GEM - G8 Education - Childcare Operator

[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.

[babymonster]

the debt is a bit high and the falling aus dollar didn't help..

[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.

[babymonster]

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.

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.

[blocker3]

Interesting

[Joshuatree]

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

[babymonster]

Yes, today's bounce might be just a short lift

[Joshuatree]

Re 6% plus drop today to $3.32 on 9 mill plus vol; a friendless trend continues.

[babymonster]

Gem has some more other serious issues as well.. Not looking good

[babymonster]

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..