Ahhh it’s funny watching the shorters post, would love if you’s posted with some actual context instead of saying dumb stuff like “this ones going down to $2” GXY is one of the most shorted stocks on the asx and like I said preciously I don’t see this going up without a big announcement. Wasn’t all to much to get excited about in this report (as expected). The suspense builds. They have chosen to be very evasive with the last 2 reports, I think there is something very big brewing. Gxy has a history of lulling around till the end of the year (September/November) before bolting, I can imagine a nice juicy announcement coming around that time and sending it flying and history shall repeat itself, I know what side of the fence i would rather be sitting on when the change of wind comes.
GXY Price at posting:
$2.94 Sentiment: Buy Disclosure: Held