I can't say that I'm suprised about whats happening with the SP.
The late run last week was a bit suss, and when I saw that happen, it was obvious that the positive news was being factored into the price, and when the BFS and other updates were announced, the SP only had a marginal 10-15% jump as opposed to the 25%+ jump before the ann. C'mon!!!
The real success of GBG will be in 2 years time. But at this moment, traders will now jump on this stock and smack it around a bit, would not be suprised with 10%+ range swings daily. The next real ann. is not coming till the end of the year, so thats 2-3 months of idling.
Further, what happens come Sept 18 the US Feds don't cut rates.
I'm going to wait for re-entry at the next major correction, or only buy back in when it breaks $2 which won't be for a while - maybe Q1 08.
DYOR
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