I have a good low float comparison story and I've
Post# of 2198
I was in GTGP around 4 years ago. I was all over lie hole on the board when there was talk of a 500 million Government contract that the company bid on. I was in it with choifunds, narnia and I think Pistole Pete from here was in it too? I know I was in a few with him. The float was low. Lower then Bemix, I think around 90 million, maybe pushing 100 and it was tight. The board was jumping and GTGP was in the buzz cloud daily, sort of like BMXC is over there. 390 plus posts and rocking.
That's where the similarity ends as this story isn't fully written yet, but the dichotomy is vast with the rest of the tale. GTGP shot past $1.20 and I banked at around .84cents (from .05cents); nice score. The daily swings and surges were chaotic because the float was so low and locked up.
I'm hearing the float here is on the low side as well. That's a good thing. Unlike GTGP, there is no debt, there is full transparency, there is a real product, and from everything I've been reading there is a solid CEO.
History generally tends to repeat itself in the OTC. Low float. No debt. No toxicity. Amazon coming. Desire to uplist. Sounds like a good place to be to see just how high BMXC can go.