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Message: GRS - Gammon

GRS - Gammon

posted on Apr 07, 2010 02:05PM

Just bought this at 7.36 - dreadful performer, but I think it's bottomed for now. Earnings are now out of the way and the selling seems exhausted. Reasonable support at 7, with a stop at 6.49. I think stops are a must when bottom-fishing. With the PMs perking up, this one could have a decent bounce (dead cat or otherwise) fairly soon.

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