Well there is something amiss and I have bailed. GXY accounted for 90% of my share holdings, so it has been a tough couple of weeks watching it fall from 4.46 high for absolutely no apparent reason. No-one at the company will return my call and that combined with lack of any public announcements from the company about progress at SDV and reasons for the present fall is enough for me. Good management of one's portfolio dictates that you should set a stop loss and adhere to it. Mine was set at 3.60 but I ignored and that's cost me unnecessarily. I'm now going to sit back and watch what happens before getting back in (if I get back in). Must admit though, it had been a good ride before the fall and I have done ok out of GXY.
GXY Price at posting:
$3.22 Sentiment: None Disclosure: Held
