Interesting (and factual) information FWIW for Gig
Post# of 88914
On 9/25/17 PPS of GIGL was .019 and ADL was 1.3M
On 1/04/18 PPS of GIGL was .021 and ADL was 17.2M
*** That tells me that 15.9M shares have been accumulated in just over 3 months time. Not a single Form 4 came out, so we know it's not Mgt. accumulating.
Now couple this with a clear falling wedge pattern over the past 10 weeks (70% of the time is a Bullish sign) and one has to like the chances of PPS breaking to the upside soon. Read up on this and look at the charts
Add to that JP's rally killing PR which brought price down from 4's several weeks ago and this week's stupid Bitcoin/BitPay PR and it is rather interesting to ask WHY would the CEO do this ? If you look at the ADL from the recent high (last few months) of .0423 to today, there has only been a decrease of 675k shares as PPS was cut in half. OK, I guess GLTA
- I wonder who has been systematically locking the float up tight, despite these ridiculous and ill-timed PRs ?? Any tax loss selling is done folks. Could get interesting here as the biggest complaint from dozens of YELP reviews was how crowded it was.
Pure speculation, but I wonder what the share price would do if JP steps down as CEO, Q4 financials come out better than expected, and a new CEO shares some exciting ideas/comes out with a FORM 4 (purchase)/announces expansion. HMMMMMMM
Reality or Dreaming or maybe a bit of both