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ProCapitalism

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02/05/18

04:39

Post #: 32814880
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Originally posted by Cadel ↑

Seems like you are as comfortable about all this as I am. Last year there was absolutely no reason to go down to mid 1’s and stay there for months. It was just plain silly. This time at high 2’s it is not as silly but but there was no reason to come down quite this far, just lying reports and scaremongering. Over supply my a. The smart ones will be all over this before the next launch upwards. That is unless like me they went all out last year, without a cent to spare. When it comes it comes fast. The rise last year from memory went from around $1.5 to $2.8 in a few weeks in September then something like $3 to $4.50 in a few weeks in January.

So my money is on a steady rise to $3.5 over the next few months then well over our last high towards the back half of the year. The instos seem to buy in during spring, then let retail bring the price up in January while they are away on holidays, then when they get back to work at the end of January, take their profits and smash it back down and short thencrap out of it at the same time. I don’t think the shorts won last time, it will be interesting to see if they hold on too long this time.

So by the look of things the back half of the year will bring us SDV funding and better results from MtCattlin.

I think this is my first share price prediction ever.

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First SP prediction??

Welcome to the dark side!

GXY Price at posting: $3.15 Sentiment: Buy Disclosure: Held
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