Here is an idea. Brilliant strategy by the big boys. On how to get a bigger stake of GXY. Knock GXY down, this will build selling pressure among the GMM crew. MOST GMM holders cant sell any shares as they accepted a T/O and shares in GXY have not been issued.
Once GXY shares are issued to GMM'ers there will be some who will/have to sell. Price will drop even further. Stop losses will be hit. Probably will drop like a rock, initially. Could hit 30c intraday. Certainly to the low 30s.
YEP easy to manipulate in this situation if you have the cash. Especially if its not your cash.
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