tradeideas prediction target @ $2.20

These guys are really 100% behind their prediction of GTE hitting $1+ very soon........I hope so too.

This is just a snippet of the entire article that they have reprinted & reposted to their subscribers in this mornings newsletter.

They must have some knowledge & access to the directors, otherwise GTE would not have been on its "Explosive Stocks" list for the last 4 weeks.


"The share price has been consolidating its gains of 2010 over the past 9 months with a move through the record high of 55c tiggering the next major re-rating in the share price. On completion of such lengthy consolidations (especially in mid and small-cap companies) the subsequent rally is often many times the existing high. This therefore suggests that targets to $2.20 (4x) have real potential. The acquisition of a project to the value of $100-200 million will have the capacity to have that kind of impact."


I've got a good feeling that there is an acquistion announcement sometime this week !!

My Position: BUY BUY BUY ..............all imho :)