It's so refreshing to finally see some cogent, intelligent discussion on GTN. Placing the interloper on IGNORE makes all the difference...
It is my understanding that any version of the "cup" pattern has some technical requirements; 1) that the stock's cup should decline from its peak to the low, no more than 30% to 35%. GTN's high to low is currently 61%. It is true that during bear markets, this number can run as high as 50% and still work, but I don't believe that we are in a bear market...do you??
The breakout should have at least a 40% INcrease in volume, but this in and of itself cannot be viewed as a green light, as I understand it...
Does the stock rise during the morning then have some sideways action during the noontime hour? That's O.K., even stocks take a lunch break.
However, during the afternoon, does the stock hold its gains from the morning trade(?) OR does it begin to give them back, on high volume to the downside? If it does, the breakout might be suspect.
If the stock closes BELOW the breakout point, it is generally assumed that the breakout was a failure
You lie about your military service to our country, you lie about you ownership of GTN stock---you lie about everything.
You are a despicable swine...go back to sleep and dream about the tragedy which is your life...QRT.
I fought in Iraq, did you fight anywhere? Funny how you treat us and make fun of our mental illnesses
Volume 163,630 is very light at 11:30am
There is slow consolidation going on, but it is getting closer every day for this act to be followed by next leg up.
With volume very light and Columbus Day on Monday, Oct 13, 2015, some traders will take early day off.
Market is open on Monday but volume will be light.
Europe closes soon and foreign selling will be over.
Have a nice weekend.
Just happened to catch your post. I exposed this nutcase a long time ago and put him on ignore after revealing several of his aliases. Go back about 6 months and read the EVC posts if you care. We found he was the best contrarian indicator in the world. Do the opposite of what he says and you will get rich. He intentionally attacks people. Either put him on ignore or NEVER respond to his posts and he will go away........or change back to one of his many aliases. He gets his kicks this way. You are wasting your time and feeding whatever lunacy he feeds on. DaninFW
"This is America, freedom of speech and all that other stuff."
boston, I've accused you of saying some really dumb things recently...and I was right---you have; they were all really dumb. But the one quoted above from your asinine post yesterday, tops all of the stupid things you've ever said on this message board!
Have you any idea just how many young men and women have given their blood and their lives, fighting to defend and guarantee YOU the rights that you take so casually and take so much for granted, so that you can enjoy "all that other stuff" too?
STUFF? Is that what you call The Bill of Rights? The Constitution?
What would your parents think; if they ever knew that you, their son, disgraced them so deeply by what you wrote?
How hurt would they feel? Why would you say something like that?
I am so sorry for them.
It is not a down day, more stocks arp up than down. Market participants look at the over all picture and individual spending worthless contribution.
Readers should evaluate message to see if they should, buy or sell or sit on the sidelines.
I see this as good buying opportunity.
Please do not come and reply this message, as your response will be equally bad as others. What a waste of time.
A day of consolidation after nice move yesterday. Now Zacks is trying to show wisdom after making mistakes.
Tomorrow is option expiration, then we are approaching Columbus Day, traders generally take light position before a holiday.
Light volume today so far is consolidation.
I look in on this board occasionally. In high hopes of finding some newsworthy posts and cogent comments about GTN...regrettably, Carolyn's posts, and perhaps one other person are the most worthy of reading. This is supposed to be a forum of ideas and yes, opinions too.
So what do you do? You try to shout Carolyn down, just the way you tried to shout me down. I put you on IGNORE and guess what? This board is almost empty of posts...all you ever do is post blather. If you are trying to impress people, you're going about it all wrong, little man.
One day you say "short this pos", the next day you say GTN is going to $19! Who is going to believe nitwit remarks like that? Are you on drugs, or what?!
You exhibit narcissist and megalomaniac tendencies and I, for one, will have nothing to do with you. I have no desire to post on this board as long as you are here...
boston...you are a buffoon...the worst of what is wrong with these Yahoo message boards. Any grunt-brain with a single digit IQ and an internet connection can post. Just look at the mess you have made of this message board! Hardly anyone posts on this board because of you---they won't even REPLY to your posts.
So until such time, if any, that you either shape up or just go away for the good of this board, I'll not post again. Good riddance to bad rubbish...
I am, stop trying to be the thought police, this isn't 1984. This is America, freedom of speech and all that other stuff.
Please contribute about GTN and this message board friendly.
No blast off yet, for every 7,500 volume GTN moves a penny. We need a big block on the buy side, so far it is taking 15 minutes backing and filling each advance of a just 5 cents.
Lot of patience is required and we have lot traders waiting to lock in profits.
Never bet on technicals vs news. This guy is quite the contrarian indicator. I hope he tells us this is going back to $7 again! Bwahahaaha. Still a big gap to close all the way back to $18 where it belongs! This will be $30 once the rest of the street knows what the smart money knows!
Sentiment: Strong Buy
Volume so far is very light, and overhead supply $14.00 - $14.50 will take a few days to overcome.
Please keep an eye on the volume for better clues, especially near the close. Generally these rallies fizzle near the close. But sometime it changes, could be soon.
Smart money is on sideline until technical picture improves. There are lot of folks waiting to take tax losses in this month. We need above million shares daily volume for more than 2 days, and we can then see buying on the sideline waiting crowd.
Volume behavior still shows small investor slowly liquidating. Block activity 25,000 share or above is missing.
This is off its 52 week highs more than any other stock in the sector still! For no reason at all! It's only a matter of time before this rebounds. With these new acquisitions GTN is worth $26-$28/share. Only a matter of time before smart money realizes what a steal this is or it might get taken out cheap. I'm surprised it hasn't been taken out already.
Ps, how are you opalockshiskabob?
Sentiment: Strong Buy