“SP momentum usually tells the story and it's definitely moving up on large volumes. The big shareholders have been massively adding to their stakes at these low levels even after taking up the placement @ 30c so I'm guessing they're no slouches.”
Unfortunately I’ve also seen this logic fail in these situations a few times. I suppose it’s about personal experience and risk tolerance and portfolio weighting, which is what makes us all different as investors/traders. Esh
GCY Price at posting:
14.5¢ Sentiment: None Disclosure: Not Held