GPRC is still at the top of the list of potential Chinese Leveraged buyouts. I would be very surprised to see it break below its 52 week low here. Actually anything under .70 cents has brought in buyers. .70 cents is still a strong support price here. Most of the time when i put in big buy orders to accumulate under .70 cents, the market makers grab most of the shares and hand out few to investors.
Sentiment: Strong Sell
Another new Seeking Alpha Publication released Aug. 26,2012 puts GPRC at the top of the list for a leveraged buyout. This warrants a screaming buy --- Bids accelerating this AM. See NEWS headlines for GPRC in Yahoo Finance to read this story.
Sentiment: Strong Buy
It would be nice if we break out over 50 day moving average which = $.80 cents, then GPRC would get some normalcy valuation. An easy push to over $1
Any company news could do it or China Stimulus plan increase which is possible soon with a coordinated G7 move with Europe and US.
Since GPRC filled that Gap from earnings day, it is all up now. Maybe only 2 to 3 cents per day gains but the daily stock trading pattern clearly shows that it is under accumulation. The market makers are taking most sales that are sold at the market and someone is chipping away at the ask price when its least expected.