GPE green pacific energy limited

I believe it is JP Morgan just offloading the rest of their...

  1. 71 Posts.
    I believe it is JP Morgan just offloading the rest of their holding. Check the announcements ... they have looked like they want out since the price hit 1c last week ... but also DONT ignore that for the 10 mil that was dumped, someone was there to pick it up.

    Insto's have their own rules, and I believe that they have been trying to get out because it does not look good on their books to have a stock which has such a low share price, and on a continual downtrend on the charts.

    I go with the trends, and it looks like it hit its low of 1c, and possibly a new uptrend is forming.

    anyway I took a punt based on the usual basics of a rise in volume and new trend line forming .... so far it has paid off.

 
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