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Author Topic: GFG - NEW 52-Week Low
Smash
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Guaranty Financial Group Inc just hit a new 52-week low today at .17/share. No real reason for the drop. The company hasn't released news in a long time. This may have contributed to the plummeting price. The range between the 52 week high and low is huge. Volume is picking up tremendously.

Definitely one to radar. This will move due to the increased attention it'll get from the new low, imo.
Please do your own research.

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Smash
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One thing to add, this is trading on the NYSE, not on pink sheets or OTCBB. I think its going to move on its own, but if we get any news, this would skyrocket back to where it should be, imo.
Do your research

Creeping down near .17/share, can still get in at or near 52-week low.

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Smash
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FROM "HOT STOCKS FREE FOR ALL" FORUM:

quote:
Originally posted by sju1973:
Careful on this one. This bank is in serious trouble. Might need FDIC to step in for survival. I would stay away.

sju1973, good call on the added risk. Definitely requires a lot of research and understanding of risks involved. This could present a good short-term play thanks to speculation and added interest. BUT there is always a risk of great loss with these kinds of companies.
May be a good one to radar in case things get better in second quarter if you don't like the short term risk/reward.
Thanks sju1973

Posts: 406 | From: San Diego | Registered: Jun 2009  |  IP: Logged | Report this post to a Moderator
   

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