News Focus
News Focus
icon url

Must Be Patient

01/27/10 7:51 AM

#643150 RE: fabian #643145

Fabian, one more number on GFRE to keep in mind: $8.50. That's the price on the shares financed in December. If it gets there (big if), the previous buyers at that price may provide good support.
icon url

JimQuinceH

02/24/10 3:05 PM

#645374 RE: fabian #643145

FABIAN, My numbers look like the market is headed down into the 8 Week Cycle Low due March 10th or 11th.

Your GFRE hit $9.11 then bounced to $10.79 but appears to be heading south again. It looks to me like GFRE will take out that $9.11 low but I don't know how low it will go. The 200 day Moving Average doesn't appear to be completely out of the question.

We Will Know In the Fullness of Time

Jim