Guestlogix Inc T.GXI.R

Jan. 19, GXI bid and ask prices confusing today

[northwestcoast]

I've been waiting today to buy some Guestlogix, but the live price is 0.72, yet the ask price is 0.77 and the bid is 0.74.  The volume today: 111.

[northwestcoast]

After returning much later, I got the ask price of 0.72. I bought 10,700 shares. This stock should be much higher. I've owned it before. You won't see this price again. Buy now.

[oddcrowd]

I think you need to substantiate why.   For example - Is it because they are saving so much by slowly pulling out of Europe?  ....

[northwestcoast]

You are right. I cannot succinctly substantiate why I think it is a good price now. Analyst ratings combined with market growth led me to believe that at least this stock should be sitting over $1.00.  I think low volume and buyer skepticism brought this price down as far as it has gone, but then that would make it a good buy now. It is mostly instinct that inspired me to be bullish on the

[oddcrowd]

Any links to analysts?  I wonder if they factored in the loss of the EU developer teams and the number of clients in EU that need  their support.  I have a feeling that is going to be a painful lesson.  Maybe moving off the payroll onto contractor salaries appears more positively in the books.  Assuming they come back as contractors. I still cant get my head around the

[northwestcoast]

As far as analyst ratings, I was referring to November targets by National Bank and Cantor Fitzgerald, but you have made a good point. I sold my 10,700 shares at a loss and rebought elsewhere. What do you think a bottom price is for GXI?