RE: Getting kicked around Right now the ENTIRE TSX is undervalued and we are being treated like some 3rd world country regarding our indices. The S&P is kicking our assets, which is why I have been investing in US stocks over CDN. We are sitting on a 5.00+ stock based on what it would have been valued at in 2007 when gold was even cheaper. However, the entire TSX is being looked at as one entity and there is a nasty domino effect happening with CDN stocks which screams of manipulation. So far China is in the unknown zone - soft landing or hard landing? Who knows, however the lemmings always expect the worst and hope for the best. This is kicking the life out of the CDN market. There is no reason for GCU to have lost this much value. I mean come on! Have you seen the insider buying activity? I highly doubt someone would be throwing good money at this if they didnt think the sp would not climb to around 10 bucks a share or more someday.
None of this makes sense and no one has the answer. Read the headlines and they change daily. One day the world is full of roses, the next day thorns. The market has stopped trading on valuations and is trading on what the newspapers say on a daily basis - its pathetic and amateur at best.
Its anyones guess where GCU will be in a month. Could be better, could be worse, no one knows for sure.