GBG 0.00% 2.9¢ gindalbie metals ltd

watch your screens today -shorters last stand, page-13

  1. 11,230 Posts.
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    Roger - very good question. Obviously the price has to go up, or you have to be a very nimble trader - which I am not.

    At least dip buying is strong at 24c. This has been the worst IO exposure recently, but bad news can be good news in the markets depending on timing.

    I think as long as support keeps rising (from the recent "bottom" - was 23.5 - now seems to be 24???) we will have to wait for an announcement to kick things along. Alternatively the sellers are either going to run out of stock to sell, or they will realise they don't need to be quite so keen or desperate, and can probably sell at a higher price than currently.
 
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