Hey All,
I've owned GAX for a while and very much believe in it's potential! Holding strong!
My question is around the chart and share price trend. I've noticed that over the past several months there's been quite a few times that the price has spiked in a day, but in that same day has come down just as quickly as it rose.
A perfect example yesterday it was up some 30% or so, up to 18.5 cents, yet came back down to close at 16 cents and now today again at 15 cents. Between Dec 6th and 13th same thing happened and between Jan 17th and 24th same thing.
Does anyone have any best guess as to why we are seeing so much selling pressure once it's price starts to rise?.. I understand it's tempting to sell on a 30% day gain but in the long run seems like this thing has potential to be and do so much more!
KL