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Gannett Co., Inc. (GCI) Message Board

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  • tgagrippa tgagrippa Jul 16, 2009 10:20 AM Flag

    Sell and Wait for Pullback

    Yes, it's down 5 cents at this moment on very high volume of 1.64 million shares, less than one hour into trading. But given the overnight strength and this small pull-back it doesn't look so bad. Not as bad as I thought the profit taking would be following Wednesday's run-up. This looks like strength to me. I am holding for a limit price north of $5 but would never fault profit taking. Of course, at 4 p.m. we may be sub-$4 and I'll look like a chump. I don't think so, though.

 
GCI
12.65-0.18(-1.40%)Jul 31 4:02 PMEDT