I am far from an expert but other than a take over, GXY share price will take a long long time to recover.
More than 17% of stock shorted.
Stock is very tightly held.
Top 20 shareholders own 53% of stock.
Top 4 shareholders own nearly 43% of stock.
Not hard to work out who is shorting.
Number 20 in the top 20 only holds 1.5M shares.
Nothing against GXY just an observation, but it seems that there are not going to be enough shares on offer to lift the share price back to where this forum wants it to be in the near future.
IMHO
DYOR
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