GREY:OLEPF - Post by User
Comment by
run2goldon Mar 06, 2012 7:52am
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Post# 19631640
RE: going nowhere fast?
RE: going nowhere fast? Johnny, I hear ya. As you say, losing faith is a great sign. Many years ago I would lose faith in a stock, sell, and within weeks or months the stock would streak upwards. Now a true contrarian, I get excited when the die hards lose faith. Heck everyone else who wanted to sell has already sold. I watched the bids/asks yesterday, and no one wants to really move down and sell in any significant volume. And there are lots of folks sitting in the low 80s to pick up the weak sellers.
Any news leak or rumor at all about the buyout and this thing will jump 40 to 50% back to 1.20. Then we can all make a decision about holding or selling (or buying more).