TSXV:GLG.H - Post by User
Post by
bendergardenon May 18, 2010 7:01am
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Post# 17108308
Well OK then, carry on
Well OK then, carry on The results are ok, the market will probably not really care.
I will stick to what i have been doing, add under $7.00 if the situation arises. It probably will, as the general market has potential for volatility certainly over the balance of 2010.
The price may also just slowly drift down in the short erm, with no real driver to move it. Investors are seeing that the results of the company will steadily improve, not explosively. That may change who is interested in the stock to some degree.
I hope the company realizes the value of one thing in particular: surprise to the upside. A very valuable approach, and I hope the outlook given is conservative, rather than envelope-pushing.
It is far better to impress with a result, rather than an outlook. Many companies in the position of GLG fall into the outlook trap, and hurt themselves with results.