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Let's hope on GRVY. In a normal

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hweb2 Member Level  Friday, 11/10/17 04:13:37 PM
Re: researcher59 post# 41010
Post # of 41663 
Let's hope on GRVY. In a normal market, I'd totally agree with ya. But we're in a market bubble right now where junky stocks like CREG are soaring on massive volume. Like something straight out of 1999.

I found the GRVY earnings disappointing (biased opinion ha). Revenues down 12% sequentially, net income down 24% sequentially. The crazy run from the $40's to the $70's since that report last Monday has made zero sense to me. But GRVY still has fundamentals that are a million times better than the trashy stocks that are flying. So maybe we've only seen a healthy pullback on GRVY the last couple days...before the stock resumes its climb to the $80's and beyond. If the markets keep rocking thru yearend, things are going to get even frothier.


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