Have you not noticed the shorting %?
It is not a case of people "betting on this going down even further", it is a case of people actively pushing it down further.
The shorts aren't a side bet, they are in the ring and driving the price down. Calculated.
No-one who has done their solid research sees this as a time to sell imo!
The traders are trying their hardest to convince holders that it is though - pranav, asb and old mate colinchi have been out in force lately! Spewing the same old FUD like nothing else!
The sp is so clearly detached from company value it is ridiculous imo!
Just look at what is on the cards over the next 5 years or so.... Wow! Upside much?!
GXY Price at posting:
$1.84 Sentiment: Buy Disclosure: Held