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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

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Post by Possibleidiot01 on May 18, 2021 6:30am

Q2, Q3

That's a whole whack of different errors ( ten different points , I think ) which it makes it a really good thing that they changed the CFO.
Better to correct now than have issues over years.
Comment by Onions19 on May 18, 2021 9:58am
Jesus, may have been quicker to list the stuff they got right.
Comment by 1condor on May 18, 2021 10:18am
What a mess...still have my bid at 1.40.
Comment by alleyesonme on May 18, 2021 10:36am
Ykes..That's a lot of errors alright.. What's scary is the previous interm CFO is now the chief revenue officer..asks are far greater than bids currently. Condor you probably will hit.. I put one in at 1.51..can't resist.. Nows a great time to continue building a position...soon these will be hard to get and I'm not selling. No way Jose.
Comment by Onions19 on May 18, 2021 11:16am
Former CFO is not the Chief Revenue Officer. They promoted someone from sales who was bringing in all the new business. I think former CFO was a contractor.
Comment by alleyesonme on May 18, 2021 12:22pm
Oh really..I thought it was Tyler...I'll hafta double check when I can
Comment by alleyesonme on May 18, 2021 12:25pm
Yep..your right sorry I should get my facts straight..Paul kania...part time CFO. Sorry Tyler Adkins..
Comment by nbastar1986 on May 18, 2021 12:37pm
This is probably a good time to buy right now. the accounting errors, although pathetic seem to be very 100% by pure mistake. With the upcoming upcoming investor presentations, we will get more eyes on the stock. the volume is literally nothing. insiders bought heavily at $1.80 before. Seems like an excellent entry for new buyers 
Comment by alleyesonme on May 18, 2021 5:10pm
Agree nbastar.. I was able to get some today at 1.51. Looking forward to hearing more from the company q1.. I feel sentiment is in the midst of drastically changing. Once the infrastructure bill gets approved with 30% direct pay provisions for 10 years, sentiment will certainly be lifted. (This summer). Currently the shareprice is trending bearish. Bullish on the future for me.
Comment by 1condor on May 18, 2021 5:24pm
My average price on this stock is 1.72...so underwater. I like the company longer term...but short term still think we dip back down to 1.40 (my bid is there). If someone bites at my bid that would bring my average down to around the mid 1.50's. I see the ride back up to 2 bucks as being a tough go...so anyone entering will need patience.
Comment by 1condor on May 19, 2021 4:06pm
Not quite down to 1.40 today but getting close..should occur this week.
Comment by 1condor on May 25, 2021 11:24am
Sure looks like today will be the day my bid at 1.40 gets hit. My not be the bottom at that level but still a very decent point to enter or add to a position.
Comment by 1condor on May 25, 2021 2:35pm
That was worth the wait...the 1.40...not saying its the bottom but probably close. Stock should have a better 2nd half of 2021 and could see 1.80 if all the stars line up.