GPM 0.00% 88.0¢ geo property group

sell??, page-2

  1. 502 Posts.
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    Depends how you like to play the game Jennidarren. Theres opportunity cost to consider- anything else needs to have a better risk/return profile. Here are some ramblings to make your decision even harder.

    Reasonable volume is cycling through at current levels. Thats good. It's also impossible to guess short term trading movements(or I'm no good at it).

    What I can say is that there's plenty of theoretical upside. Provided continued good results are posted, confidence will build. The confidence of holders is the critical thing with Geo. Geo need to prove themselves so that people are absolutely sure the bad old MFS days are long gone. With their new strategic focus and actions, I'm personally confident that's the case. The market might be edging closer to that conclusion.

    Many holders probably have an idea of the underlying value, but lack strong conviction. Imo the primary driver is likely to be resistance from more confident sellers, withdrawing to higher prices.

    Theres also a factor at play which suggests corporate action this year. Only my speculation though.

    And only my opinions. Good luck.
 
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