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Strategies & Market Trends : Natural Resource Stocks
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To: JimisJim who wrote (42395)8/3/2006 1:23:14 AM
From: critical_mass  Read Replies (1) of 108811
 
GSF - The volume in after hours trading was insignificant.

Looking at the earnings release, some have said that revs were a bit light, but more importantly, the income, not including insurance payments came in at around $0.75 per share rather than the $0.86 expected.

Looking at the chart, yesterday produced a black candle that could be a reversal. The peaks at $60.98 and $58.86 along with yesterday's peak of $56.09 make a fairly straight downward sloping trendline.

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