Since This Is A Gambling Forum

[MadJack]

GTII rocketed up more than 50% on Thursday on just over $7.5 million in dollar volume as the stock is quickly becoming among the most talked about stocks in small caps. Currently there is a single short on GTII that is 100 million shares short and is about to be in serious trouble. The short needs GTII to trade 100s of millions of shares and there is little chance it will trade that kind of volume at current price levels. The buzz on GTII is quickly gaining traction as the stock posted its highest volume day in months on Thursday. There is little change the short will be able to cover such a massive position and once the upside momentum intensifies, they will be in serious trouble. The otc needs its very own AMC Gamestop type massive short covering rally. GTII OS is 257,463,289, 193,036,390 of which are restricted. With a rapidly growing shareholders list, investors are gearing up for a major fight. We will be updating on GTII when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with GTII.

Northern Star, How can we verify the 100 million short? I can't find that information anywhere except from these people claiming it's true. I'd like to know for sure. I'm starting to get skeptical. I can see that somewhere around 30-40 million were shorted in the last couple of weeks but nothing like that ever in the history of this stock.

I also think it's a red flag that all the pumpers on Twitter, guys like Ham, have only had a Twitter account since June? Makes me wonder.

 

[redsfann]

8.10 at the open. :scared

 

[MadJack]

$8.97 now

 

[jordan23]

I got in late this morning at about 6. Didn’t get a ton unfortunately. Hoping it can get to 20. Sell 1/4 at that point and free ride the rest

 

[redsfann]

Profit taking now… 6.61 and falling.. I almost pulled the trigger, but didn’t…

 

[MadJack]

I'm disappointed but how can you not like a +25% day? I'll take it and wait for the big score.

 

[Dr Feelgood]

Look out beloowwwwwwwwwwwww, time to buy more?

 

[MadJack]

Look out beloowwwwwwwwwwwww, time to buy more?

I'm just waiting but I already had shares. Hate these down days especially since I'm a little skeptical of the story for buying now.

 

[MadJack]

This is what I wanted to know. Very interesting.

https://twitter.com/i/spaces/1OwxWwRMwPNxQ?s=20

 

[MadJack]

Kind of hard to listen to but it's worth it.

 

[jordan23]

Hard to hear. What was the just of it? Thanks

 

[MadJack]

Hard to hear. What was the just of it? Thanks

I had been wondering if it was true that there were 100 + million naked short shares and that audio recording seems to have cleared that up. Now I'm wondering who will pay for the purchase of those shares because the Kramer brothers don't have that kind of money and neither does the prime broker. Who pays for it, we're talking $500 million minimum? Can you imagine what the stock price would be if they started covering 100 million shorted shares?

 

[yyz]

I had been wondering if it was true that there were 100 + million naked short shares and that audio recording seems to have cleared that up. Now I'm wondering who will pay for the purchase of those shares because the Kramer brothers don't have that kind of money and neither does the prime broker. Who pays for it, we're talking $500 million minimum? Can you imagine what the stock price would be if they started covering 100 million shorted shares?

I don't get how that works. They just take a shot at free money, and get to walk if it goes the other way?

:shrug:

 

[MadJack]

I don't get how that works. They just take a shot at free money, and get to walk if it goes the other way?

:shrug:

Normally to short you have to borrow the shares that are available, then sell them. What these guys have been doing is illegal but it happens all the time. They just sell, sell, sell, shares, and drive the price down. Shares that don't even exist. They are supposed to cover those shorted shares by buying them all back but in this case they dug themselves a huge hole and it's about over. They will have to buy back the shares for more than they sold them for and a lot of them. Like 100 or 150 million of them. The price will rocket. The price was 60 cents a couple weeks ago and they haven't even started to buy those shares back, they are shorting more. Something like 6 million shares shorted yesterday. I'm no expert and just learning as I go. Some people are predicting the price of this stock to go into the thousands when they start covering the short.

 

[yyz]

Normally to short you have to borrow the shares that are available, then sell them. What these guys have been doing is illegal but it happens all the time. They just sell, sell, sell, shares, and drive the price down. Shares that don't even exist. They are supposed to cover those shorted shares by buying them all back but in this case they dug themselves a huge hole and it's about over. They will have to buy back the shares for more than they sold them for and a lot of them. Like 100 or 150 million of them. The price will rocket. The price was 60 cents a couple weeks ago and they haven't even started to buy those shares back, they are shorting more. Something like 6 million shares shorted yesterday. I'm no expert and just learning as I go. Some people are predicting the price of this stock to go into the thousands when they start covering the short.

But you're saying they can't cover it. What then?

 

[MadJack]

But you're saying they can't cover it. What then?

I have no idea. Somebody has to cover it. Somebody dropped the ball. What they did is not allowed yet it's been going on for a long time. Who pays? Maybe they can cover it. I'm just speculating on my own after reading about it from both sides.

 

[MadJack]

This recording is much better. He does one every day.

https://twitter.com/i/spaces/1BdxYyBAAwlxX?s=20

I'm counting on this hitting and it might happen soon. And it's gonna be big when it happens. Just telling you what I'm doing, not telling you to buy or advising you in any way.

 

[Northern Star]

I was out of town. I have learned a lot following this stock. Market is dirty as hell. Big boys make tons and little guys get killed.

What Jack said. They are supposed to borrow stocks from broker. They make money by buying them back at lower price.

what the naked short does is sell shares that don’t exist. How can a stock go up if someone is adding to the supply. I will find a video that explains it.

The other thing is these guys talk and send signals during the day. They will put orders like a buy for 112 shares. Someone else will put a sell in for 126 shares. I am sorry there are not a bunch of orders for 112 shares at a $1.

Ham is not a new poster on Twitter. He had a different name and must have said something wrong and got banned.

I am not surprised that it went to $9 and back to $4. There will be people taking profits any time there is a big gain.

I have some sell orders as it marches up to take some profits. I would be mad to miss a huge profit. On the other hand it is hard to predict the top.

Daughter is getting married on Saturday so I have other stuff going on.

Northern Star

 

[jordan23]

Anyone have any news on this? Thanks

 

[MadJack]

Anyone have any news on this? Thanks

Just the same old crap that I'm not sure I believe anymore. I have very mixed feelings at this point. I'm up decently or I might have sold. I just keep hoping.