looking like a buy again

At last GTP has touched 61c which is the retracement from its recent high.

Just for those that have in the past chosen to have shots about, or try to misinterpret my GTP posts, I will make this post clear. quote -

"GTP is a buy at 61c bearing in mind that a failure at this price would signal a fall to 55c.

In the current market I personally will not buy just yet as I think gold stocks and bank derivatives will be better short term trades.

However GTP should yield a 10% fully franked dividend in June suggesting that further falls are unlikely."

end quote

And for those who bagged me for selling out a while back when GTP was trading at 67c and TIM was trading at 57c I offer you the following link which I'm sure you will enjoy....

GTP Thread

ps, TIM is a buy around 51c but even though its up today the chart doesn't look so good. Gut feeling.

Cheers,