Replies to post #428 on GMX Resources Inc (fka GMXRQ)

[highlyleveraged]

Its a gamble doesnt really have much to do with peeling the onion back. People are finding short term resistance and support and simply trading those levels. I would not get to wrapped up in the longevity or business plan of this company guys. Just trade it

[fung_derf]

Wall St usually doesn't lie. I have a very hard time justifying the risk of 100% loss. JMO, of course.

[TheProfit]

Agreed, I'm perplexed as to why the preferred shares are trading alot lower than than the common shares in this company..is mr. market wrong or is there something I'm not seeing? Hopefully we will get more answers soon..
Glta