GREY:GYPHQ - Post by User
Post by
archimedes0070on Apr 21, 2011 6:04pm
232 Views
Post# 18472478
Canaccord
Canaccordpaperboy222,
Agreed. Not one individual IA nor one IA firm has a perfect track record. However, from this investor's experience over the years, buying from #033 is often a bullish sign. There are a number of reasons for this phenomenon.
GGN is trading at a very significant discount, attributable to various "issues" or perceived "issues". If these "issues" are cleared up then this hefty discount will disappear and the stock price will rise substantially.
Markets are often about perceptions and when perceptions change there is often an almost instantaneous and sharp revaluation. And, furthermore, once the perception is lifted, the price often continues to move in that new direction as "good" developments compound.