5GN 1.67% 15.3¢ 5g networks limited.

should breakout this week, page-19

  1. 2,906 Posts.
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    jbmurk....do you still call this as a strong breakout,I don't think so.
    People got excited last week when it got to just above $1.70 but since then has been closing most days on its daily low,not a good sign.
    The clever sparrot says the market is plain stupid,but the market carries a lot of weight/influence.
    Of course the stock is undervalued and there's possibly a few other stocks also like this but needs some drilling success and reserves built up for confidence to be shown and to get a sustained sp rise again.
    Patience should be rewarded some time and thats when the parrot will be squawking again and saying I told you so,but in the meantime,there are a lot better opportunities elsewhere ,where the smart money is going. Still plenty of time to get into arq.
 
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