GTTN (GTT Communications Inc)

General Discussion
#1

I’m only hearing about restrictions on GTTN from members that use RH and Webull.
This is a new dynamic per commission free “brokerage” firms. My guess is that certain
brokers are protecting positions held by the bigger guys that they do business with.
This would have been unacceptable during past decades and that’s why the other big-name,
well-established brokers are playing fewer games. If the gov steps in and dictates that
NONE of these firms are able to approve new purchases, you will know that someone really
big is in trouble per systemic risk.

Notable price levels per BAM Model:
-New retest @ 2 dollars
-Vibration @ 4.24
-Retest @ 13
-Retest @ 23
-Retest @ 36

If the company does not go out of business, the models is telling me that the stock
has a chance to retest all of these levels over the coming years. I personally size
these positions as “all-or-nothing” as they are obviously classified as the most
speculative of the speculative. That said, I have seen other examples, like MARA,
that eventually tracked the model. I bought MARA @ .50 cents and it traded back up
to 57.75 in less than one year. (about 11 mos). This is VERY unusual. This is not
an endorsement of GTTN or any other stock I talk about on this forum.

#2

I’M LOADED IN GTT NOW CONVERTED TO GTTN.

2 Likes
#3

What about owning options? I have $6 11-19 calls, I guess I just have to ride it out?

1 Like
#4

Thanks for the update Jim. Will you be posting a video about GTTN for your global pro subscribers?
I am particulary interested as to what we can expect to see in August and October in terms of the price levels?
Also, would we be able to track GTTN using Anemoi given that is now trading OTC.
Thanks a bunch!
Milos

4 Likes
#5

Yes in order to trade GTTN now, you need to be with a brokerage that offers trading for pink sheet equities (e.g. TD Ameritrade).

#6

Picked up 2500 shares @ .80 cents - Thanks for the tip!

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#7

I’m in heavy on GTTN hoping and holding until 23

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#8

I’m with TD Ameritrade and they rejected my buy orders with the reason, “closing orders only”
I also tried to transfer GTTN from another brokerage to TDA and the transfer was rejected by TDA due to its uncertain future.

#9

I have pre-existing shares (before the ticker change) with fidelity. Ive yet attempted to place an order since change. Ill try an order fo one share tomorrow and let ya’ll know if it fills.

1 Like
#11

Etrade let me buy it.

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#12

I’m with Interactive Brokers (IB) and when I tried to sell a covered call against my 2000 shares, it stated that I could only close positions. Is anyone with IB here?

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#13

That’s so bad. Same here with share transfer. Haven’t tried buying yet with TD.

#14

I have loaded up on GTTN. I saw comment about options. I don’t believe you can buy options on OTCC

#15

I understand today is deadline for lender forbearance. I also understand GTTN is up 8.5% in German market as of this writing. So maybe good news is coming. Today should be good

4 Likes
#16

I don’t know why people are still messing with RH. Just get an account with Ameritrade and call it good.

1 Like
#17

I also own shares with fidelity…was able to purchase more on Tuesday the sixth when it opened as gttn. On that Thursday I tried to buy more and it rejected…called a rep, he said too speculative…I then moved some money into my td ameritrade acct…and was able to buy 3000 more shares…there was a commission of $6.95…gl all who own

4 Likes
#18

Guys,

On which platform would you recommend to buy GTTN shares?

#19

getting a trade error message on Fidelity when attempting a limit order for one share. so it’s currently a no-go on their platform. (OTC/pink sheets)

#20

I use interactive brokers -it ok able to purchase a few times

2 Likes
#21

Hello, maestro.
I’m sitting at over 500 shares of GTTN i bought in at $3 a share. Thank you for the updates

2 Likes

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