GAH – some additional thoughts

Only a few days ago I mentioned that I sold out of GAH (Gable Holdings).

Since then, the price has declined – it is down 3.8% today – and the 50dSMA has been moving up. Accordingly, this puts the
PV50 at 17% (Price versus 50dMA as a percentage). So it’s now in what I consider to be the “hold” zone.

In retrospect, I think my comments on underprovisioning were too paranoid.

Everything now depends on the finals, which I expect to be out later this month; although the company has not told the market when they will be produced. There’s a considerable growth story going on with GAH, so hopefully shareholders will be pleased with the results. I hope to write an update when the results come out.

Good luck all!

No position.


About mcturra2000

Computer programmer living in Scotland.
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