GBG 0.00% 2.9¢ gindalbie metals ltd

I just remembered that few months ago, an Indian Broker house...

  1. 314 Posts.
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    I just remembered that few months ago, an Indian Broker house did a forecast on GBG pricing it at 19 cents. I think GBG was over 40 cent. I thought they must be crazy but we are there now. Still I think Fundamentals are good similar to MGX. These companies are being played by CFD and Hedge funds players.

    You only need 10 brokers in a same company with private CFD accounts of $50K each (power to buy/sell 10million shares. They can take the SP down as much as they wish and perhaps up again.

    Again it is the Company should comes up with an announcements to counter these guys.

    I am surprised why GBG hasn't shown their presentations in the last week conference.

    Anyway, hope all of us would get out of this situation soon.
 
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