Monday, December 31, 2012

Geo Energy - Battling Between Buyers/Sellers

On Dec 26th 2012, I made a call that the BBs in Geo Energy was snapping up shares secretly. Today, they revealed their buying activity and price rose to a high of 0.5 as of now.

The was a Tug of War between the buyers/sellers the past 2 days and Buyers gloriously emerged as the winner. In a trading range when a battle happens, it is hard to decide who will win unless one looks at the stock market like a mercantile exchange. Buyers always look to buy at whole sale and sell at retails to earn profits. It's the same for the stock market. As long as human emotions don't change, the stock market will never change.

Congrats to those who longed Geo Energy, because you are in profits now. :) Prosperous 2013! :)

Ronald K - Market Psychologist - The Big Speculator