Impending Break-out for GH, example of share price "GAP UP"A sleepy stock that is off the radar of most investors is the Vancouver based Wall Financial Corp. Small sized, boring business that gets almost zero attention from investors, making it a nice value pick for patient investors. While I'm not here to promote WFC in any way, I bring up the company's price action because of their recent announcement of an unexpected one-time dividend.
Shortly before the news, shares could be purchased between $13 and $14.
After the news, shares are for sale at $18.
This is an example of what happens when patient investors sit tight and allow undervalued companies to create shareholder value.
"Gap Up" One day it's $13, two days later it's $18.
That's a +38% rally.
This is the type of price action we will see with Gamehost shares once we have more clarity about the temporarily reduced dividend.
One day GH will be $9 and a few days later it will be $12+
Let's hurry up and wait, there's an outsized GH share price rally in the making here.
Similar percentage gains to what you see on this WFC chart.