GraniteShares Gold Trust BAR

Buy the Dip

[ScottFAP]

If this stock has taught us one thing it's that it will set new highes after these periods of consolidation. Between now and next week when the deal comes will be the last chance to buy in the $2.50-2.70 level.

[1condor]

Stock may be feeling a little pressure because of rising silver prices? Although the rise in silver will only be temporary as it is being driven by the Reditt crowd.

[Rickathome]

 If you actually go to the "Reddit crowd" on Wallstreetbets you will find they have had nothing to do with silver.  

[1condor]

The bought offering is set to wrap up on February 10th. This has been holding the stock back. Should see the SP strart to move after they announce the closing of the offering.

[ddogold]

Once the volume returns things should begin to heat up once again . All in all the price has been holding up quite nice .

[BCdude]

Consolidation is a good thing. Establish a base so it can continue moving up at the next positive news release. Only a matter of time before this settles above $3.00 permanently.

[alleyesonme]

Yes. It's very nice to see higher volume and solid support at 2.75. Still very undervalued but atleast theirs stability. I think they will include an update and/or contract win with the announcement of the bought deal closing. Theirs no doubt they have been incredibly busy and periods of silence have always been a good thing. I think it's important to note that because UGE contracts

[1condor]

I would be happy with a 15 percent annual gain on this stock. The closing of the warrants will likely be tomorrow...will see if they have something else to say with that news release.

[alleyesonme]

IV been a bag holder for many years so for me, due to it being so undervalued and it's current growth rate anything under 6 after Q2 reporting is a disappointment.

[1condor]

Their last offering was suppose to close "around" Feburary 10th...so maybe today? These offering always act as an anchor on the SP of a stock until the company actually releases news saying that the offering has closed. Maybe the stock will start to move up once the company issues the release. Time will tell.

[alleyesonme]

Theirs no way the purchaser backed out of the deal so I'm surprised to see the selling. BUY TIME. Picked up some cheapos.

[1condor]

I see a run beyond 3 bucks once the offering closes.

[ddogold]

Agree with you on that . Hopefully sooner rather than later . Markets are getting frothy 

[alleyesonme]

My guess.. Big news at market close. They've done it before. Let's everyone digest over the long weekend.

[1condor]

alleyesonme...after close or early next week...they need to close the offering. The SP isnt going anywhere until they do. Now is a good time to accumulate shares or for new investors to enter stock. Still think we see 3 bucks in the very short term after the closing.

[alleyesonme]

Condor... your right. My prediction was the news of the closing would come out today after market close. So any minute now lol. Also I bet they share a major win along with it. I added yesterday and anyone doing the same can consider it money in the bank. Thanks.