GCL 0.00% $3.54 gloucester coal ltd

what is the problem

  1. 6,277 Posts.
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    Gloucester Coal has been performing like a dog lately

    Im doing my Warren Buffett impersonation & ignoring the market 'cos they are a good stock, earning good money, in an easily understood industry, where there is a shortage of supply and increasing global demand.

    Obviously I should have done a wd gann impersonation or waved at elliott or something cos Im loosing big bucks ( although they are still below my original buy price )

    On the other hand, I might buy a few more.

    But seriously can anyone who cares to look or has an opinion tell me what is FUNDAMENTALLY wrong with GCL...

    What am I missing

    Cheers

    Bendigo
 
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