iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

GU: Long Idea

After some nice consolidation since my last post, [[GU]] may be ready to bust loose.

gu-2.gif

Caution: thinly traded

Disclaimer: Long GU

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8 comments

  1. Woodshedder

    Very interesting.

    There is some research out there on stocks that double in 8 weeks and then form a bull flag (much as GU has done).

    There were 22925 examples of this from 2000-2007. The average gain to max. high after breakout was 114%.

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  2. eddwinn

    bull flag forming in MVIS similiar to this..

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  3. RaginCajun

    this is by far my favorite speculative pick out there

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  4. yeomps

    Rage, thanks for the csiq call. I got in that one at 26.50.

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  5. alphadawgg

    I’d wait for a confirmed reversal at 15 before going long. Higher lows recently are favorable.

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  6. Employee8

    CZZ in Brazil does sugar based ethanol with Petrobas, how’s that one look?

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  7. Mac

    I am also in this stock and looking to add on a move higher. Volume has been very low as it consolidates here, which is perfect. The 9 day moving average has been support so far and I will keep riding that level, hopefully upward.

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  8. Juice

    Since Ragin is hot, I will buy GU effectively jinxing the boy and will promptly get my face ripped off.

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