Use access key #2 to skip to page content.

IBDvalueinvestin (99.67)

How you know this is a New BULL RALLY & not a Bear Rally.

Recs

2

August 04, 2009 – Comments (3)

During a bull rally, you get individual low float stocks that go up 500% in a week. That does not happen in a bear market.

In the last 5 days GGC has gone from $7 to $40

 

 http://finance.yahoo.com/q/hp?s=GGC

3 Comments – Post Your Own

#1) On August 04, 2009 at 1:50 PM, brickcityman (< 20) wrote:

Funny...

 

If you look back more than a few weeks you'll notice a remarkably similar move at the start of the March rebound.

 

I can't offer a credible explanation for this other than to say it looks to me like someone is trying to give it a "crank start" like you would an old lawnmower... 

 

If what happened following the march jump is at all indicative I'd say this not a stock you want to hold for very long.

Report this comment
#2) On August 04, 2009 at 2:21 PM, IBDvalueinvestin (99.67) wrote:

Yes your right I would sell all of GGC in the $40's and try and find overlooked stocks like IEC, FSIN, VRX, etc. etc.

Look at what IBD rates IEC:

http://www.investors.com/StockResearch/StockCheckup.aspx?symbol=IEC

Report this comment
#3) On August 04, 2009 at 2:42 PM, mikecart1 (99.05) wrote:

I can't believe I missed GGC.  I should of gotten a bunch of shares last week.  I would of made a lot of money. :(

Report this comment

Featured Broker Partners


Advertisement