You could be right. There was a lot of pent up demand for this one today. Finished on its high, up 13%, and there is a heap of orders left unmet at the 73 cent level. It looks like I was too cautious in my purchases of GRY. Better safe than sorry I suppose.
This could run a lot more if the shorters do not have shares to meet their trading requirements, especially given the possible demand following on from next week's conference.
I wonder if DnD still have AMX and GRY on their buy list or if they just told their followers to sell out after losing most of the gains? DnD recommendations have become a bit of a contrary indicator in the last 12 months.
loki
GRY Price at posting:
73.0¢ Sentiment: ST Buy Disclosure: Held
