If there is "nothing to tout" then what have you invested in? This is game over. They have no clue how to sell the services they are offering, no clue how to promote themselves. They will have to refinance soon and whoever is left holding shares will be decimated. They can't even be bothered to keep the website updated anymore - "upcoming events " lists three dates that have already passed. What a joke. I emailed my broker today to see what it costs to short this turd.
Snort - isn't that why we, as owners of this company, employ a ceo to put the people in place to accomplish these things? Why do you insist that it should be the individual shareholders responsibility to do what we are paying someone to do? Its so strange how eager you are to make excuses for incompetence. Really is telling about who you are as a person imo.
You were so confident that you dumped at 1.95, eh allsteel? There is always something "right around the corner" with this turd. Gasfrac is the future of fracking and always will be.
That's it for me. Seen this movie too many times by now and I'm not going to ride this turd back down to the 1.20s again. Will take my hefty tax loss this year rather than wait for the inevitable bankruptcy. With different management I'm convinced there could be have been a different outcome, but hill seems way too timid to get the job done. He's a caretaker ceo when this company needs someone bold. If you have a disruptive technology, chances are you will have to do some disrupting at some point. Two years without a signed contract. Unfkking-believable.
Sentiment: Strong Sell
The problem is that this guy doesn't seem to learn. He has once again raised expectations and if anything happens differently now, even a slight postponement from what people are now expecting, the stock will be punished in January. He may genuinely be excited by the future of ctix, but to respond as such to an individual investor is complete amateur hour.
Sharp fall off in volume. Wouldn't take much to push it much higher, but something has to drive it there. Be a great time for an announcement of a new contract or a husky renewal.
Well, I certainly agree that they need to get professional PR help, but with all due respect to your article, I'm pretty sure that this nice bump is from something other than that. If it's from that, then we'll soon be heading back down as there was nothing new in there that would support this kind of rise, especially with the heavy volume we've had. I'm still thinking/hoping that an investment firm is accumulating a significant stake and with any luck, it's BOOOOOOONNNNNEE!
Lance - I keep reading that the industry is still unsure if the shale in California can be unlocked succesfully and profitably. What do you know about the California shale and how do you think GFS would perform there? Thanks.
I'll hold on to them as long as the company gives me a reason to, thank you very much. I understand that it's still a speculative play and the odds are still long, I just want to see that the management is as engaged as the shareholders. If they still don't make it, then so be it, but as long as they show that they're doing everything they can, then no complaints from me. The PR was a great start. It was informative and confident, but it wasn't fluff. I am hopeful that the recent buying is more than just individual investors gambling. I think a lot of signs point to that being the case, but I guess all will be revealed in due time.
i mean, other than the snow outside. heavy volume, good buys into the close. hopefully, hopefully, hopefully this is somebody big accumulating. and oh, if that someone could be my boy, booooone. he is probably #$%$ about oklahoma state losing this wkend and didn't feel like messing around today. told his buyers to get him his 25% of gfs and make it quick. hey, it could happen, right? let's see what tomorrow brings. i can't handle another slow descent back to the 1.30's.
This is dated info. The mou's are no longer in play and never amounted to anything anyway. I seriously doubt that major international companies have been "using us for years." although that's not to say it can't happen in the future. certainly there is nothing happening in colorado at the moment, and there is nothing to validate that RDS has ever used GFS. Look to the future, not the past to drive share price.
Are you talking about the MOU's with eCorp which are long dead and buried? I thought it was a pretty poorly researched article. Very dated. There's no way that could be driving today's move, at least not entirely. My dreaming side wants to believe that it's just a matter of time before some kind of investment company like BP Capital wants a piece of this company. It would be such a great fit and all parties would end up doing well. "BP Capital Management is a private investment firm focused on investments in energy futures and stocks of public companies in various energy sectors and ..." That's what i want for xmas.
Nobody expects it to you idiot. There was nothing released that changed GFS revenue expectations. This is a slow process of building awareness and showing that the management is engaged. Why don't you go invest in something more your speed like J & J? Then you can come back and brag about your 2% dividend.
I can't believe I'm trying to explain something to a #$%$ again, but here we go. Look moron, this is a speculative investment. People are allowed to own more than one stock. Most people already own big companies like apple as their core holdings and then have a couple speculative plays like this one. So for you to come here and brag about a company worth half a trillion dollars being succesful like you're some kind of genius is idiotic. In other words, it's what we've come to expect from you.