GraniteShares Gold Trust BAR

Now..is the time to buy....

[alleyesonme]

I believe retail investors are becoming impatient and selling there shares. Small orders driving this SP down. 7mil bought deal at 2.65. Anything under this price is a gift. Buy while you can at these low levels. Year end financials/corporate update are near. My feeling is Tsx and nasdaq uplist will this year. Incredibly undervalued, I still believe this will be 6plus after q2 financials. We should also see more analyst coverage having CEO speaking at Roth conference. Sunny days ahead. Patience will be rewarded. Accumulate, accumulate, accumulate...that's the name of the game at this point. Soon enough AlleyesonUGE.....glta

[1condor]

I'll add at 1.95.

[nbastar1986]

1condor, your alive!!! we miss you on the brag board. You still in it?

[1condor]

nbastar1986...yes, looking to increase my position in UGE with further weakness...and also still in BRAG for the long haul.

[alleyesonme]

Its not easy to add lately without running the price up. I noticed today there's two bigger asks for 12700 at 2.30 and 6000 at 2.25. Other than that the past two weeks I haven't seen any bigger asks its all been pidley (under 1000 here and there). This is why iv been buying when I can between 2.15 and 2.40 over the last 7 business days. This tight structure is what makes it explode when

[BCdude]

Couldn't agree more. Added a few today to my kids' RESPs, and would add a few more if it drops below two bucks again.

[1condor]

alleyesonme...with this type of volatility in the market I would be surprised if it doesnt dip below 2 bucks (although only temporarily).

[alleyesonme]

Yeah... Low volume recently. I believe the weakness has been caused by short sellers. Period between Feb.28th and March 15th short sellers sold 175000 shares. First short report of 2021 was 32000, most recent total 725000. The big dip we saw the other week most likely was a short sale. The increase will be that much more dramatic once they cover. Imagine putting in a bid for 175000 at 2.65. It

[BCdude]

I certainly wouldn't want to have 175,000 shares on the short side of this. That sounds like a receipe for losing big.

[alleyesonme]

Lol no kidding....ykes...considering at this moment the path to 2.65 is about 46000 shares...when they start covering the 725000 shares they will pay big running the shareprice to new heights in the process...no question they will be covering...I don't imagine financing will be an issue. Green bond market is swamped..hard to even buy greenbonds they are all sold out!!!...financing doubts are

[1condor]

Couple more days like this and my 1.95 bid will be hit. Good upward moves occuring in other green stocks today..but not UGE.

[BCdude]

Very low volume, though. I can see this resuming its upward climb once the Q4 financials have been released. The market is looking for an update.

[1condor]

Come on 1.95...maybe tomorrow? General markets showing weakness.

[nbastar1986]

I hope it gets this low. will scoop up shares. this thing is undervalued 

[nbastar1986]

Great call condor - added some under $2.

[1condor]

nbstar1986...good pick up...my bid got hit at 1.95 today but didnt get my full alotment. Probably get the rest tomorrow.

[1condor]

That was nice...picked up my remaining shares at 1.78. Now have my full position.

[1condor]

UGE sure is having a nap today on the volume side.

[CandyC]

Time for a news release and a breakout 

[BCdude]

UGE dosn't tend to flood the market with news releases. I've come to expect 2-3 quality press releases between quarterly updates. Their last one was March 9th, and I would expect the next update to happen when the year-end financial results are released in April. I wouldn't be surprised to see rangebound trading until then.

[1condor]

Sure looks like another dip to around 1.75? Very little conviction in the stock lately...even with the latest news release.

[alleyesonme]

Yeah..bizarre...33m in ANNOUNCED contracts since Sept 30th....serious momentum in the business but not in the share price...Small company largely unknown...multiTRILLION$$ build back better bill announcement tomorrow with what's rumoured to have renewable energy at the forefront should have investors searching for company's like UGE....recurring revenue profit margins around 70%......this