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Thursday, February 17, 2011 10:41:07 AM
I expect the financial disclosure and movement of GRNO toward becoming fully reporting will drive this stock up shortly and we will not see these levels again.
Ditto. As I and others have noted, .08 seems to be a definitive bottom. Unfortunately, the trendline is sloping upwards gradually, but it's a bottom nonetheless and stocks only trade at the bottom for so long before lifting off. I believe that by mid March at the latest GRNO will sustain some sort of a liftoff, probably into the mid teens IMO.
GL & keep the faith. Being long anything positively impacted by higher oil prices is one of the safer bets in the market IMO. It's no wonder the cluster on the bid is much thicker than it was just a week ago. Fortunately, longs seem to be waking up to the fact that selling at .08 is idiotic and fewer and fewer are willing to do so.
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