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Posted On: 12/14/2021 10:48:14 AM
Post# of 36519
While I tend to agree with you about the share price, "09 should never have happened", I also can easily see why we touched 7's. Many of us probably have had other stocks that appeared to be solid much the same as GNBT but somehow the "OTC curse" hit and those stocks failed badly. Is GNBT there? Who knows but things certainly aren't looking good. Hey, it's the OTC and we have had our company under investigation for approximately the past two years & counting. Also, that investigation appears to have escalated since the company has gone dead silent for the past months apparently as ordered to do. That escalation has me concerned as many should be. There are other things that have me concerned but I won't get into right now. Regardless, as a result, the company hasn't/refuses to release one bit of information, not even the yearly reports! So, not looking good for the time period. Many probably have sold to recoup a small portion of their investment. Quite honestly, I'm surprised we haven't slipped below 5's yet. Day traders are doing their thing and therefore keeping the share price up. I suppose that's good if one is only concerned with the share price. But, make no mistake, it's just an illusion of where things really are. Anyways, GLTA!
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