GDN
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0.00% 1.7¢ golden state resources limited

today's trading

  1. brainybull
    864 Posts.
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    19/05/09
    12:03
    Post #: 5180449
    Today's trading pattern does not mean anything. Some people are blindly trading to get in or out at their target prices.

    If there was anything sinister the GDNO buy at 1.7 million would not be standing there. This has just been put in and is good news. A person with insider info would have sold out.

    There will be no substantial movement until there is an announcement. An announcement with general information will drive the price down as people know that any gas shows are quickly reported with generous superlatives.

    Best to wait and watch than sell at this stage.
    Once there is an announcement. multiple lines will be cleared either way depending on gas shows or problems/no shows.
    GDN Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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