Not a good sign now that a good support at 4.3 was lost. Selling...

Not a good sign now that a good support at 4.3 was lost.

Selling volume was not very high, I would say moderate at over 6m, but sellers were committed.

As I felt last time 2, its very difficult now to say what is happening. The general resource stocks also not doing very well in last couple of days - so is it related to that, or G88 specific or just normal behaviour of how a stock plays? Its not possible to predict nowadays even for billion dollar stocks, penny stocks all the more difficult.

Personally - I had one lot at 4.3 that got hit, I was hoping it will rebound from there. Was tempted to get more but left it. This buy was of my trading stock that I had let go some at 5. I still have not bought back all. But now I will wait to see where its heading. I still hold the lot I have bought for long term at around 4.5 average, so slightly under water now.

So what will happen now? Don't know, playing in a mixed zone. For some it may look like weakness. For others it could look like levels many had thought they may buy if it reaches here. Lets see. I have a feeling I will buy back my trading stocks shortly - not sure lower or higher. Lets hope we move back towards 5 for now with news flow to start shortly. All the best.