tooo volatile for me mate... the chart is some what scary... I understand of late the concerns here with GMC, and though I can run down companies myself at time something is a little dodgy here.. Im lucky to have exitied when i did IMO... thought i got out to early to be honest... got a little lucky after all
Im not saying its all doom and gloom.... but the SP is played constantly here due to easy pip trading via volumes and easy 10-20% games, well orchestrated pumps and dumps... such will always be in play with massive amounts of shares on issue... easy to scare holders out of shares when flashing big numbers on a screen to intimidate...
happens tooo much in the world of trading...
back below 1.6 which was proving to be a strong resistance for along time.... too much volatility here with the story of GMC not unfolding as portrayed... political issues are always a night mare... the volumes of august portray some serious pump and dump play... but hey I only hold a crystal ball, sometimes its foggy, sometimes its clear as water and so transparent, sometimes I bounce it like a basket ball... I have no predictions from here as politics is annoying as #@$%....
1.4 does look on the card though, be interesting to see the orders change in 1.4 when touched..