GREY:GPLDF - Post by User
Comment by
KingWhatsion Jun 24, 2011 12:29pm
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Post# 18761789
RE: RE: RE: RE: RE: RE: GPR also added to the Russ
RE: RE: RE: RE: RE: RE: GPR also added to the RussYou have to consider littleguy that a while back, they all dumped their shares around the $4.25 mark and as they cashed in on options, they dumped those as well like they were hot rocks. I took that as a sign that the wind had changed direction. As yeold has pointed out, the dumping continues and one must take notice of that.
After all, insiders can see into the future.
This kind of news makes me worry about some kind of merger in the works. You know, the type that leaves the shareholder on the clothes line with diminished share value while the new company goes through another development stage.
A while ago, I brought up this same thing and a few on here dissagreed with me on it but I sold just the same around the $3.50 mark and said I'd wait for $2.75. Recently I've been buying back in starting @ $2.70 and then happily just over $2.50
Thanks to yeold's prompt alert, I'll be watching for a good profit taking day to thin out my holdings. Signs are that the summer is going to be especially sluggish so money in my pocket is better than money left on the table gathering dust.