GREY:EORBF - Post by User
Post by
rory17on Nov 02, 2011 8:58am
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Post# 19201216
Nakate
NakateYesterdays price share movement was classic action by the market makers and high frequency trading gang. The low was $2.50 and the high was $2.74. As the overall market failed late in the afternoon, the share price retreated to a close of $2.58. I bought in the low $2.50's and sod out my trading position in the high $2.60. To be clear I have a large core holding that I will not sell until we see much higher prices and I am very confident of that. The warrant holders probably have something to do with the volatility of the share price yesterday, but as far as I am concerned we seen the last of seeing under the $2.00 level. The window is closing to buy at these price levels and takeoff is not far around the corner. IMO and GLTA