GRK green rock energy limited

imo3, page-2

  1. 574 Posts.
    Couldn't agree more shane75. Hot stocks like this will no doubt attract the day traders but don't be fooled, if there is a pump and dump going on it's a short lived event. Day traders would have got out at .10 ish, the share price will probably drift back to fill the gap at .8 (at least that's what I would like to see), but if you believe in the technology, and there's no need to question the fundamentals then this is a long term hold, and buy on weekness.

    Take a look at the chart, all those people accumulating from the beginning of Feb onwards weren't appart of the pump and dump parade, steady accumulation over a period of months, on ever increasing volume (a massive volume increase infact).

    Fundamentals: Fed Gov, and BHP backing, if there is a viable geo resource at Olympic dam both of these parties will be very keen to see it through, massive qudos for BHP and browny points for the gov.

    I taken an investment position in this one (average price of .06.
 
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