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Gulf Resources, Inc. Message Board

  • iamjerilee iamjerilee Apr 4, 2011 10:26 AM Flag

    Are you kidding me?

    I will never be able to retire after this loss!!!! This is devastating!

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    • that's an incomplete sentence, and you keep saying you spoke to Crocker.

      Why dont you ask Linda how you buy a US stock with RMB.

      This conversation is over. You are daft and irritating.

    • Please tell me what I need to revisit. GFRE is in the process of pursuing various ways of domesticating US dollars to effect the buy back.

      Rather than being cryptic, why don't you cut and paste what these other people are saying, which betrays what I've said again and again.

      And it also looks like someone is back to suggesting that the HAP shares were 13 cents. I guess they missed the footnote, as well as the background of how they obtained the shares.

    • Insider & restricted shareholder transactions reported over the last two years
      Date Shares Stock Transaction
      29-Mar-11 403,851 GFRE Sale at $6.23 per share.
      (Proceeds of $2,515,991)
      22-Mar-11 412,316 GFRE Sale at $8.04 per share.
      (Proceeds of $3,315,020)
      16-Mar-11 149,589 FSIN Purchase at $9.31 per share.
      (Cost of $1,392,673)
      24-Jan-11 550,000 GFRE Acquisition (Non Open Market) at $0.13 per share.
      (Value of $71,500)
      21-Jan-11 5,753,000 GFRE Acquisition (Non Open Market) at $0.13 per share.
      (Value of $747,890)
      18-Jan-11 1,856,047 FSIN Sale
      19-Feb-10 4,196,700 FEED Option Exercise at $4.58 per share.
      (Cost of $19,220,886)

      This is why the stock is worthless. no one knows whats real or fake.

    • just a note to everyone, when the clue school child thinks that a hedge fund assumed a loan collateralized by stock worth $9+, but somehow managed to get the stock for the price of an option, said school child should be disregarded. Even the form 4 now says that's not the price, and it's to be corrected. As I recall, HAP bought shares on the open market for $9-$9.50, around 500k of them.

    • just a heads up for eveyone. when the smart money, having 5m shares at $0.13 are selling like crazy, there must be a reason. they know something you dont and you dont want to stand it their way. hold for now

    • we should kick Barren's ugly old butt for saying to buy into fear , ive been doing that and none of my buys is even flat! even the one i bought in 5s.

      • 1 Reply to pennystockmailbox
      • This stock probably won't turn around until the HAP issue is resolved.

        Were HAP not in the picture - I'd say the fear is near the point where a capitulation is at hand - and a tremendous buying opportunity.

        Until the HAP process at least starts in the courts (2 weeks from now?) I think it will hover near yearly lows...

        BUT - for those brave enough to not lose their heads (and their shirts) - I think this is a great buying opportunity if pps stabilizes and finds a floor..

        We should soon see if $5.50 is the floor.

    • Jeri, I feel your pain. But we've been here together before. It will come back. This is a process and the cream will rise reasonably soon, so I think. Sentiment couldn't be any worse, and that's usually a good metric.

    • Retire ? you must be hell of rich , I was thinking more of being homeless after this losss let alone retire.

1.16+0.01(+0.87%)Nov 20 4:00 PMEST

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