Hey Rowbray,
This was bound to happen. GWR has been languishing for 5+ years. It spiked up 500% in a few days, that is not sustainable. The company said there was no REAL news other than the fact that it owns ~12% (plus options) of TGN which went from single digits to ~50c. This of course would increase the value of GWR even without any other assets and cash in the bank.
I ask you to look at one thing. Volume.
Volume up to 40c was millions of shares. Down to 20c was not even 500k. This is not a short term hold. They have lots of things that they are working on. This is an easy stock to manipulate if you have lots of shares because there is no liquidity. You can move GWR with 100k shares 20% or more sometimes..
Im holding... or is HODLING now.. hahaha
All the best and DYOR.
GWR Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
