Post by
uchuck on Oct 24, 2011 10:19pm
Never Owned GLN, Was on my "Watch List"
I held back because "glamour stocks" can crater quickly..and GLN is one of those. Love that term, I'll credit Jason Donville on BNNTV one night for coining that term. He's a Master of the English language, very colourful.
Looks like GLN is on its way down, the pitfall of most "glamour stocks."
Comment by
porksniffer on Oct 25, 2011 9:21pm
Thanks for your usual braindead analysis uchuck. This bored gets quiet for extended periods. Please feel free to drop by and enlighten us with your stupidity whenever you want. We can always use the entertainment.
Comment by
TheRock07 on Oct 26, 2011 7:56pm
Nothing has changed with GLN other than the fact that the recent market downdraft has caused forced selling to cover fund redemptions and/or private investors selling their winners to pay for the losses on their losers.Actually, GDP growth was negative in Q2 but is looking much better going forward which augurs well for Q3 and Q4....
Comment by
msillusion on Oct 28, 2011 2:21pm
Green Mountain Coffee dropped from above US$90 on Oct 17 to a low of $56 on Oct 25 on a bear attack from David Einhorn. Glentel has a comparable down performance from a high in April above $20 to $15 and change todayIt is testing its support level at the low of $15.08 on Aug 8. The tax loss selling towards YE does not bode well.