GREY:FNTRF - Post by User
Comment by
timetoliveon Sep 28, 2010 11:47am
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Post# 17501259
RE: lots of bidders
RE: lots of biddersYou'll find a lot of sellers as this thing approaches 50 cents. My average is 50 cents and I will likely take 50% of my position off the table at that time. This stock is too touch-and-go. But I will wait for the final drilling results before I make my decision. If she doesn't hit 75+ cents after the final results come out, I am likely pulling my entire position. There are better plays out there.
As for the stock going up which one poster asked. It's a combination of gold being bullish (crossing $1300 today), the great results released this month, and I think Toronto gave them some much needed exposure.