Can't go too far wrong buying GCN for mid to low 4s, but it may go lower imo before rebounding.
As I stated on Thursday night, Friday morning the sp finishing off an intraday high on Thursday was not a good sign especially after such a good announcement.
The last time it did that it dropped from 6.7, after reaching an intraday high of 7, to 3.7.
Although as Angry pointed out that was on the back on the CR notice.
Longer term it will not matter but for those with a short time frame it may pay to keep your powder dry until it settles again.
T
GCN Price at posting:
4.7¢ Sentiment: None Disclosure: Held
