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Bullboard - Stock Discussion Forum GraniteShares Gold Trust BAR

The investment seeks to reflect generally the performance of the price of gold. The Shares are intended to constitute a simple and costeffective means of making an investment similar to an investment in gold.

ARCA:BAR - Post Discussion

GraniteShares Gold Trust > Robert McWhirter on BNN
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Post by Possibleidiot01 on Sep 04, 2020 8:20pm

Robert McWhirter on BNN

Nexr Friday , September 11 @12pm . He has discussed the stock before.
Comment by gemsearcher2 on Sep 11, 2020 1:59pm
wow!,, didn't know he would have that much influence on a stock!.. but i presume his presentation was good and that he convinceed many that there is real fundamental value here in this stock (which there is!) Still it is nice to see this upward move today and i'm glad i held on.. sold some at .48 last time but now the .50 resistance has been broken and i'm thinking blue skies above for ...more  
Comment by gemsearcher2 on Sep 11, 2020 2:11pm
back down to .49 so now looking like just a hype play for the day! but ultimately UGE is destined for much higher growth and stockprice appreciation from here in the longrun imo... today was just s blip on the radar but bigger things lie ahead i am sure gs2
Comment by ScottFAP on Sep 11, 2020 4:43pm
It was pretty impressive how it powered through to the 54 cent close after it came back down to 49 mid day. The close of 54 is a new 12-month high for the company. Still dirt cheap though.
Comment by Possibleidiot01 on Sep 11, 2020 5:01pm
I want to give credit to BCDude mentioning something Mr. McWhirter pointed out :) It should be noted posted August 25, 2020 11:31 am  by  BCdude   (139) The $8 million USD of recurring revenue for 20+ years is ~$10.5 CDN, which is almost their entire current market cap. This thing is incredibly undervalued. 
Comment by BCdude on Sep 11, 2020 5:27pm
You're welcome. This thing is still insanely cheap. I almost wish McWhirter hadn't mentioned it today, as I'm still hoping to build a bigger position. LOL.
Comment by CrazyProphet on Sep 14, 2020 11:19am
Bouncing around before break through ?
Comment by BCdude on Sep 14, 2020 6:39pm
Look at that beautiful chart. It's rising in nice healthy increments, playing catch-up to it's true value. It will likely bounce between the .50s and .60s for a little while, but I doubt we see the .40s again.
Comment by gemsearcher2 on Sep 14, 2020 10:28pm
Completely agree BC dude ! The chart is really nice and i like how it moves up and retreats a bit and gets some shares loosed and they get gobbled up and then it moves up again for awhile.. all in all it is trading really nicely and this is exactly what i like to see. What i am not crazy about is when a stock gaps up it inevitably drops back down the fill the gap but when it moves up this way if ...more  
Comment by gemsearcher2 on Sep 14, 2020 10:22pm
yeah Scott ! i stopped watching after i posted to get back to work and was surprised to see it closed at .54 that day..