No doubt the underwriter is capping this stock at the moment (selling through e-trade. 77 mill shares so far)), but having been through the volume, I see 300 million shares + have traded since the stock hit the market (25 feb) so this overhang must be very close to being taken out!!!!. I am guessing clear air is brewing, another few high volume days and we should have lift off.
3.5 cents is the target.
GGP Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held