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Gold/Mining/Energy : Gimbel Vision International Inc. (GBV - ASE)

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To: Maurice Siu who wrote (131)8/13/1999 10:38:00 AM
From: Cal Gary  Read Replies (1) of 165
 
Good to see some more bids in today for GBV. DS just took out 10000 on the ask at 1.49. Need a lot more of this buying because the technicals are getting ugly. Hard to call the technical on low vol baby stocks.

There is much paper for sale up to 1.70 <unprintable, only market depthsters will know>. Even more yesterday, good thing trading was done at low volume.

After breaching 1.48 neck line, there will be much work to reverse this downward leg. Resistance set up at about 1.50-1.60. Next support is at 1.34 then 1.05.

Something like an announcement of several new US clinics (must be US) may turn sentiment.

Have a great weekend threadsters. I'm probably about done for the day.

PS. Maurice, Good to see you here. I lurk the LSK thread.
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