ximing ths share price is low for a variety of reasons. Firstly there have been delays which have effected the momentum going forward. Wi Fi and P1 have taken longer than what GCN would have liked. When a stock has had a good run over a short period of time there will always be profit taking. AS the stock continues to drift further down some people begin to panic and forget the reason why they bought the stock in the first place. The herd mentality kicks in and before you know it people are selling because they see other people selling. It is still a speculative stock and will be until the company can illustrate that they are producing revenues and eventually becoming cashflow positive. As I said there are avariety of reasons. At the end of the day always remember, for every share that has been sold today someone on the other side has decided to buy. I must declare I have picked up a few more of them myself. Good luck to those that have taken advantage of todays prices.
GCN Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
