re: att: alpha charts v's fundamentals Hi tracker,thanks for...

re: att: alpha charts v's fundamentals Hi tracker,

thanks for your observation though I must say that thi is one of those cases that proves to me how much more valuable charts are than fundamentals.

The problem here is that the charts say that GTP is not going to be making new highs before it makes a series of further lows and the lowest of those lows currently predictable from the chart is $2.25.

Yes, $2.25.

Next support and bounce should occur around $2.78.

I'm buggered if I can see what is wrong with GTP but it doesn't really matter does it. Whilst its not known to all the big boys have made the most of the chance to unload on the unsuspecting punters.

Those big boys include the beloved Chairman who took the chance to help 'increase liquidity' by quitting a substantial block of his holding at the peak. He doesn't seem quite so generous now does he ? (as I also predicted at the time...)

Looking in the rear vision mirror of fundamental performance GTP seems just dandy though.

Cheers,