I think there are many investors who sold @ 70, 60, 40 and 34c sitting on the sideline waiting for the solid confirmation. and i guess today's 25% rise was some of them decided to jump back in because think the sp has bottomed. and then the + sp movement caused others to jump back in as well.
would it continue to rise back to 60, 70 and $1? don't think it will. not until a solid material result is released.
Anyway.. it's nice to see that finally a support line has formed @ around 35~40c.
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
