Sold at 2.0c. Hoping to get back in at 1.8/1.9c.
From my experience most spec stocks that have a cap raise at x price will eventually (in short term) pull back close to the x price. Due to profit taking, etc.
Yes GGP appears to heading in the right the direction but I have seen a lot of these fund raising activities with this company. The price more likely than not will pull back to that price. No negativity intended just providing level headed opinion.
If the price does not retrace then more power (and profit) to all who will participate.
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