GSF 0.00% 0.1¢ gsf corporation limited

agm 1 hour away, page-16

  1. 34 Posts.
    As many times as I have seen a stock price increase after an AGM, I have seen stock prices depreciate after AGMs. The holding of an AGM has no bearing on the stock price, only the news. And then again, not just any news, but unexpected news (positive or negative). With so much of the "positive future announcement" already factored into today's price, I don't see the share will be as responsive as everyone thinks.

    Oh, and I think the trend lines in the charts in the other thread are too bullish. If you take the trend line back a step, you will see that the trend decreases in angle and that we are not at the bottom of a channel but in the middle.

    I hope I am wrong, but I feel that 9.5c would have been a good time to take profits - unless, of course, you want to be a long term investor in a seafood come copper company. :-)

    CP.
 
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