Well Jaded, that sounded pretty negative. The kind of negativity that makes me think now is the perfect time to but. To my eye, last Thursday's long candle wick suggests that a reversal is in play. Monday say a marginal new low however this created a bullish divergence on the RSI. MACD also crossing into positive territory. Longer term higher double bottom remains in play.
Personally I agree with managemements policy of not worrying about the sp and just concentrating on the job at hand. The shareprice will eventually catch up to the performance and future outlook of the company.
IMO I believe that these current price will NEVER be seen again and provide an excellent opportunity to get on board a company of the future. As Alan Kohler mentioned recently, it is those people that hold electricity generating companies that are going to make a lot of money over the next 5 years.
GSL Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
