The fact they havnt covered yet or really havnt even started covering would suggest to me that they think bad news is on the way or that they think they’ll be able to push the price lower then did last weeks lows. I mean they only make money when there positions are covered so makes no sense that they hold all this risk unless they think the price will crash. IMO
The volume has been incredably low thismorning I wonder if it’ll pick up like yesterday.
GXY Price at posting:
$2.78 Sentiment: Buy Disclosure: Held
