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GreenStar Agricultural Corporation V.GRE



TSXV:GRE - Post by User

Comment by UptownGirlon Mar 10, 2014 9:18pm
100 Views
Post# 22305673

RE:RE:Lots of Support, Little Resistance

RE:RE:Lots of Support, Little Resistance
I'd respectfully disagree.  It was only a month ago that we were in the 80s.  We've had a 22% price increase since then (Feb 7). It was when the second tranche of the financing closed that we once again broke through 0.90.  Since then, we've had announcements of record ag product shipments for 2013, media relations firm and market maker hired and an increase in the dividend announced. 

Volume has also picked up considerably over the last while.  I remember days of no trades and under 20k shares trading regularly.  30-40 k now seems the norm.

I'm content at these levels because I wasn't sure we were going to break a buck again to be honest.  We may consolidate in this 1.05 - 1.10 range for a while, but it's the next set of financials that I believe will move us ahead.  The anticipated acquisition will boost us again that much further.

I believe my patience will be awarded in a few weeks time.  In the mean time, I can look forward to my third dividend collected.
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