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Re: dude iligence post# 2453

Wednesday, 12/20/2017 10:49:05 AM

Wednesday, December 20, 2017 10:49:05 AM

Post# of 7538
Good thing I sold the 10k shares of GLNNF yest at $1.83 I bought at $1.88 the day before. The $500 loss would now be a $1200-$1800 loss today, about a 300% increase. I warned about the black spinner last week when the stock could not get back to the level before the long red tail down. It traded sideways for 5 days. Stocks typically will move on the 5th or 6th day. Today we are seeing it take the path of least resistance, lower. Another PromoGuy type advertorial this morning looks like an attempt to prop it up or force a move above the $2 resistance, it acted more like a push near the rounded off cliff as the price falls to $1.7s. They start to sound like a broken record after the first one. Promos got a bad reputation a few yrs ago after so many investors got burnt real bad buying promostocks. Support at $1.8 turning into resistance at $1.8. As Christmas New Years approach volumes will drop, tax loss selling increases, PromoGuy and 3rd PartyGuys might let some .25 shares go for a 6 bag profit to celebrate, stuff stockings and G-strings at their favorite strip club. All funded by the GLNNF long and strong.

Below $1.7 next is $1.6, $1.31ish where the 50ma ($1.33) is now. Below the 50ma, low $1.2s .95 and the real support at 41-.45 with the never tested 200ma .469