All the while they accumulate a 5% hold on the stock and presumably they will upgrade their forecast as soon as they have accumulated enough. And the powers that be, do nothing.
On the shareprice, Once the quarterly is out they (traders, shorters or whoever) sell down and wait for the next announcement. They can make a 10%-20% profit in a couple months. Easy money.. The same happened with A2M for a couple of years. Frustrating but people making money..
I'm long on both so don't really care.
GXY Price at posting:
$3.91 Sentiment: Buy Disclosure: Held