GTNR...
I though I would share my interpretation of GTNR's two year graph.
Caveat, I don't own any at present. This is my personal opinion of GTNR's history, and because it has such a symetrical past, it could easily project into the future IMO. It is not based on any F/A .
2 year, daily price graph.
JAN 98 low = sep 97 high,
july 98 high = nov 97 high + $1.5,
oct 98 low = nov 97 high
jan 99 high = nov high + $1.5
april 99 low (last week) = july 98 high
july 97 low .5 , nov high 1.5 = 3x
jan 98 low 1 , july 98 high 3 = 3x
oct 98 low 1.5 , jan 99 high 4.5 = 3x
97 low - 98 low = 8 mths, 98 low - now = 6 mths
97 high - 98 high = 8 mths , 98 high - 99 high = 6 mths.
As you can see there is a very geometric pattern here, that is if around last week was the low. All the above #'s are +/- a few % points of course , as we are looking from the 30,000 foot level.
The future? if this pattern and the company's earnings increase at the same rate , It could THEORETICALLY be $9, within 4 months. ( which is a simmilar $ figure I have seen mentioned on the thread )
Scouser
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