Gatekeeper Systems Inc V.GSI

Retrospective

[fergus2]

When GSI hit .87 earlier this year it marked the starting point, -where the share price began to slip. At first slowly, but after a while it began to accelerate. Throughout that period there was an absence of news that made you feel, as an investor, that you had been absolutely abandoned by management and that something was seriously wrong with GSI. The share price was .61 when the Q3 results were announced and the stock promptly dropped a dime that day, down to .51. That last drop sort of felt like, - “here’s one for the road.”
I simply couldn’t believe that it could drop that extra 10 cents after the precipitous decline that had occurred. What did I do? I bought another 10,000 at .51 When it was at .475 a day or 2 later, I bought another 10,000, but only because the stem to stern decline from .87 to .47 seemed largely unwarranted. But since that time GSI never really bounced back. It was, as if, the share price had had its back broken.

This is a company, that for propriety reasons, likes to play its cards close to the vest. It doesn’t want the competition to know what it’s doing, but naturally it follows, that we investors don’t know either. It’s sort of a contract of blind faith.
But even so, Dyment had to release this Q4 sketch of operations early because the share price was way too low, and yes, if you read CAIO’s recent post, there are lots of opportunists that could scoop up this company for a song, because it’s so ridiculously underpriced at the .50 level. So Dyment had to go for a share price recalibration right quick.

You’ve got to see what happened here yesterday in that context. There will be more news within the month to flesh out what’s behind the numbers even though Dyment may be reluctant to do so, but this low share price he’s got to fix PDQ!
That’s the way I read it.
GLTA longs.
   

[TheProphetElijah]

What was the bottom line net profit? I don't see it on Sedar, and no mention in the PR.