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Geologix Explorations Inc GIXEF



GREY:GIXEF - Post by User

Post by Jaemakon Sep 07, 2012 11:28pm
537 Views
Post# 20335633

Trading Patterns

Trading Patterns

This stock has been stuck in a trading range of .20-.26 for several months. Obviously, there is some consistent penny flipping going on here, which might seem annoying to some, but for others, 10% here and 10% there can soon add up pretty quickly. One just needs to watch it closely and keep a solid core position in case of a sudden drastic move. However, I do believe that strategy will not work too much longer because the juniors are starting to move again and Geologix has enormous upside on several fronts. Personally, I'm happy to simply wait for either the big discovery play on the new targets or for the eventual buyout offer for what they already in place. This is a no-brainer buy if there ever was one!

Cheers!

JM

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