BullMarketRun.com extends best wishes to its Canadian readers for a joyful and safe CANADA Day today! The BMR crew is taking advantage of this slow market period (no trading July 1 in Canada, no trading July 5 in the U.S. for Independence Day) by taking several days of well deserved rest.
Barring any major market developments, the next BMR posting will be Tuesday morning, July 6, prior to market open (Morning Musings will not appear Friday or Monday, nor will our regular Week In Review feature). We appreciate your understanding. BMR will be back in full force next Tuesday morning!
Be prepared to face this kind of situation…. droppong 10-15% a day for junior stock… GBB was a star a week ago but it lost 1/3 value from 71 cents in a few trading days. This proves
when they want to dump this stock… they will … even though they are losing money… For future outlook, it may go back to 42 cents. I sold at three stages… 61 cents , 55 cents and today at 50 cents. The overall world market seems to be in the downward trend and GBB may follow more severely. Be careful guys… Don’t expect to go back to 60 cents in short term…. better keep the cash. You will have a lot of buying opportunities…
SFF may be a good choice but it is very strong at 16 – 18 cents range…. this stock may be the only solid one in the next 2-3 months.
I love to read BMR’s comments for the two stocks…. GBB and SFF
Comment by Theodore — July 5, 2010 @ 5:09 pm