When I look at the depth of the market, which by the way is an imperfect indication of the sentiment, I can't see anything stopping the fall right now.
There are no buyers, everyone is scared. The lithium world is on its head. Every single lithium stock is getting hammered on a daily basis (a bit of green in the US today at least, lucky them)
I hear that shorters should start covering soon. Why on earth would they do that?
They have a free highway to whatever their target is and beyond.
Why would instos start buying now when they see what we all see?
I'll be crying if we get sub $2, but as I have always said, I am not selling any of my shares.
On and by the way, setting pre-market orders to $2.33 when the price is $2.41 (and doing this every single day of the week) is called price manipulation and it is illegal. But who cares?
GXY Price at posting:
$2.37 Sentiment: Hold Disclosure: Held
