GTEC Holdings Ltd GGTTF

RE:RE:RE:RE:RE:Ummmm, Insider buying continuing Day over Day

[SmokinAces]

https://www.tradingview.com/chart/GTEC/1kf5Se0P-Update-GTEC-Trend-Analysis-Short-Term-Forecast-Updated-Q3-day/

isnarain 

One of the reasons i bought into the company recently, was the fact there is a float of 30% or 35% shorting this stock atm. But, insiders are buying by the boat loads. The thing is shorters averaged at a price of 1.35 per share and will most likely begin buying back those short orders in order to make a profit and cover those realized gains, thus increasing the price. Shorters should be worried, if insiders are buying at an average price of .90 - .92 $ per share and shorters buying at an average 1.35$ per share. The average short term mean would be 1.20 per share or more. Coupled with upcoming news announcements, you are going to see this stock begin to be very bullish. An interesting fact, within the MJ space, GTEC has the lowest cost per KG of goods vs share price vs the sector as a whole. With all this in mind, not only do I see the price rising to an average of 1.20$ per share in the near term, but price spikes well above this mark should be expected on announcements. I have profited greatly on similar scenarios. having said that, I have done my Due Diligence and as an analyst and I have bought into GTEC.