there exists a 'possibility' that genz will buy gztc back at some point... someone with more knowledge will have to fill in the gaps in that statement. maybe it's a way to play trans, i really am not sure. i think genz is probably a good investment on its own.
the support level on gztc would appear to be around 13 - a good buying point if we ever hit it again. it has no support whatsoever in our present nosebleed-type territory, but that doesn't mean it will sink much either. today's vol was, i think, the heaviest ever. breakout du jour. maybe some of this is institutional nibbling. the float is so thin compared to this kind of activity that i am astounded.
so, who took a little off the table today? confess, i won't tell a soul. i was sorely tempted, but everything i have sold recently has then proceeded to double in the next few weeks - or days. e.g. mict, zran. wish we had dallied longer somewhere along the way. maybe we can spend a couple weeks in the lower 20's - i love a good base.
anyway, good hunting. took a stab at a few hundred cyto today. these damn stocks go from 3 to 100 and you wonder what happened. i am willing to ride along. don |
