Global Arena Holding Inc (OTCMKTS:GAHC) Takes A Step Back

[[tagnumber 0]][[tagnumber 1]]After experiencing a bit of a slide in the beginning of the second half of this year we saw Global Arena Holding Inc (OTCMKTS:GAHC) become a bit more stable in October and even make some attempts at regaining some of the value it had lost after dropping below the 10 cent per share mark.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]As November came rolling in we saw some impeccable timing that managed to add a decent amount of value to the stock of [[tagnumber 6]]GAHC.[[tagnumber 7]] Just a few days before NASDAQ announced that it will launch a blockchain exchange called NASDAQ Linq, the company announced that they have acquired a stake in a company called Blockchain Technologies Corporation.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]][[tagnumber 6]]GAHC[[tagnumber 7]] didn’t wait long to try and push their stock on the news and issued a press release commenting on the matter, despite the fact that their name wasn’t among the first participants working with NASDAQ’s new system. Meanwhile, we also saw some paid promotional effort that might have just added to investor excitement.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The ticker did see some impressive leaps in price during last week, but it finished it in the red. [[tagnumber 6]]GAHC[[tagnumber 7]] dropped 11.11% in Friday’s session and closed at $0.14 while a total of 1.25 million traded shares generated $171 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]And despite all the red flags that we talked about in our previous article we see that the company stock has started the week rather well. Still, you should be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]