GBG 0.00% 2.9¢ gindalbie metals ltd

head for the hills, page-13

  1. 52 Posts.
    There is money to be made on blue chip stocks at the moment. Banks have been oversold and people are waiting for a signal to buy. Whether it was the strength in the US finaincials last night, maybe. But money has gone back in to banks and the financials. This has shifted oppurtuistic money from resource stocks to financials. Short term there is a better prospect in financials, so that is where the money goes.

    GBG has been a short term traders dream doubling in a short time. however these traders are now out and down it goes as quickly. Sentiment shift for the negative. GBG will drift for now till sentiment shifts again where it will run quickly again(maybe)

    If your long term, don't look till production, if your short term then look for an entry point that you beleive is good value.

    I'll be waiting for the low mid 80 cent range for an entry point. otherwise GBG runs quickly and i'll look for consecutive days of gaps closing on
 
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