Gatekeeper Systems Inc V.GSI

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[ol_griz]

Great news.  I bet he'd love to have had this one ready to go before the LD conference.  Certainly packs a bigger punch than a SEPTA add-on.

[Tropicalsun]

So far the market is not reacting very favorably to this news. It is a smaller intial first contract in the range of $650,000 Canuck bucks. However the release does indicate future opportunities, so as Doug would say read between the lines.

[Ciao]

The transist system for Oregon state is the potential, with today's announcement they have 1/4 of the bus lines in Oregon, they can move into light rail, streetcars, etc. once word gets out "Does Oregon have a bus system? Bus Service With 75 lines, including one FX line, buses serve much of the Portland metro area. Many bus lines connect with MAX Light Rail, WES Commuter Rail

[ronron]

Low volume and understandable as everyone is probably sitting on their hands and holding their breath for earnings this week. At least that's how I feel right now, it does instill A LOT of confidence for to keep holding for the long run. I know it's been really itchy and tempting to take profit for a lot of us here when we've been backing up the truck at 35 cents lol

[1bananaman]

      Interesting to note Velocity's got over 3.5 million shares at an average SP of 71 cents, about 4% of GSI at this point. They are not in at 35-40 cents like a lot of us. They have an agenda for sure. Unknown ? GLTA LONGS!

[RogersBulll]

Velocity is a market maker, not an insitutional buyer. Therefore, yes they have purchased 3.5 million shares, but they also sell a lot through anon. They are simply here to provide liquidity for buying and selling.  I wouldn't read into their house positions too much, but rather how well they support the stock on slow days and with big buys/sells. GLTA

[Tropicalsun]

Bang on the money statement.

[Ciao]

That's their main function and to do so they usually have a large inventory of shares. It's easier to offer liquidity to buy shares with $, so on the flip side you need to have shares to sell to buyers. The are also trading for their own account so it wouldn't surprise me if they hold a net position for themselves and possibly for clients.