He also says fair value is less than $2, +$400million in cash doesn't count, we should be shorting in the low $2 range, people are invested here on hype - amongst other garbage that is an insult to those that funded this company many years ago and enabled it to get to this point where he can "milk it" for a few dollars.
Sad really.
Pointing out an ema line on a chart and happening to luck upon a slight retrace is hardly genius. Like I pointed out yesterday, the price shot straight through this ema "resistance" 5 out of the last 8 times.
Chancing against the stats? Dumb luck, nothing more.
Speaking of charts, the 3 year chart still looks good to me. See you punks at 5 and 6 dollars, and beyond.
Lol at the broken clocks!
GXY Price at posting:
$2.70 Sentiment: Buy Disclosure: Held