simple logic here friends ... very light volume on a down day ... nothing special. On the contrary, its bullish sign imho, so close to expiration!
One thing I can clearly see and believe here though: GMGC has a better chance of tripling to 15 by year-end, than AOL or MSFT has! Its a risk -reward calculation.
And for those, who may be afraid if its gonna go under ... forget it; its not gonna happen. A long term chart shows a strong support at these levels. If you can stomach it, rewards are there for us to enjoy later. Right technology, right sector, right company and beautiful product-line which has a potential to generate extended revenue stream for a long time to come. If the big man Barren Wuffets had a high-techy geeky grandson :-), he would certainly get into this kinda company. Meanwhile the pain and frustration continues as usual for the GMGC longs, nothing unfamiliar here. May be management thinks that even if they take it easy for a while, after a few PRs in a row, it will be alright; on the other hand, the instant gratification oriented investors demand daily rises in this day and age. And its always a mystery who wins these battles. Some bunch of folks are patient, and their company wins out on their support, while sometimes, the impatient holders win out, so to say, by raising their voices to let the management know that they need to get off their butt now, and start cutting deals even more aggressively. Nonetheless, the object here - the product - is very sound, and that will win the battle any day, over other issues. All imho. Yes, go GMGC! :-)
cheers,
-/Sonny. |
