Email Subject: good signs for GMR
On a day when the markets got hit pretty hard again and the oil tanker industry was down, GMR posted a 17% gain on heavier than normal volume. I don't want to speak to soon, but those are signs of a bottoming process. UP on higher than average volume and relative strength within the sector. Yield still at least 18%. An 80% move would get this yield back to 10%. One day does not make a trend, but Im seeing signs of life. Scroll down on the link to see the competitors
http://finance.google.com/finance?client=ig&q=GMR
Good luck.
Wednesday, June 3, 2009
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