Post by
skydiver069 on Oct 08, 2014 12:29pm
Senced it was priming for a P&D months ago...
Basing my theory on the SPAMMING of forums a few weeks back, along with a couple months before that. If there is any merit here to this play, then ride the curve down and then pick up a few more to lower your ACB, or, take an initial position.
One could always pick up the phone and contact IR, too.. Can't hurt to chip away at them. Just be certain to be loaded with some solid questions first.
FTR: My order weeks ago never got filled, so I don't have a position at this time. Might stick a couple low-ball bids in to see if they can get filled. Just won't get too serious as I haven't done any serious DD on GPL, yet.
Comment by
moneymaker75 on Oct 08, 2014 12:36pm
Scotia's been the one that's dumping...a retail player getting rid of their shares. Jitney and Anon picking those up, a good sign. I picked up a few more today too.
Comment by
lakeside03 on Oct 09, 2014 12:37pm
Apparently you are among the few that believe the stock is worth what you say it is ...other wise there would be more buyers......but there isn't.
Comment by
XTCXTC on Oct 09, 2014 3:43pm
Not necessarily true. By your logic more buyers means right value? You should change that mentality. Markets can become overvalued or undervalued it's pretty simple. And, more buyers don't mean it's a good buy. I don't know how successful you have been investing in the market with that mentality, but good luck to you lol.
Comment by
lakeside03 on Oct 09, 2014 4:25pm
I've been very successful where there are buyers in a stock....meaning demand. Demand equals higher pricers. Simple supply and demand .....and GPW has no demand and so we are over supplied. If there was demand for the stock the price would be increasing.....end of story. Just like GPW
Comment by
XTCXTC on Oct 09, 2014 6:33pm
Are you invested in this comapny? If so sell your shares then since you said demand is lacking might as well cut your loses. Go buy something in more demand. You don't sound like a supporter for the company, but rather someone bitter the shares hasn't gone the way you wanted it to. Oh, and I highly doubt your successful :D.