What happened today is nothing more than a reaction to Argentina asking IMF for $50B to fund its budget for 2019. When the issue of Argentina is sorted out by Monday, the market will be up and GXY will outperform. The other issue is the trade war and Trump wanted to place tariffs on $200 B worth of Chinese goods.
The fundamentals of the company is intact and although I am in the red , the investment decision is intact and will add more at this ridiculous price.
Cheers, Sydney
GXY Price at posting:
$2.73 Sentiment: Buy Disclosure: Held
