MrMyers
3 hours ago
$GTB TECH posted on LinkedIn this afternoon. The post addresses 1) the immense importance of cybersecurity, 2) and the company’s expertise in the field of cybersecurity to provide solutions. GBT TECH does indeed have cybersecurity intellectual property. My hope and prayer is that GBT TECH will assess the market needs well and accurately determine and sell the true value of its cybersecurity services. Just as importantly, GBT TECH needs to compare its cyber security abilities to Crowd Strike. GBT Tech needs to differentiate w.r.t. the Cloud Strike debacle. In other would, I pray that GBT Tech will offer an integrated air-tight, high-security, fail-proof solution that “saves the day” and secures clients from CrowdStrike and similar providers. Thanks!
bucks2pennies
4 days ago
I have no doubt that the type of trading (retail or short) the market engages in has MANY twists and turns, not available for outsiders to see or understand.
As one poster mentioned, some know retail buyers are slowly accumulating GTCH shares. What is surprising is that such retail buys are, IMO, listed as short buying. This constant high level of shorting leaves me in a quandary as to 'what purpose' when the pps has been at a standstill for months. As suspected, I have no clue as to what is 'really' going on.
Eventually, sooner the better, SHs WILL have a new owner to contend with. Likely one that, in the case of ITS pps, will NOT have the notorious crime ridden problem GTCH currently is having with naked shorting.
While I contend that I am less certain each day that passes that I can expect a "killing" once we learn of GTCH's sale/incorporation, I DO look forward to being relieved of the burden of watching how naked shorting is destroying any notion of 'fair play' in Pinkyland.
bucks2pennies
4 days ago
"NVDIA, AMD, and other chip makers may attract all the investor interest...
Microsoft, OpenAI, and Amazon may attract all the AI media attention...
But the truth is, without fixing one basic input, all AI companies and visions will go up in smoke. That one input?
Energy. By 2027, AI is predicted to consume 85.4 terawatt-hours annually1 - more than most small countries.
Renewable energy is growing at an impressive speed - but not fast enough."
Didn't GTCH tout that their AI patents and chips as well are designed to save energy/produce less heat???
marylandstockguy
5 days ago
One thing I've been noticing is that with these 1 hits, they seem to be coming in 500K blocks. I saw that yesterday, and it appears to have happened today too? Again, not much volume at all, but why is that happening? I note that they're like 15 seconds apart, but it seems to clean to be partial fills?
boomer0921
5 days ago
$gtch. Come on. Show us some direction that you are actually going to consummate deals and get this party started.
or maybe next week.
LAS VEGAS, July 17, 2024 (GLOBE NEWSWIRE) -- Avant Technologies, Inc. (OTCQB: AVAI) (“Avant” or the “Company”), an innovator in artificial intelligence (AI) technology specializing in cutting edge AI and data center infrastructure solutions, today announced that it is welcoming back Kenneth L. Waggoner as the Company’s Chief Executive Officer (CEO), effective immediately, after a hiatus to address health concerns. William Hisey, who served as Avant’s interim CEO, will now serve as the Company’s Chief Financial Officer.
Mr. Waggoner has 45 years of experience in management, business operations, and law. He is a well-known attorney and recognized leader in the biotechnology, telecommunications, and chemical petroleum industries. Now, he’ll reapply his business expertise to strengthen Avant’s management team and its focus on the artificial intelligence industry, while also exploring additional opportunities to expand the technologies that Avant could develop in other industries.
bucks2pennies
5 days ago
I have no crystal ball. If technically practical to implement, I think GTCH's patents hold some solid operational manufacturing with significant sales/income potential. Add that to the extreme pricing for AI development companies some of the Big Boys are willing to pay to acquire, I expect an offer of at least a $Billion. Given the stated O/S of around 17B, GTCH's pps could hit $.05 - a strong rally and our share conversion rate into the buyer's shares may even result in a higher burst.
I definitely would be selling shares to at least cover what I have invested - so even .003 would entice me to sell some.
Truely, the bottom line for me regarding any sale of GTCH has to be based on my personal acceptance that I really have no idea....right now, I just want to see a company statement that they have been bought...the rest is up to the market. Really, anything could happen. No help here in clarifying how the pps might react.
bucks2pennies
5 days ago
MM. But does it really matter if what the company possesses is a viable product/service?
Short term, albeit that period can extend beyond 3 years, shorting depresses the stock price so that 'cheap' money in creating new shares to obtain necessary financing (when financial institutions stay away) results in an ever increasing A/S and even the resulting R/Ss through a long period of time. Shorting is also a lead in to the 'forever' dilutive stage.
BUT, in the end WHEN the products/services materialize into an ever-increasing profit generating enterprise, who has the last laugh?
If GTCH turns into one of these enterprises, is all forgiven and forgotten?
If, in the end after staying loyal to GTCH for all these years, I make significant green, was it all worthwhile? I really think so. I believe in that philosophy. Is it all a myth?
For certain, I have owned and profited from other companies that have done so. I admit that I NEVER ACHIEVED THE GREEN I DREAMED OF, but I made green.
Wall St Big Boys take the cream, but I manage to get crumbs. I do not like getting on the ground floor of a future profitable enterprise and then be shoved off on a lesser floor, but what else is really expected?
Are penny stocks no longer offering the chance they once did for middle class citizens? Risk was always high to do what I do, but I always felt that doing so WAS THE ONLY CHANCE I HAD TO MAKE SOME REAL MONEY! Have naked shorts shut that door for us - really killing off even the companies that stand a chance of success....if only...
Porch Honkey
7 days ago
(GTCH)
Naked Short Interest
GTCH
- Short Volume Report (REGSHO)
All RegSho Dated reported by: FINRA
Historical Short Volume Data for GTCH
Date Close High Low Volume Short Volume % of Vol Shorted
Jul 12 NA NA NA 29,876,201 500,200 1.67
Jul 11 NA NA NA 6,410,050 6,280,000 97.97
Jul 10 NA NA NA 10,371,801 9,481,200 91.41
Jul 09 NA NA NA 2,088,951 1,590,100 76.12
Jul 08 NA NA NA 5,731,388 4,571,298 79.76
Jul 05 NA NA NA 5,457,785 4,650,000 85.20
Jul 03 NA NA NA 5,161,591 2,000,592 38.76
Jul 02 NA NA NA 19,050,000 16,050,000 84.25
Jul 01 NA NA NA 11,130,550 9,417,621 84.61