its nice to see this stock settling 14 cents higher,5%, than yesterdays low of 2.86. maybe, just maybe we are getting some traction. volume ramped up a bit today also. ive seen this before with this stock, one good day followed by a bad day or two steps forward and then three back. it seems to have a good feel though today, buyers appetites seem better. lets hope it can carry over into tomorrow. GLTA
Stocks trade the opposite way that gas prices move up and down. You know - you hear on the radio how the prices are going up, you blink and one day to the next it's jumped 50 cents a gallon at the pump. They say it's going down and maybe a couple cents a week.
Same with stocks like this - it will fall hard and fast, climbing back takes time. But, once it gets moving in the right direction, it's like inertia and will keep moving in the same direction.
Also, we both know that at some points along the way the company will provide press releases as new deals come up. The stock will pick up some momentum then.
Patience - we know the company is good, just beaten down for technical reasons.