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EastCoastCdn

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EastCoastCdn

Re: Harry post# 59

Wednesday, 11/11/2009 9:31:15 PM

Wednesday, November 11, 2009 9:31:15 PM

Post# of 84
I have my thoughts opinion only,

Well first of all I am in the red now, but I am not letting them go.

I believe that there is too much retail. The slow decline I hope is institutional buying(slowly). With mainly retail getting bored because the price didn't "Go to the moon" I believe most are selling and moving on to the next best thing.

I hope the price will steadily rise as (a) the retail that were hoping for big gains finally move on (b) more news on Covidien and (c) this stock starts to get some analyst coverage.

I am holding long

I am however very surprised with the recent pullback. I figured it would settle out, but I thought .40 would have been the floor.

GLTA
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