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Originally Posted by Joshuatree
For what its worth.In the latest AFR Smart Investor; their annual"Hot stocks" picks where 12 "experts" pick their 2 best ideas for the year, two have picked GEM
So, since ,it shot up to re $4.80 and now heading to re $3.80. Not looking good on da charts neither,still watching for poss entry.
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the debt is a bit high and the falling aus dollar didn't help..
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Another report i read(which i can't find) picked out GEM as one of the stocks to suffer with a lower $A. The singapore loan maybe.
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Yes. Not sure what will happen next. Seems like we a good ann. to pull the sp from the downtrend. But there is nothing I can think of.
Originally Posted by Joshuatree
Another report i read(which i can't find) picked out GEM as one of the stocks to suffer with a lower $A. The singapore loan maybe.
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Member
Last edited by blocker3; 13-03-2015 at 04:15 AM.
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Cant read it and no way am i giving them my email.
Meanwhile heres another rather damming 12 point view.
http://www.smh.com.au/business/inte...he-market8217s-best-sell-20150312-1427lj.html
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Yes, today's bounce might be just a short lift
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Re 6% plus drop today to $3.32 on 9 mill plus vol; a friendless trend continues.
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Gem has some more other serious issues as well.. Not looking good
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Great summary.. You should post it on hotcopper too. I bought it at high 4s, so still a long way. The 380 resistance is broken yesterday (4 or 5 times lucky), so it should run a bit upwards for now..
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