largest support volume is at 0.025 and so I stated that that is where it is heading. You said it yourself.... No it's not what it's worth but that is where we are and where we are heading. Full disclosure I'm in at 0.09 so you can say all you want about me wanting cheaper shares.....fact ...more  
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.
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