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GSPI has retracted from it's previous high. It looks to have formed a descent base with a moderate volume break out towards the end of yesterday. I have already closed my position on this one, but am considering getting back in.
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Looks like it may be a double if it follows in the footsteps of other ethanol / biodiesel stocks. I am in small first will maybe accumulate more if i see it running.......thanks for the post on this could be good
-------------------- The only thing that goes up at my age are stocks!
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Well... I suggest to be careful with ethanol and biodiesel stocks... they arent' all goldmines. It's always important to do a proper DD. Ethanol doesn't necessarly mean instant green. Just a little advice.
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I agree this one is basically a blind pick, but I made 50% on it the first go round. I will probably pick up a small speculative position tommorrow along with TNOG, and OMOG. Still holding a small AMEP position as well.
Tommorrow should be a very interesting geopolotical day, add in the oil speculation and the Bush talking about Hydrogen, etc, etc, etc. This week will be domintated once again by alt Energy and Oil based stocks. I am trying to the play the one's with the best setups...well I guess wa all are!