GBG 0.00% 2.9¢ gindalbie metals ltd

OB I wouldn't buy at current levels.This is a moderate high for...

  1. 13,366 Posts.
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    OB I wouldn't buy at current levels.

    This is a moderate high for gbg and the market I am now convinced is going to at least have a significant correction. A crash, from all of my research, seems unlikely but short term buy/sells (over next 2 months) of almost any stock are going to be burnt (sorry for the pun).

    There will be another entry point for gbg and others as it doesn't have strong support yet IMO (including me and I think highly of gbg). I still hold that gbg mid next year will be good however talk of huge increases this year I do not think is going to eventuate as I thought it might do.

    I can't be more open than that OB.

    I am (mostly) out of the market atm and in waiting. I do not hold any gbg atm.

 
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