posted
Attention GMTN tomorrow. GMTN today didn't go down under 20MA line, on the contrary, it met strong support on the 20MA line which is approximate $13 level. From I-watch, these day large institution activities found. From public info, I can not find any reason why Institution increase their holding, but there must be someting brewing. Don't forget GMTN will open a lot of new store during April and May, check their website. http://www.gandermountain.com/storelocator/allstores.asp
So whenever the news about new store established out in either newspaper or magazine, it will attract more investor. This is a low float and strong FA company, any increase volume will push it much higher. My shorterm target is $15 in the next several weeks. These days showing no volume because people are worry about the 20MA support point, now it already establish, will see uptrend from now on.
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