QUOTE(sharesa @ Feb 10 2010, 12:14 PM)
if there's a special divvy for GenM, I think we can roughly find out how much divvy base on GenM's closing price today. (just like what happened to CSC steel's price)
Now, maybe the people in the accounting side with their friends and relatives buying in.
Just a hunch, otherwise ignore.
looking back at GENM price, she seems to be comfortable at the range of 2.8xNow, maybe the people in the accounting side with their friends and relatives buying in.
Just a hunch, otherwise ignore.
the big fall from monday & tuesday make GENM fall to 2.69 lowest, i find it to be natural to go back up to 2.8x range.
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winding back a bit
on 5/10/2009, it open 2.71, lowest 2.69
on 19/10/2009, it slowly crawl back to 2.87 highest, then floating within the range of 2.7x-2.8x, until the recent fall.
GENM has good support at 2.69
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unless we see GENM price surge to 2.9x or 3.00 & above, then something might be cooking
Feb 10 2010, 12:23 PM
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