Gib Cap Group Inc (GIBX)

[ancalagon]

Don't need a chart. Just watch the action on L2 day after day. No bid support. Everyday - lower bid support and less strength on the ask.

Unless there's an update from mgt., no reason for this not to go down. The decline has not been from retail. Either mgt. or YA has been selling...not huge shares lately but enough.

This is the reason I'm not buying now. I like to catch good stocks when they're cheap...but this doesn't look cheap until we get some updates. It's true...if you wait on updates you'll miss out on a little gain if good news comes. However, a 400% gain will not bring a lot here back up to even.

Let's see what happens.