GGP 0.00% 0.6¢ golden gate petroleum ltd

No wonder there are no negative GGP posts, they all get...

  1. 4,710 Posts.
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    No wonder there are no negative GGP posts, they all get moderated. Been in this game way to long for rubbish games like that.

    Not that I'm ever likely to trade it however I like the base this thing is forming and I think it will most likely have its day in the spotlight; however for a stock to correct a five year downtrend in the space of 4 months is unrealistic in any book. It just doesn't happen like that. GGP is a toy at the moment, daytraders ramping and still on reasonably light volume. History shows (always) that any rally on a base so small is not sustainable and will correct. Time analysis suggests after April 2012 is a better fit.
 
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