Bobble,
I personally would not advise anyone to make a investment in this company now. I own 20,000 shares average price $0.58 and have been watching this stock for 12 months now. It seems it is always a good investment, it was at $1.00 a year ago, It was at $0.17 several weeks ago, and I guess you may think of it as a good investment at .05 now. No way man, something alot more to this stock then one can shake a stick at. "This good investment is killing me". I am waiting to it gets to a penny before I buy any more shares.
It seems to me that either the MM or some large investor must have gotten burned with this stock. Everytime the stock goes up a penny by the end of the day "bang" someone sells the gain. The concept is great, the product looks good! But man I am not getting caught for anymore money in this stock and someones personal scam.
I think! and am guessing that the corporation must know all the details, since the company is a Small Cap. The only way I see this stock going anywhere is if GLOW and whoever is holding a tons of shares can come to some agreement instead of enfighting. That is going to take money, thus I doubt it will happen. I suggested via email to GLOW that they bankrupt-up this corporation. Unload this excess baggage and start a new company.
From what I see and from my prespective, I would say the problem GLOW and whoever is dumping loads of shares of this stock, is unreconcilable. You would think the long investor would want to see his shares of stock appreciate. This does not seem to be the case. What we are seeing here is a personal issue between GLOW management and some large investor, who truly wants some type of persoanl revenge rather then make a profit. This person does not care what it costs him, thats scary when money means nothing to ya.
Until, all this BS is stopped or the SEC can step in and figure this BS out. I would not touch this stock with a ten foot pole. I am very interested in why the stock declined so quickly, last July.
Stocks at the same stage of development are trading so much higher. Like GLCCF and fully developed company like MGAM. If this stock was normal it should easily be at $3.00 to $4.00 per share at this stage.
I also advised GLOW that they need to get financial investors in the tune of about 7 million in order to buy all the shares. I think this RED OAK INVESTMENT Co. must see and know, whatever large stockholder or MM is pulling all the shit and they are not willing to settle or buy past this problem, like paying somewhat of a premium for future growth. If they, the big investors are not interested why should we be. For all I know the people selling could be former shareholders of
Interactive who stock was at 0 per share when GLOW took them over.
I quess if I was a stockholder in a zero per share company, anything
over a penny per share looks like a selling opportunity.
K.J.Devine
cc: Michael@Globalames.com |
