RE:RE:Not Enough News to Sustain the Rise of GMANot questioning the long term value, but the short term stock price. Most penny stock investors dont have more than a few month horizon.
I am also looking at the momemntum. Next support is around $0.35...but at this rate it will touch $0.30 and I hope it holds. If investors dont have a reason to hold this stock is going back to $0.20.
Long term investor is someone who bought GMA at $0.60 and now its trading at $0.38 or lower.
Great company as far as i am concerned, but a lousy stock right now. How much dead money do I want to invest in it. Can't afford to lose 50% of my equity while I wait for the company to take off, or worse, dilute itself.