Replies to post #8987 on Grapefruit USA Inc (GPFT)

[TMG49]

Someone on the Yahoo board (I know, I know) posted that there were two institutional buys this morning. Can anyone on here confirm?

[kinlaw]

You would be wise to hold on buying at this point. We closed below the .38 (200 MVA) yesterday so I would expect this to keep going down. Today is just a small correction before we go lower. I will be surprised if we close above .38 today. We will see .25 and unless news comes out soon this thing will see a dime before we go back up. Just my opinion. The charts at this point says it all.