{"id":6923,"date":"2015-09-19T14:15:57","date_gmt":"2015-09-19T14:15:57","guid":{"rendered":"\/?p=6923"},"modified":"2015-09-19T14:39:34","modified_gmt":"2015-09-19T14:39:34","slug":"global-digital-soltn-otcmktsgdsi-gets-a-surprise-pop","status":"publish","type":"post","link":"\/articles\/global-digital-soltn-otcmktsgdsi-gets-a-surprise-pop\/","title":{"rendered":"GLOBAL DIGITAL SOLTN (OTCMKTS:GDSI) Gets a Surprise Pop"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91401\/gdsi_chart.png\" border=\"0\" width=\"450\" \/>After slowly deflating over the course of the last couple of months, in yesterday&#8217;s session Global Digital Solutions Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GDSI\">GDSI<\/a>) broke its latest red streak and closed 46% up. Volume was heavy at over 57 million shares traded over the course of the session.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GDSI\">GDSI<\/a> has been on a most painful chart excursion in 2015. After trading at over $0.10 per share in the spring, the stock managed the impressive feat of dropping to the bottom end of double zeroes in recent sessions. Over the last couple of months alone, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GDSI\">GDSI<\/a> crashed over 95%, slipping from five cents per share in early August to its latest close at $0.0019.<\/p>\n<p>The company last published any news on Aug 24 and on that date the stock closed just 2% up. That close, however, was sandwiched between two massive drops of 35% and 27%. As a matter of fact, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GDSI\">GDSI<\/a> is one of the most volatile stocks on the OTC. Within the past month, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GDSI\">GDSI<\/a> logged just six sessions that were not a double-digit swing in either direction.<\/p>\n<p>However, the overall direction the stock has been moving in for months is, quite obviously, down. Here is what the latest report published by <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GDSI\">GDSI<\/a> contained:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>$147 thousand in cash<\/li>\n<li>$1.59 million in current liabilities<\/li>\n<li>$379 thousand in revenues for Jan-Jun 2015<\/li>\n<li>$2.0 million in net loss for Jan-Jun 2015<\/li>\n<\/ul>\n<p>Those figures can in part explain the slide on <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GDSI\">GDSI<\/a>&#8216;s chart. Another reason for it could be the Notes Payable section of the report, which contains a number of convertibles with juicy, fixed 40% discounts from the lowest price over the last 20 days prior to conversion. Among the noteholders are notorious toxic financiers such as JMJ Financial and LG Capital Funding.<\/p>\n<p>With no apparent external reason for the 46% pop in the absence of new filings or news, it&#8217;s likely that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GDSI\">GDSI<\/a> reversed after becoming oversold. How the price fares and whether <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GDSI\">GDSI<\/a> can bounce off the bottom end of double zero prices remains to be seen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After slowly deflating over the course of the last couple of months, in yesterday&#8217;s session Global Digital Solutions Inc (OTCMKTS:GDSI) broke its latest red streak and closed 46% up. Volume was heavy at over&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[808],"class_list":["post-6923","post","type-post","status-publish","format-standard","hentry","category-news","tag-gdsi"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=6923"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6923\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=6923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=6923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=6923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}