movement at the station, page-49

ChrisWR

To answer your question on the other thread.

To be honest with you I haven't done any research on this stock ...hence unable to provide a constructive opinion.

Had a quick look at some info and note the following:

52 week high 0.087
52 week low 0.009
Yesterdays Close 0.014

75% of shares held by Top 20 shareholders.

Hope you didn't get in at 0.087.

Last day with decant volume and number of trades was 3 Nov 2011 and closed at 0.017

You need to be comfortable with your own risk/reward profile.

When buying spec stocks I always take the view of not putting in more money than I'm prepared to loose.

It's like putting money on the horses...you wont back a winner in every race...but how sweet it is when the outsider come home first.

Another stock (with a similar trading pattern) that jumps out at me after having a quick look at GRM is LEG.

I have cautioned holders of LEG to watch out for the classic pump and dump...the last big pump and dump was late 2010...disclosure I hold LEG stock.