This is a battle and we are at a critical juncture. There was a large intso shorter that made the decision to sink the share price with 2 minutes to close and punted nearly a million dollars to pull the share price to 2.52, cents below the previous low of 2.54.
Their hope is that it creates the fear and panic and drags it down to the next technical level. If it does, his punt will pay off especially considering he probably holds a massive exposure as part of the 17% of shorts already out there. If it doesn't, it was worth the gamble.
For me, I have helped the longs by buying more and will further help the longs by holding firm. Do your bit to win the battle.
Ultimately, this is a great company with great prospects. Long term we will be fine and we will win the war!
Stay strong!
GXY Great Buying Today, page-63
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