GBI 0.00% 16.0¢ genera biosystems limited

BochmanI wouldn't get too stressed about AEI taking some profit...

  1. 118 Posts.
    Bochman

    I wouldn't get too stressed about AEI taking some profit here.

    I hear that they still very much like the longer term prospects of GBI and the rest of their holding should stick it out for the ride over the next 6 months or so.

    After speaking to various brokers who follow the flow in GBI, my guess, and it's just that, is that they will sell another 350k odd shares and then their selling line will be finished.

    After their selling completes I think the SP will pop up to new highs.

    Remember the wider market has come back nearly 10% and GBI is holding well in this circumstance, intuitively that by itself tells you as soon as AEI finishes selling their line the SP is going to pop.

    Rgds

    Prof
 
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