GRY 0.00% 20.5¢ gryphon minerals limited

news flow, page-5

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    Punished as deserved

    The thing that really hurts is when the announcement comes
    not only will it not rebound to 60 cents
    but it will be pushed down further

    This has happened to a lot of companies

    My opinion is shorters and those looking to buy at a cheaper price before letting a stock rebound
    are looking for a ripe cherry

    Stocks that have let shareholders down

    Like when an announcement is well overdue

    Buyers get frustrated and sell

    Those who hold out for the announcement
    even if it is a great one
    then watch as the stock drops lower and lower
    Some then sell out for good
    or sell out to get a lower entry

    Those true believers hold on and watch the SP sink lower and lower

    Then when the buying is done the breaks are released
    Not a lot and then the push down is on again

    I guess its in the timing of the trades

    What I really hate is those that need to know when an announcement is coming know well in advance

    Judging on the price movement there is zero chance
    of an announcement Monday
    and next to zero by the end of next week

    I think all will agree this management sucks

    IMOO


 
watchlist Created with Sketch. Add GRY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.