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Bullboard - Stock Discussion Forum Wheels Group Inc GRFJF

GREY:GRFJF - Post Discussion

Wheels Group Inc > nice move into 3.90 +
View:
Post by comgeekrs on Feb 27, 2008 3:11pm

nice move into 3.90 +

But I fully expect it to trade between 3.78 and 3.88 for the next 2 - 3 trading days.
Comment by SkyeCairns on Feb 27, 2008 3:28pm
Technical Analysis puts it at 4.40 - 4.80 in the near term. But it won't stop there as the Chairman has indicated once its considered a producing company the multiple will increase almost instantly. There is even the possiblity that WGI's multiple will be higher than its peers as there is little or no Sovereign risk. Gook Luck to All.
Comment by comgeekrs on Feb 27, 2008 3:49pm
I don't doubt that WGI will move 40 - 70% higher from here in the next 3 months. However the way that WGI has been trading, it makes moves into 0.60s, 0.70s, 0.80s, and now 0.90s only to be followed by a few days of 10 cent lower range accumulation.
Comment by hardknocks on Feb 27, 2008 4:01pm
It seems to me that WGI moves against the grain! On most down day's it stays steady or moves up and vise versa. A good safe stock to be in.
Comment by thedave2006 on Feb 27, 2008 5:56pm
great for true longs. dave.
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