GNC 0.69% $8.63 graincorp limited

sell-off overdone?, page-3

  1. 2,602 Posts.
    asf, they did not get it wrong. They posted it early today and did not bother to update the article later on today as the SP plummeted.


    I have been in and out of GNC numerous times recently. With the SP getting hammered I would not rush in yet. My view is that the SP will pull back a bit more and then enter into accumulative phase for a few weeks before any bounce happens, Many stocks displayed similar behaviour and somehow I think GNC will too.

    I will happily go long if it falls below $6.50.
 
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