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Bob
Bewarse Legend
Username: Bob

Post Number: 18027
Registered: 03-2005
Posted From: 76.28.64.171

Rating: N/A
Votes: 0

Posted on Friday, October 09, 2009 - 3:45 pm:   

strong buy GSPG 100% guranteed if you enter now upto 500% chance


http://i36.tinypic.com/scgmc9.jpg

As you can see from the Full Stochastics and Williams %R, GSPG is extremely oversold, meaning the end of a sell-off or consolidation. Ironically we have found nice support at .01 and it has had a chance to break support for about a week now but hasn't and has stayed above it. Once we get some good volume and more buyers, the stock will rise up. I am also loving the ADX, as we can see the +D1 is just crossing the -D1 from the underside. Last time it did this back in late August, GSGP went from .006 to .012 and a little over .014.

Now some analysis of the company as a whole. I hope everyone has said a chance to look over their website really quick http://www.goldspring.us/

One of the reasons I picked GSGP was because it's an OTCBB(Not a Pink) and their a mining company and lately these has gone up because the price of precious metals like gold and silver have been seeing hew highs and is expected to continue in the future.

Gold prices show no sign of slowing, hit new high:
http://www.google.com/hostednews/ap/article/ALeqM5hLdQzzkk_vLW3OsMLzbo-eZnRKbAD9 B754100

Gold Could Hit $2000: http://www.cnbc.com/id/15840232?video=1287787257&play=1

GSPG also had news come out just before close on Thursday: http://www.tradingmarkets.com/.site/news/Stock%20News/2571112/

As for future estimates of the price per share, analyst estimate the price per share to be .07:
http://www.marketwatch.com/investing/stock/GSPG/analystestimates
http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GSPG&selected=GSPG

As you can see I believe GSPG is really undervalued right now and the consolidation is over from the previous run and we are set to begin a new run.
BOB the Legend

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