Graphene Manufacturing Group Ltd V.GMG

Way oversold at these levels. Starting to buy here.

[pecuniam]

Buy when everybody is selling. Sell when everybody is buying.

[uggg]

I got filled a $2.3. Might put another bid when iTrade comes back online.

[Stocks2Go]

Totally agree. Only last week GMG hit $4,00. Looking for a big bounce this week. 

[uggg]

Picked up more at $2.26. Sometimes you have to buck up. A broker friend once said to me, "Buy until you puke", lol.

[pecuniam]

I've loaded up 30,000 shares between $2.20-$2.32. I'll buy 20,000 more if it drops to the $1.80-$2.00 level.

[pennyflipping]

I would have said this was way over bought. I watched this explode up and was going to wait for a healthy retracement before I jump in. I'm also not so convinced their battery tech will be commercially viable for a while yet. (which is the likely reason for the downturn in the SP)

[hipfner]

I'm impressed to see they anticipate having battery cell samples ready for shipping around year-end.  The fact they have zero rare-earths makes this a compelling speculation.  Looking for a quieter chart to buy some.

[uggg]

Pennyflip, I've looked at things, thinking like that, only to see them explode. If they were wrapping the batteries up & selling them today the market cap wouldn't be a paltry $170M cad. I think they are priced more for their graphene manufacturing not their battery.

[Bookworm28]

pennyflipping - I agree. Way overbought. I did buy early, and made some good cash, and I really do like their battery technology. I think it has a good chance of becoming "the" disruptive force in the battery biz, but they've gotta move on it much faster. Paying the U of Q $150K over 3 years is too slow. There are some other compelling and competing technologies that are moving fast