RE: RE: New GNG POP QUIZ....Whether you believe in technical analysis or not, 28 cents is a huge technical resistance. See graph below.
https://www.stockwatch.com/oldsite/oldsite_chart.aspx?symbol=GNG®ion=C
Above 28 cents, GNG could attract the significant volume needed to bring it higher.
Below 28 cents, GNG is sideways at best.
There's nothing arbitrarily about 28 cents in GNG's case.
Cheers,
CQFD