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Registered User
Joined: 11/5/2005
Posts: 180
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GNBT forming nice base after the run-up from the beginning of the year to mid March. Amazing support at the current levels, should see upward movement soon.
Thought's about GNBT?
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Registered User
Joined: 12/8/2004
Posts: 1,301
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I see the same thing, but this stock is hard to judge. It went nuts mainly because of bird flu, and I don't think much will happen until bird flu gets into the news again.
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Registered User
Joined: 11/5/2005
Posts: 180
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I agree bird flu had something to do with the run up but Oral-Lyn going to market, sales from Equator projected the end of the year and over 70 others patents is preventing GNBT from going lower.
GNBT is no longer a bird flu play, it's about to bring a product to market (Oral-Lyn) that will change diabetes forever.
Plus technically speaking the chart looks great as a solid base is forming
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Registered User
Joined: 2/13/2005
Posts: 26
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Nice dojis the last few days, current price sitting ontop of 50 DMA. Looks like a good potential for a long.
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Registered User
Joined: 12/31/2004
Posts: 382
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looks like you are right that its on the move.rkd998 have you bought any GNBT??
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Registered User
Joined: 11/5/2005
Posts: 180
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Nice action today and I'm glad there wasn't a gap up after hours. Possible gap up tomorrow morning but I'm hoping that's not the case, just a nice steady climb back towards $5.
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Registered User
Joined: 11/5/2005
Posts: 180
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Anyone else jump in GNBT when it was under accumulation between 2.6 and 2.7?
Any predictions on the upside?
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Registered User
Joined: 12/8/2004
Posts: 1,301
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The chart is so whacky mt predictor can only predict very wide ranges.
Minimum price target is 3.91-6.72
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Registered User
Joined: 11/5/2005
Posts: 180
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Yeah thats about how my TA ends up. I personally think GNBT will see $5 again on this run, but thats just me.
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