GREY:GDPEF - Post by User
Comment by
Grandpa1on Mar 31, 2010 4:43pm
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Post# 16946118
RE: RE: THE PERFECT STORM !
RE: RE: THE PERFECT STORM !Hey BayStreet:
Even though I can agree with your sentiment that we are a virtual unknown in the retail market, I think that it is worth mentioning that somebody (some combination of retail and institutional) has spent about $1.8 million dollars purchasing this stock in 2010 on the market, about 60% of that volume in March. Now, I know that is not a lot, but it does show that somebody is in this other than just us board participants and the insiders. That doesn't even take into consideration the financing shares purchased; add that in, and three point five or four million has been invested in GL in the first three months of 2010. That compares to 2009 annual investment volume of about $2.75 million for the entire year.
Even though these numbers are puny, I think that the trend is positive, and I think it shows the stock's ability to find buyers when there is a true incentive to dump for profit taking and/or other legitimate purposes.
Maybe we're all just too optimistic.
Hey Sunny: Sometimes I think I have the half-full outlook, and others, I wonder if it is half-fool. (That's a freebie for you Reff!)
Grandpa.