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Bullboard - Stock Discussion Forum Gatekeeper Systems Inc V.GSI

Alternate Symbol(s):  GKPRF

Gatekeeper Systems Inc. is a Canada-based provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. It uses artificial intelligence, video analytics, and mobile data collectors to inter-connect public transportation assets within a smart city ecosystem. Its... see more

TSXV:GSI - Post Discussion

Gatekeeper Systems Inc > What’s with this low 30’s trading range?
View:
Post by kidl2 on Aug 30, 2023 1:40pm

What’s with this low 30’s trading range?

A stock (especially a micro cap) being held down tends to be a precursor of a financing.

According to DD’s consistent message and the financials to support this, a financing is not needed unless a MAJOR contract is secured. Looking at the financials “major” would have to be well above the $10 Million mark to exceed GSI’s current internal financing abilities.

Unless such a contract very close to reality, this low trading range makes no sense to me as traders can't make any money.

Thoughts anyone?
Comment by Aarman4 on Sep 01, 2023 3:37pm
I think you are reading too much into daily stock price fuctuations, or lack thereof. If a stock price is being held down due to a future financing, than one has to also say that there is a wide-ranging knowledge of said financing, and that the holder(s) of a massive group of shares has knowledge of this, and is acting accordingly to suppress share prices, which, in fact, is illegal. I am not ...more  
Comment by ramman1 on Sep 01, 2023 6:57pm
Yes Aarman4 , you do hold this as I do , and let things play out ,as (it is looking good) going forward.  And Yes:  Dyment did mention the ''end game '' of 1 bil  market cap almost 3 years ago .  . However, his  10 year plan is a bit of a stretch. Lots happen in 1 year , let alone 10 years. --Kind of makes this plan a little far fetched, and fictional ...more  
Comment by kidl2 on Sep 05, 2023 5:37pm
Aarman4: Thanks for your thoughts most of which I agree with aside from your take on share price suppression. With a thinly traded stock like GSI it actually takes very little to suppress / hold the SP in a certain range. Today’s EOD trading is just another typical example. Someone hiding behind Anon is keeping the closing price down and the average recent closing price is normally used to price a ...more  
Comment by Aarman4 on Sep 06, 2023 3:44pm
I guess I have a different way of looking at it....   If there is sufficient liquid demand for the stock of Gatekeeper, than why is the share price able to drop like that? Share price is nothing more than supply and demand auction. Right now, the demand and supply are balancing out in the low .3 CDN range.....It really means nothing, because somebody will come and buy if that price is ...more  
Comment by kidl2 on Sep 06, 2023 5:36pm
EOD trading ... And Anon does it again. Recent Trades - Last 10 of 51 More trades... Time ET Ex Price Change Volume Buyer Seller Markers 15:59:50 V 0.33 -0.005 500 88 Credential 1 Anonymous K 15:59:34 V  ...more  
Comment by ramman1 on Sep 07, 2023 3:16pm
Companies market cap now figuring in no growth at all, yet we are told by CEO that Q4 was ''busy and robust'',and that Q1/24 is ''firming up '' quite nice. ----  Still amazes me that at least 1 micro fund manager somewhere across N/A ,has not broken  from  the herd  that is waiting for a second large transit  contract , and takes an early 2 ...more  
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