Monday, December 14, 2009

GOIG - Looks Poised To Bounce From All Time Lows


GOIG has been beaten down in a big way.  Volume has been on the rise indicating shares are hitting the market.  Pink Sheets shows a share count that is almost maxed out.  It appears the restricted shares are coming out of hiding and this has put a drag on the stock.

This was a stock that was trading over $.01 not long ago.  At some point the selling will abate and the stock will post a nice run.

Currently the stock sits at $.0006 - $.0007.
A pop from here to $.001 - $.0012 stands a 75% chance of happening.
A pop to $.0015 - $.002 would not be suprising considering the fall this stock has seen.



Keep GOIG on your radar this week for a bounce.

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