Well another drop on heavy volume. This time the bid below 50 cents. Any news for the big drop this AM? GTHP has broken down badly. Below 50 days moving average. Down over 10 percent on heavy volume this week. I know we are only suppose to talk about how great GTHP is. Great management, great product, right? So what is up?
50 cents is holding so far..... What a puzzling week. This is exactly the opposite of what I was hoping. I fully understand that most in this board do not care about 1-2 pennies..... However, the stock had an awful week on heavy volume and most of the time there is a reason for the stock to decline this way.
Ed, I have tried to make a point of not indulging you any more, but I really must respond. All of your expectations are based upon what someone other than the new CEO has told you.
How's this for logic?\
All of your expectations are based upon what isn't even arguably a poorly drafted business plan. Not made by Cartwright, but by Faulpel.
For you to sit there and grimace about why what we've all conceded have been unrealistic or unattainable projections, is a little like an abused wife thinking that if she stays with her abuser just this once more, than he will change. In other words and I have said this repeatedly, do not judge GTHP based upon anything other than what you hear from Cartwright.
Since you are a trader, I have come to the conclusion that you don't know the significance of getting a leader who has done it before and who doesn't need to do this particular gig?
Nothing whatsoever has stopped this company from getting what they want which is a face to face with the FDA and quite frankly, that could happen in the blink of an eye. For the time being, the international market is the place to be right now for immediate sales.....
Not really ed, just weak hands who have no patience to wait for news and are probably moving to more momentum type of stocks. Going lower makes the reward even greater so hang on for what you believe in or make a different decision but GLTU for I am holding even if it drops below the range of .50 to .59. I will buy more if I can lower than that.