GRK green rock energy limited

Couldn't agree more shane75. Hot stocks like this will no doubt...

  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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