Saturday, July 7, 2012

THE REAL ECONOMIST SALUTES GOLDFIELD AND ITS TURNAROUND

The Goldfield Corporation ( AMEX : GV) has become the wonder stock of the American Stock Exchange. It traded near at about a quarter ( 25 cents ) for Santa on Christmas week just 6 1/2 months ago. Now it has rewarded those investors with 10 bags as it broke $ 2.50 on Friday putting at risk its 2 decade high of $ 2.80, just another bag away. The question for investors is how many more bags can GV handle in this upsurge that began earlier this year. With analyists and institutions taking aim at it lately and the company coming out with mighty earnings reports, GV could easily be the best stock of the Amex and beyond for calendar year 2012. Goldfield is a electrical construction and real estate development company in the South East with a presence in many states. Founded in 1906, it is the oldest company on the American Stock Exchange. For additional info, please review available sources. The RealEconomist blogspot monitors penny stock and affirms the necessity of markets for a strong economy.