GREY:LGLTF - Post by User
Comment by
Joseph_Kon Jun 09, 2015 12:52pm
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Post# 23811475
RE:50% retracement
RE:50% retracementthedave2006 makes an appearance! I guess we haven't crossed paths on stock picks for a while.
I see you are almost up to 1000 ignores. Well done my friend. Well done.
As for LOY, yeah sure, I could see a 50% bounce, if it keeps falling to .12 or .10 first.
Who wants to gamble on the size of the next financing, the level of dilution, the willingness of the financiers to offer this company cash at anything even approaching a reasonable price - after all of this. Personally, I bet the next deal gets done in single digit territory. 8 or 9 cents.
Did the bid just fall to .15? Amazing. Give it another couple hours, or couple of days and I think we'll see it bottom. Maybe then you'll get your 50% bounce thedave