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Gramercy Capital Corp. (GKK) close to breaching breakout level
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Posted on 10/29/09 at 1:25pm by Mark Moneymaster
Gramercy Capital Corp. (NYSE: GKK) has zoomed past the 50 days and 200 days MA in Thursday's session, as the Gramercy Capital Corp. (GKK) stock has already mopped up gains of almost 33% by afternoon trades to $3.07.
The fact that Thursday's volume in Gramercy Capital Corp. (GKK) stock have been coupled with strong volumes gives hopes that the stock may manage to reacha breakout region.
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