re: Ann: Project Approval and Business Licenc...
OK, thelynxx. Thumbs up from me. Just one further note: I stake my belief on the notion that the reason the sp got as low as it did was not "natural." We watched a month of activity that can only be described as manipulative. Every attempt that the sp had of becoming buoyant was dealt with methodically and clinically.
In fact, I don't believe it's over. They're still at it. My hunch is that someone is trying to keep the 30 day average price low for whatever purpose that might achieve for them. I can see no other reason for the steady suppression which used the relentless sale of sub-$1000 parcels as its m.o.
Volume has been increasing with the sp, and that in my experience is not a bad thing. No crazy spikes recently either. I believe that the big plunges GXY suffered over the past weeks was opportunistic, with the accumulating party driving the wedge deeper when it could on a Dow horror day.
Never a dull moment on the market, eh? Cheers back. ST
GXY Price at posting:
43.1¢ Sentiment: Buy Disclosure: Held
