GREY:GIXEF - Post by User
Post by
Jaemakon Sep 07, 2012 11:28pm
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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