I put forward this chart on SANDFIRE for reference and educational purposes only and also in an attempt to highlight the differences between trading on EMOTION as opposed to trading on FUNDAMENTALS/TECHNICALS. My basic premise is you trade the SHARE PRICE and not the STOCK or the STORY behind it. In the short time that I have been on HC I am rather amazed at the amount of DETRITUS and ABUSE and UTTER BULLSHIT that emanates from this site. In response to MIRANDA re SANDFIRE, those who bought in at $1.12 in NOVEMBER 2006 and rode it all the way to the bottom to 5 cents in MARCH 2009 [I am sure the majority of us have been down that path before; it can't go any lower], are probably paupers rather than millionaires. So here we are with GCN ,it has no future [price wise] until the share price closes above 7.1 [ shortly or in the next 3 years] and then above 19 thereafter. So trade the share price as the 'SMART ONES' do, who trade [profitably] on your YOUR emotions, not their own.
GCN Price at posting:
3.1¢ Sentiment: Hold Disclosure: Held
