RE:RE:Impending Break-out for GH, example of share price "GAP UP"TheBridge wrote: Malx1, appreciate the interesting info on Gap Up but I need GH to continue to hover around that $8 mark until Feb. 17. I took a chance as I thought I should take a tax loss on a bundle that I had purchased on Oct. 5, 2011 at $11.20. Just trying to leave a little more room for profit when the impending breakout occurs, as you know inflation has shot up the price of a beer. I'm still not getting better at being patient. Pretty sure our day will come.
Share price currently at $8 offers the buyer a special opportunity. The old 3 for 2 deal.
$24 buys 3 shares today at $8
$24 will buy 2 shares down the road when price is $12
Buy three shares for the price of two.
Conservative fair value = $12
Current price = $8
Discount = 33%
Sale price won't last forever.
Would rather own at $8 than be forced to pay $12+ when positive news announced.
Next twelve months likely to be memorable for those currently on board.
Bonus Round is on the way!!