GBG - Gindalbie Metals

[s3081402]

Next month !...This is the month GBG was to shine, it will still I imagine but dam thats a big pot hole its stepped into and there not alone. Lets hope the Yanks pull up well in the coming days.

You are right Frank this is the month for GBG. All the US fault. Alot of selling lining up today.

 

[YNKWRTNC]

Amid this temporary downturn in the market, may all GBG share holders just take a minute to imagine the joy of Fortescue moving from $8.80 in October 06 to $41.00 in June 07.
Up $23.20 in 8 months.
Sure, there may be some misdemeanor charges involved but who are we to judge?

It may never happen again?

Still, I have a dream......


You Never Know What's Round The Next Corner

 

[Pat]

Amid this temporary downturn in the market, may all GBG share holders just take a minute to imagine the joy of Fortescue moving from $8.80 in October 06 to $41.00 in June 07.
Up $23.20 in 8 months.
Sure, there may be some misdemeanor charges involved but who are we to judge?

It may never happen again?

Still, I have a dream......


You Never Know What's Round The Next Corner

Very ture alphabet, and it's good to dream
I think $1.40 looks like support at the moment, it looks as though a step triangle is forming, does this have any meaning?
By the chart GBG is in some healthy consolidation. Good luck guys... I'm holding

 

[gfresh]

or likewise..

everything is so wild at the moment.. e.g. today.. yesterday $1.40, up to $1.54c this morning, down to $1.375, then close at $1.405 !

 

[Pat]

or likewise..

everything is so wild at the moment.. e.g. today.. yesterday $1.40, up to $1.54c this morning, down to $1.375, then close at $1.405 !

Yeah that would make more sense, learning all the way. So it's still all up in the air? Just dreaming I guess.

 

[barney]

Everythings down 2day, but GBG has been getting some nice "accumulation hits" .............. 200,000 ..... 150,000 .....100,000 shares ................ On a day when nothing looks good, that looks like "smart money" to me .......... Time will tell, but I like the look of it ......

 

[juw177]

Yes it is finding nice buyer support at at $1.35 which was surprising considering how weak and volatile this has been in the last few red days.

 

[barney]

Yes it is finding nice buyer support at at $1.35 which was surprising considering how weak and volatile this has been in the last few red days.

Hi J, I guess considering the general market volatility, it had to affect GBG to some degree, since their rise was pretty much exponential over the last few weeks ............. There was a lot of "big" money going into them at $1.75 only days ago, so at $1.40 they look pretty safe to me ................. Todays price action was very positive imo ........ lots of big orders on a down day .............. Cheers.

 

[s3081402]

While other stocks are taking a beating this one is hanging around $1.40. Cant wait till the report comes out. This 1 will rise very quickly

 

[Bluebeard]

When is the next report/update due? I'm not in this stock but Ive been looking at it for the last couple of weeks, and now I'm giving it some serious consideration.

 

[Sean K]

While other stocks are taking a beating this one is hanging around $1.40. Cant wait till the report comes out. This 1 will rise very quickly

s numbers, please ensure when you make sweeping statements such as 'this will rise very quickly' that you back it up with some analysis in the post. If you have posted the analysis previously in the thread, then please reference it in some way so we know where to look for the details. Thanks! kennas

 

[Nick Radge]

The larger triangle target was met and now having a breather. Still some selling around but the falling wedge looks promising at this stage. We're in from $0.815 and the system remains content being long.

This post may contain advice that has been prepared by Reef Capital Coaching ABN 24 092 309 978 (“RCC”) and is general advice and does not take account of your objectives, financial situation or needs. Before acting on this general advice you should therefore consider the appropriateness of the advice having regard to your situation. We recommend you obtain financial, legal and taxation advice before making any financial investment decision.

 

[The Barbarian Investor]

The larger triangle target was met and now having a breather. Still some selling around but the falling wedge looks promising at this stage. We're in from $0.815 and the system remains content being long.

This post may contain advice that has been prepared by Reef Capital Coaching ABN 24 092 309 978 (“RCC”) and is general advice and does not take account of your objectives, financial situation or needs. Before acting on this general advice you should therefore consider the appropriateness of the advice having regard to your situation. We recommend you obtain financial, legal and taxation advice before making any financial investment decision.

For some reason can't see your chart Nick (interested in your thoughts on this stock though as I hold it..and consider it similar to AGO)

 

[springhill]

I note today that Patersons have re-rated GBG as a sell with a target price of $1.19 quoting " we believe the growth in its market capitalisation has outpaced the growth in value." Hogwash IMO i wont be selling this for all the tea in China. BFS due this month should put a rocket under it or has the market already factored this in?

 

[s3081402]

What is going on with GBG today alot of people jumping off the wagon. Hopefully the report will come out soon to give this one a boost.

 

[springhill]

I note today that Patersons have re-rated GBG as a sell with a target price of $1.19 quoting " we believe the growth in its market capitalisation has outpaced the growth in value." Hogwash IMO i wont be selling this for all the tea in China. BFS due this month should put a rocket under it or has the market already factored this in?

Yes, well, next time i think i will just STFU and keep my opinions to myself and like a stubborn prick im still not selling, should be buying at $1.09

 

[EZZA]

whats going on with gbg, getting slammed big time.

didn't set up any stop losses, thought it might hold around the 1.40 mark.
in hindsight can say i should have stopped lossed this one a little of this mark.
have been holding this one from 0.9 to 1.75, now at 1.10. god dam this is painful. very time i let profit dwindle i tell myself i should have pocketed the profits. shoulda coulda woulda, but i didn't.

wonder what it will do tommorow. hope it doesn't drop off again, i see nxt support at around a 1.00.

anyone with any thoughts on this stock in this environment, or people hesitant to buy back in or does anyone think should be exiting?

i know feasbility study it coming through end of month hope the market responds positively to this, market is really getting punished.

 

[Pat]

I think the market was a bit harsh on GBG today... LOL.
Evaluating my position now, licking my wounds
This could just be one of those blips on a chart, where you say, "geez, that was a good time to buy".... wishful thinking.
The SP has broken the bottom band so you could say $1.20 is on the cards for tomorrow, It should come back within the bottom band.

 

[kevien]

Today we see lots of liquidation in resource sectors. Not only GBG is slammed but also other stocks in this sector. It will rise if we are confident the aussie economy and all the fundamentals are healthy. This correction might take a bit longer than we initially thought, however, it should be a big depression.

 

[EZZA]

yeah, market shouldn't take a little while to recover, was watching 7.30 report on abc. volatitility expected over next couple of months. expecting consolidation after the market settles down.

market have pulled back about 10% could possibly pullback to 15% some believe.

i hope sentiment changes quickly on this one, for all you gbg holders.